Litecoin sees 29% gains today
Litecoin is set to launch lite pay on the 26 February and has seen a pretty big bullish move today. Jumping up from $160 USD all the way up to $220 USD.
Litcoin to break the BTC correlation?
Not only has Litecoin gained a lot today it has also seen its highest ever correlation to BTC at 0.02264 currently.
This may mean that Litecoin will be less reliant on the price action of bitcoin as well which is good news for all those LTC hodlers out there.
Litecoin is the most bullish out of the BTC and ETH
Interestingly LTC has already broken the down trend and is right now the leader of the crypto pack with the most bullish signs. Although it is likely to pull back a bit as it corrects form its massive jump today it is looking like a very good time to buy and hold LTC for the long term.
Peace out
Fuble