litecoin usd chart

Bitcoin Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 5 down vote favorite 2 I always expected the LTC and BTC exchange rate to show synchronous tops/bottoms, but to my surprise LTC seems to remains stable during BTC crashes (and vice versa).Is this because I'm a novice at chart-analysis, or is there really little correlation?exchanges litecoin exchange-rate technical-analysis up vote 1 down vote Assuming that the BTC price is falling against USD, either BTC/LTC will remain stable and LTC will crash proportionately against USD or LTC/USD will remain stable and BTC will crash against LTC or something in between.Otherwise, there will be arbitrage opportunities by changing by using LTC as an intermediary between BTC and USD up vote 0 down vote LTC/BTC and BTC/LTC are two currency pairs to look at here.
You'll notice that as BTC/LTC goes down, LTC/BTC goes up.Basically what I've observed is that "perceived value" moves from Fiat to BTC to LTC.Meaning people will run up the price of BTC with USD or CNY and that will make BTC more "valuable".Then the price of LTC goes up because it now takes more LTC to buy BTC, since it can be sold for more Fiat, etc. up vote 0 down vote ) Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Not the answer you're looking for?Browse other questions tagged exchanges litecoin exchange-rate technical-analysis or ask your own question. full width chart This intuitive and easy to use TradingView chart provides real-time Forex and, either real-time or delayed Commodities, Stocks, Indices and other data.- On the right you will find a Watchlist.We added the most popular currency pairs as well as indices, commodities and stocks there.
- Right under the Watchlist you will find Headlines and StockTwits (if provided) for a symbol you choose.bitcoin jabberTradingView_336x280 - You can change symbol either by clicking on any symbol in Watchlist to load chart, StockTwits (if provided) and Headlines, or by clicking the current active symbol in the top left corner of the chart: e.g.bitcoin vending machineEURUSD, and starting typing another symbol instead.bitcoin average eur- To the right of the Watchlist, Stocktwits and headlines window you will find Tools.ukash bitcoin ukYou can swith to Hotlists, with US Exchanges Volume gainers, Percent change gainers and Percent change Losers.bitcoin dash exchange
The other useful tab under the Tools are the Economic and Earnings calendars.bitcoin metadataThe chart lets you add indicators and/or any of the 50+ drawing tools from the left and top toolbars.E.g you can add: Text Trend lines Support and Resistance Fibonacci Retracements Pitchfork Elliot Waves Gann Pivot Points Bollinger Bands And even more!Need to save your chart?Click the camera button to receive a shareable image URL that you can post on Facebook, Twitter or elsewhere.For more information read the Tradingview Charting Manual Want some additional features to make your charts even more informative and useful?Read more about signing up for a Tradingview Pro account!Market24hclock: Main Features Our Apps Watch introductory Video Advertise Contact usBoth of the coins we follow on Tuesdays are up since the last update.Bitcoin is trading at $1,147 right now, up from $1,057 last Tuesday.
It’s’ little brother Litecoin is up substantially to $9.03 on segwit implementation hopes.As usual, we will first cover bitcoin then come back to LTC later in the article.Bitcoin Ends Downtrend With a non-stop rally during the previous seven days bitcoin has ended the downtrend and is now back in neutral mode.The daily chart below shows the large range we’re trading in right now.A new bull market requires a breakout above the $1,270 highs.A new bear market would be in force on a break below $900 dollars.This is slightly below last month’s lows at $901 per coin.On the longer-term (both weekly and monthly) charts BTC/USD is still in bullish territory.Litecoin Doubles on Segwit Hopes Litecoin prices more than doubled to $9.03 from $4.12 during our previous update.This extended the rally into new territory.A primary driver behind the jump is the hopes that segwit for Litecoin will be activated.The largest LTC pool, F2Pool, started signaling for segwit on March 31st.By this time prices have already moved from $4.2 to over $7 dollars per coin, showing insider knowledge of the decision.
Earlier today a small pool, Batpool, started signaling segwit as well, bringing us closer to the 75% threshold needed to activation.Currently, around 62% of all LTC mining is signaling for segwit.Fundamentally doubts remain about the sustainability of this rally.The main benefit of segwit for bitcoin is seen in shrinking the footprint of the blocks, thereby allowing more transactions.But unlike bitcoin, litecoin’s network is not congested.It’s possible that the magnitude of the gains was amplified by the ongoing climate of pumps in the altcoin market.In prior weeks we saw the price of Dash increase by 10 times and the price of Ether by a factor of five.Those two coins are now down substantially from their peaks.Technically you can’t argue that the charts are still bullish here.In fact, the latest surge higher was so strong that it shifted LTC/USD into a bull market on the weekly and monthly charts as well.With the surge above the halving high at $8.64, no clear resistance levels can be seen above.