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Litecoin (LTC) is a mess – their roadmap is literally non-existent

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2016: Write roadmap & whitepaper

2017: Hype creation

2018: Cashing out and the great disappearance

This is how Litecoin was described in their own subreddit. Even funnier was the comment right above it that says Litecoin’s roadmap is literally non-existent because they forgot to renew their domain subscription.Current State Litecoin Roadmap_ _ litecoin

And that depicts the state of Litecoin the best. It is a project that has little going on for it, hovering around scanty $25 per coin.

LTC is like an abandoned legacy BTC fork that is carrying on by name recognition only, since it was one of the earliest forks. It is a 100% copy of bitcoin, brings zero innovation and the only the only reason LTC is still even on the map is because Charlie Lee talked Coinbase CEO Brian Armstrong into adding it to Coinbase.

Brian threatened to add new coins to light a fire under Core to scale bitcoin. He only planned to add ETH. But Charlie was working at Coinbase and got LTC added too. Then we had a bull run where millions of uninformed people swarmed into crypto and saw LTC on Coinbase. That’s literally the only reason this coin is still even on the map.

Litecoin does nothing to contribute any value to the cryptocurrency world. This is directly from the mouth of litecoin holders and insiders:

When you read this, the first thought that comes to mind is do we really need a $1.8 billion testbed for bitcoin? Where is the value that litecoin brings to the table. It is ok to take parts of other people’s code when it is open source, it is a common practice among developers. But to simply sit and wait for other people to do the work and just port it onto LTC is paragon of parasitism.

Here is another very detailed essay on Litecoin by Multicoin Capital, they too see no real purpose for LTC’s existence.

Charlie Lee pops out occasionally with some light comments, no firm and in-depth explanations what are they up to, but rather some spirit lifting buzzwords about bears, bulls, patience and so on. Litecoin is pointless and just like it lead the ascend of the questionable altcoins back in the bull-mania, it will slowly lead the way to the graveyard for those same altcoins.

Source: captainaltcoin

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Litecoin

Litecoin (LTC/USD) forecast and analysis on May 23, 2019

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Cryptocurrency Litecoin (LTC/USD) is trading at 91.47. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bullish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Litecoin (LTC/USD) forecast and analysis on May 23, 2019

As part of the Litecoin course forecast, a test level of 88.10 is expected. Where can we expect an attempt to continue the growth of LTC/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 101.50 The conservative area for buying of Litecoin is located near the lower border of the Bollinger Bands indicator strip at level 87.80.

Litecoin (LTC/USD) forecast and analysis on May 23, 2019

Cancellation of the option to continue the growth of the Litecoin exchange rate will be a breakdown of the lower limit of the Bollinger Bands indicator. As well as the moving average with a period of 55 and closing quotes pair below 83.50. This will indicate a change in the current trend in favor of the bearish for LTC/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bars, one should expect an acceleration of the fall of the cryptocurrency.

Litecoin (LTC/USD) forecast and analysis on May 23, 2019 implies a test level of 88.10. Further growth is expected to continue to the area above the level of 101.50. The conservative area for buying Litecoin is located area of 87.80. The cancellation of the cryptocurrency growth option will be the breakdown of the level of 83.50. In this case, we should expect the continuation of the fall.

-News Source

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Litecoin

Litecoin (LTC/USD) forecast and analysis on May 22, 2019

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Cryptocurrency Litecoin (LTC/USD) is trading at 90.91. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bullish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Litecoin (LTC/USD) forecast and analysis on May 22, 2019

As part of the Litecoin course forecast, a test level of 88.10 is expected. Where can we expect an attempt to continue the growth of LTC/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 102.00. The conservative area for buying of Litecoin is located near the lower border of the Bollinger Bands indicator strip at level 85.20.

Litecoin (LTC/USD) forecast and analysis on May 22, 2019

Cancellation of the option to continue the growth of the Litecoin exchange rate will be a breakdown of the lower limit of the Bollinger Bands indicator. As well as a moving average with a period of 55 and closing quotes pair below 82.50. This will indicate a change in the current trend in favor of the bearish for LTC/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bars, one should expect an acceleration of the fall of the cryptocurrency.

Litecoin (LTC/USD) forecast and analysis on May 22, 2019 implies a test level of 88.10. Further growth is expected to continue to the area above the level of 104.00. The conservative area for buying Litecoin is located area of 84.00. The cancellation of the cryptocurrency growth option will be the breakdown of the level of 80.20. In this case, we should expect the continuation of the fall.

-News Source

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Litecoin

Litecoin (LTC/USD) forecast and analysis on May 21, 2019

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Cryptocurrency Litecoin (LTC/USD) is trading at 91.88. Cryptocurrency quotes are trading below the moving average with a period of 55. This indicates a bullish trend on Litecoin. At the moment, cryptocurrency quotes are moving near the middle border of the Bollinger Bands indicator.

Litecoin (LTC/USD) forecast and analysis on May 21, 2019

As part of the Litecoin course forecast, a test level of 88.20 is expected. Where can we expect an attempt to continue the growth of LTC/USD and the further development of the upward trend. The purpose of this movement is the area near the level of 104.00. The conservative area for buying of Litecoin is located near the lower border of the Bollinger Bands indicator strip at level 84.00.

Litecoin (LTC/USD) forecast and analysis on May 21, 2019

Cancellation of the option to continue the growth of the Litecoin exchange rate will be a breakdown of the lower limit of the Bollinger Bands indicator. As well as a moving average with a period of 55 and closing quotes pair below 80.20 area. This will indicate a change in the current trend in favor of the bearish for LTC/USD. In case of a breakdown of the upper border of the Bollinger Bands indicator bars, one should expect an acceleration of the fall of the cryptocurrency.

Litecoin (LTC/USD) forecast and analysis on May 21, 2019 implies a test level of 88.20. Further growth is expected to continue to the area above the level of 104.00. The conservative area for buying Litecoin is located area of 84.00. The cancellation of the cryptocurrency growth option will be the breakdown of the level of 80.20. In this case, we should expect the continuation of the fall.

-News Source

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