LTC BTC Binance Monitor Litecoin Trading Activity, Live Order Book, Price and Manage Alerts

But a bounce is due, according to one crypto analyst‘s interpretation of the LTCBTC price chart. Overlapping area represents the amount of risk that can be diversified away by holding Bitcoin and Litecoin in the same portfolio, assuming nothing else is changed. Combining all the market indicators, a continued price surge was likely, which should elate investors. Not only this, but Litecoin’s reserve risk spiked lately, indicating investors’ low confidence.

Everyone knows that gold is valuable, and silver is valuable, and everyone knows that gold is worth more than silver. It’s no big stretch of the imagination to conclude that Bitcoin and Litecoin, designed to be the crypto equivalents of the two big precious metals, have succeeded in mimicing their relative values. Litecoin has a lower LTC/USD exchange rate and less purchasing power because it has a larger supply and lower demand than other cryptocurrencies do. This is largely due to consumer and investor perspectives—if a means of exchange can purchase more goods, it is worth more.

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However, studies could examine much more sophisticated techniques. Thus, the heterogeneous LSGDM allows us to modulate the weight of each technique upon integrating them . Or shape-based clustering seem to offer more unstable results, probably because they use disaggregated data, and the results are more sensitive to small changes. This means that there is no agreement between the different clustering results, which matches our aim of using clustering results that provide complementary views on the market.

However, that all might soon turn around, as a massive bounce is brewing on the LTCBTC trading pair. Does it mean every investment or a 50/50 chance for profit or loss? If you understand the concept of the Risk/Reward ratio, it’ll be way easier to steer through the choppy waters of the crypto market. Using a crypto portfolio tracker has become more convenient than it was in the past. As an example, you have acquired Litecoin at different prices, which makes it difficult to identify the individual purchasing prices.

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The token is expected to test the resistance zone between $64.05 and $66.14 in the coming hours and hover within the levels until it receives a bullish push to break through the levels. The Litecoin price fell below the trend line in September and has yet to regain the lost ground. This rally has pushed LTC price very close to a resistance zone and a breakout about which can bode well for the crypto. The Bitfinex mobile app adapts the full functionality of the Bitfinex platform for seamless ‘on-the-go’ trading.

The blockchain was created by Charlie Lee, a software engineer who had worked at Google and crypto exchange Coinbase, and it was launched on the bitcointalk forum in October 2011. It’s hard to think that anything but the silver analogy is what propelled Litecoin to so close a value as silver. Risk assets are investments that experience a significant amount of volatility in the usual course of the market. When the value of this metric goes up, it means the market cap is outpacing the realized cap at the moment, leading to investors having more motive to sell the coin.

Where can I buy and sell Litecoin?

The methodology proposed can be used as a way to map the main trends of the market by integrating different partitional clustering techniques. This is not surprising, as beta is computed using the mean return and volatility, which are the variables considered for clustering. In contrast, Cluster 3 is linked to high market cap cryptocurrencies . Regardless, our study is a small step to better understanding the determinants of cryptocurrency prices.

If this postulation holds true, Bitcoin will not see any long term drop, in fact if just one percent of Chinese hold $20 of Bitcoin it will raise a single Bitcoin price to over $10,000 per coin. If just one percent of Chinese hold $20 Litecoin it will raise a single Litecoin price to over $5,000 per coin. Litecoin offers a far higher ratio for growth and perhaps far higher usage. I do not postulate that Litecoin will pass Bitcoin in popularity for a number of reasons. However the drive to save and preserve wealth in China already has had a huge impact on Litecoin and this trend will continue. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate.

This alone makes some experts consider Litecoin more technologically advanced crypto than Bitcoin, even though it’s less recognized and accepted than BTC. Just like several other unique cryptocurrency projects, Litecoin was created as a Bitcoin fork looking to enhance the original blockchain code. While Litecoin is created with the Bitcoin protocol, it still has some obvious differences from it. Bitcoin is known as the world’s first cryptocurrency to appear on the crypto market. One of Bitcoin’s biggest advantages is that it has created a worldwide community of digital currency revolution led by crypto enthusiasts.

A scant handful of experts predict that XRP can reach $10 in the near future — if ever. If the bear market reverses, XRP is likely to follow the trend of bitcoin and begin to rise again. CoinQuora sees the currency breaking $10 in 2022 if crypto reverses course to become a bull market again.

Russell 2000 Futures1,810.50-3.60(-0.20%)

Ludvigson , “Consumption, aggregate wealth, and expected stock returns”, The Journal of Finance 56 , 815–849. An empirical investigation into the fundamental value of Bitcoin”, Economics Letters 130, 32–36. You have to create your account and get the verification done by the exchanges. LTC’s MVRV Ratio went up considerably over the last week, which is XLM https://www.beaxy.com/ a bullish sign. Moreover, the coin’s volume was also in its support as it increased along with the MVRV Ratio.

Litecoin was developed in October 2011 by Charlie Lee, a former Google and Coinbase engineer. The block time was drastically reduced so that merchants could LINK accept litecoin without having to wait too long for the transaction to receive enough confirmations from the network. The supply was increased to prevent the digital currency from becoming too scarce and unaffordable.

• Bitcoin is more popular because of its ability to be mined by large farms and mining pools; also, demand for it has risen so high that it commands a very high cryptocurrency-to-dollar exchange rate.
• We can now use those BTC to buy significantly more altcoins that we could have just a few weeks ago.
• Beaxy allows you to trade litecoin with convenience and peace of mind.

Swapzone is the best place for your BTC to XMR conversions because of our transparent services. We offer you safe and secured services with zero need for registration and KYC. What’s more, our calculator provides accurate results in seconds; you only need to enter the number of crypto tokens in the BTC to LTC ratio calculator to get your results.

• LTC/BTC and BTC/LTC are both ratios of purchasing one currency with another.
• Overlapping area represents the amount of risk that can be diversified away by holding Bitcoin and Litecoin in the same portfolio, assuming nothing else is changed.
• In other words, if the price of one ETH tends to go below $1800, your portfolio will initiate an auto-sell sequence selling all the ETHs.
• Bitcoin is improving its network tech with Segwit and will likely implement the Lightning Network, atomic swaps and privacy features at some point in the months ahead.
• The market is currently pricing Segwit2x at $1,300 via futures trading.
• I have long believed that this coming year will set a massive ratio rise due to the cut in supply.