**I do not think bitcoin slowly but surely lead peaked, followed by etherium and coin the other. I will make the largest 3 crypto ratio, among others, bitcoin, etherium and litecoin **
Apart from technalysis, don’t forget that any negative movement in BTC will positively impact LTC. LTC remains a hedge asset, and depending on market state one can use it to build a low risk strategy.
To evaluate current situation we should go down one timeframe.
There has been no 2900 retest. Very powerful movement + general market mood leave this level far behind. Retests of this level in the nearest days are not likely.
More likely is a retest of $3200 support zone. That’s a new level that has been tested and new movements towards this level are highly probable.
This is for bitcoin comparison graph
Compared with the other cryptocoin is the bitcoin still above, while etherium moves slowly following the bitcoin spike, which we never imagine. Here is the increase of etherium graph
And this spike in litecoin that moves thin follows the movement of etherium and monero, and is unimaginable when litecoin is still 1 litecoin = 3 $ USD.
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This is the benchmark currency currency in the future, even a currency of world trade in the future. Thanks friends.