Litecoin looks like it might be heading up to do some damage. Of all the cryptos right now, it's one of the best performing in terms of return, AND is one of the best in terms of chart patterns. So far, we haven't seen any major pullbacks, and it's been mostly gains (heavy) for LTC.
Current prices reflect a 60% gain from hitting the low and bounce at $100. This is crazy! Typically, we see the smaller alts perform better when they have the oversold bounce with the BTC connection.
Not surprisingly, LTC has also rallied since BTC has been.
Volumes have been tapering off, so I expect us to see continued consolidation before making any more moves.
Thoughts on LTC right now???