Altcoins News
By Dan Saada
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Investing.com reportedly stated that Litecoin has been trading at $246.347 by 23:55 (18:25 GMT) on the Investing.com Index on Saturday, up 10.09% on the day.
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This looks like a rally supported by both retail and institutional investors, which is a sign of movement towards mass adoption.
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However, it has been reported that at $246.347, Litecoin was still down 41.35% from its all-time high of $420.00 set on Tuesday, December 12, 2017.
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This recent price hike had several investors awake at 4am watching Litecoin (LTC). This rally was particularly interesting to those who were adding to their bags.
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Some of them stated that they have been watching trying to find a good entry for a quick long, but that it keeps leaving their buy orders behind.
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While all these are happening, there was someone who stated, divide $280 price of Litecoin into 10 years and it averages out into $28 dollars a year.
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Further stated, Sad, but I rather watch paint dry, Litecoin – I am Glad I dumped my Litecoin when I saw every coin in the market pump and Litecoin barely even moved by a few…
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Someone who was thinking in terms of the technical parameters stated, Equivalent to LTC at somewhere between $50-100 in the last bull market, meaning at least another 300-700% to…
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Further stated, wrong comparison. $40 was the last ATH before LTC went on to $380. Since, we came down from $380 and haven’t broken it yet, current levels are more like LTC at…
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Those who were not ready to get in to all the convincing about LTC being a good one for investment stated, seriously, LTC is the only coin which didn't break ATH even $$ while…
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