On August 19th, 2017 we published the article Litecoin to outperform Bitcoin over the next two months when the price ratio was slightly above 0.011 and never looked back until it reached 0.019 by September 1st, 2017. LTC/XBT Ratio – 2017 Daily Price Chart – Before LTC/XBT Ratio – 2017 Daily Price Chart – After
Previous analysis about LITECOIN We had previously anticipated LITECOIN outperforming BITCOIN and called a bottom when the price ratio was at 0.011 with a price target of 0.20: Litecoin to overperform Bitcoin over the next two months It is now a good time to buy Litecoin against Bitcoin We also called the break above $50 […]
1. Methodology In an analysis posted two days ago we reviewed the price charts of all cryptocurrency to US Dollar pairs tradable on Kraken and identified several potential breakout configurations. Some of the cryptocoins considered appear stronger but the picture may not be completely clear about which currency to invest into for the medium term […]
In a previous post I mentioned that Litecoin should be outperforming Bitcoin until the month of October, and while the Bitcoin price appears to be stalling below its recent historical price peak at $4,885 the Litecoin price is breaking out higher. Therefore it may be a good time for buying Litecoin against the Bitcoin. With […]
Since the turn of the year ETHEREUM has outperformed BITCOIN as shown by the blue arrow on thee weekly chart. On the daily chart the price is clearly compressed in a horizontal triangle. If the price breaks out and reaches into the 0.09 area a trend continuation to the upside should be envisioned.
The LTCBTC ratio has hit a support line on which it has always bounced higher since the end of April 2017 (if the flash crash by the end of May is taken out of consideration). EDIT on 20 Aug 2017: The lower spike from 25 May is specific to the COINBASE exchange but is not present […]