Litecoin is trading at around $200… still. The altcoin has failed to set a new all-time high like Bitcoin, Ethereum, and others in the top ten have, yet it has clung onto the ranks for its entire lifetime.
A signal has appeared – across several of the highest timeframes – that could suggest that the long downtrend against Bitcoin is about to come to an explosive ending.
Litecoin Loses Luster During Bear Market, Can’t Catch A Spark
Few coins have had as difficult of a time recovering since the last bull market as Litecoin has. The only other coin in the top ten to struggle so severely is XRP, and the coin’s parent company Ripple is locked in a legal battle with the SEC.
Litecoin has no such issue to keep its prices down, yet the coin has yet to do much better than its 2019 peak, and is not even halfway recovered to its previous all-time high around