{"id":458321,"date":"2021-03-09T20:00:34","date_gmt":"2021-03-09T20:00:34","guid":{"rendered":"https:\/\/wncen.com\/?p=458321"},"modified":"2024-06-11T14:13:49","modified_gmt":"2024-06-11T14:13:49","slug":"why-litecoin-next-crypto-dogecoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin\/why-litecoin-next-crypto-dogecoin\/","title":{"rendered":"Why Litecoin Is The Next Crypto To \u201cTeleport\u201d Like Dogecoin"},"content":{"rendered":"

Litecoin<\/a> was among the top performers of the last bull market, but during this market cycle the cryptocurrency that once led altcoin seasons, is now lagging far behind.<\/p>\n

However, according to one crypto analyst’s take on the LTCBTC chart, the altcoin will be the next to follow in the footsteps of Dogecoin and “teleport” higher in the days ahead once the current range breaks.<\/p>\n

Crypto Analyst: Litecoin Is Ready To Teleport Much Like Dogecoin<\/h2>\n

The crypto market is on fire, with coins of all market cap sizes exploding in ROI. Top coins from the last market cycle such as Bitcoin, Ethereum, Dogecoin, Binance Coin, and others have all since set a new all-time high, but for one reason or another, Litecoin has severely lagged behind<\/a>.<\/p>\n

Related Reading | This LTCUSD Fractal Says Time Is Running Out To Accumulate At Low Prices<\/a><\/strong><\/em><\/p>\n

Litecoin, often referred to as digital silver, in the past has led altcoin seasons, but this time it has been trailing behind the coins. But that could soon change,\u00a0according to one crypto analyst<\/a>,\u00a0who says that Litecoin \u2013 like Dogecoin did \u2013 will soon “teleport” higher on the BTC trading pair.<\/p>\n

A boost on the BTC trading pair, will cause the USD value of Litecoin to finally catch up<\/a> to the rest of its crypto industry brethren.<\/p>\n

\"litecoin<\/p>\n

Is Litecoin ready to \"teleport\" much like Dogecoin has? | Source: LTCBTC on TradingView.com<\/a><\/pre>\n
LTC Breakout Against BTC Could End Laggard Phase For Leading Altcoin<\/h2>\n
The chart above shows LTC trading against Bitcoin, stuck in a tightening trading range for the last 300 and then some days. Once this range breaks \u2013 expectedly to the upside \u2013 Litecoin could “teleport” as the trader claims<\/a>.<\/p>\n
Layered behind the LTCBTC price action on the chart above, is the DOGEBTC pair. The two altcoins have almost always followed a very similar path, with each peak and trough matching up shockingly well.<\/p>\n
The one discrepancy? The current market cycle, where Litecoin has been left far behind for too long now, and is ready for an explosive move<\/a>.<\/p>\n
This could all end soon, and if the move ends up similar to what happened with Dogecoin, “teleport” is an appropriate term to define just how quickly the upside unfolds.<\/p>\n
Related Reading | Five Reasons Why Litecoin Is Ready To Shine Once Again<\/a><\/strong><\/em><\/p>\n
When Dogecoin most recently broke out against Bitcoin, the DOGEBTC trading pair saw a one-day climb of nearly 1000%<\/a>. Such a powerful move no doubt retraced significantly, however, the price of DOGE has remained high on the USD pair since.<\/p>\n
A breakout against Bitcoin on the LTCBTC trading pair is exactly what Litecoin needs to get the party started<\/a>. But when exactly will that happen, after 300 days and counting.<\/p>\n
Featured image from Deposit Photos, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Litecoin was among the top performers of the last bull market, but during this market cycle the cryptocurrency that once led altcoin seasons, is now lagging far behind. However, according to one crypto analyst’s take on the LTCBTC chart, the altcoin will be the next to follow in the footsteps of Dogecoin and “teleport” higher in the days ahead once the current range breaks. Crypto Analyst: Litecoin Is Ready To Teleport Much Like Dogecoin The crypto market is on fire, with coins of all market cap sizes exploding in ROI. Top coins from the last market cycle such as Bitcoin, Ethereum, Dogecoin, Binance Coin, and others have all since set a new all-time high, but for one reason or another, Litecoin has severely lagged behind. Related Reading | This LTCUSD Fractal Says Time Is Running Out To Accumulate At Low Prices Litecoin, often referred to as digital silver, in the past has led altcoin seasons, but this time it has been trailing behind the coins. But that could soon change,\u00a0according to one crypto analyst,\u00a0who says that Litecoin \u2013 like Dogecoin did \u2013 will soon “teleport” higher on the BTC trading pair. A boost on the BTC trading pair, will cause the USD value of Litecoin to finally catch up to the rest of its crypto industry brethren. Is Litecoin ready to “teleport” much like Dogecoin has? | Source: LTCBTC on TradingView.com LTC Breakout Against BTC Could End Laggard Phase For Leading Altcoin The chart above shows LTC trading against Bitcoin, stuck in a tightening trading range for the last 300 and then some days. Once this range breaks \u2013 expectedly to the upside \u2013 Litecoin could “teleport” as the trader claims. Layered behind the LTCBTC price action on the chart above, is the DOGEBTC pair. The two altcoins have almost always followed a very similar path, with each peak and trough matching up shockingly well. The one discrepancy? The current market cycle, where Litecoin has been left far behind for too long now, and is ready for an explosive move. This could all end soon, and if the move ends up similar to what happened with Dogecoin, “teleport” is an appropriate term to define just how quickly the upside unfolds. Related Reading | Five Reasons Why Litecoin Is Ready To Shine Once Again When Dogecoin most recently broke out against Bitcoin, the DOGEBTC trading pair saw a one-day climb of nearly 1000%. Such a powerful move no doubt retraced significantly, however, the price of DOGE has remained high on the USD pair since. A breakout against Bitcoin on the LTCBTC trading pair is exactly what Litecoin needs to get the party started. But when exactly will that happen, after 300 days and counting. Featured image from Deposit Photos, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":458322,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16897],"tags":[428,1119,1144,78790,6664,1785,1788,7,79599,10,2828,2831,67259,79510,4524,76835],"class_list":["post-458321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-doge","tag-dogebtc","tag-dogecoin","tag-dogeusd","tag-litecoin","tag-ltc","tag-ltcusd","tag-ltcbtc","tag-ltcusdt","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nWhy Litecoin Is The Next Crypto To \u201cTeleport\u201d Like Dogecoin<\/title>\n<meta name=\"description\" content=\"Litecoin was among the top performers of the last bull market, but during this market 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As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Why Litecoin Is The Next Crypto To \u201cTeleport\u201d Like Dogecoin","url":"http:\/\/wncen.com\/news\/litecoin\/why-litecoin-next-crypto-dogecoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/litecoin\/why-litecoin-next-crypto-dogecoin\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/03\/litecoin-teleport-DOGE-crypto-Depositphotos_216217090_xl-2015-scaled.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/03\/litecoin-teleport-DOGE-crypto-Depositphotos_216217090_xl-2015-scaled.jpeg?fit=2560%2C1573"},"articleSection":"Litecoin","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","doge","doge\/btc","dogecoin","dogeusd","litecoin","ltc","ltc\/usd","ltcbtc","ltcusdt","xbt","xbtusd"],"dateCreated":"2021-03-09T20:00:34Z","datePublished":"2021-03-09T20:00:34Z","dateModified":"2024-06-11T14:13:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Why Litecoin Is The Next Crypto To \\u201cTeleport\\u201d Like Dogecoin\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/litecoin\\\/why-litecoin-next-crypto-dogecoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/litecoin\\\/why-litecoin-next-crypto-dogecoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/litecoin-teleport-DOGE-crypto-Depositphotos_216217090_xl-2015-scaled.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/litecoin-teleport-DOGE-crypto-Depositphotos_216217090_xl-2015-scaled.jpeg?fit=2560%2C1573\"},\"articleSection\":\"Litecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"doge\",\"doge\\\/btc\",\"dogecoin\",\"dogeusd\",\"litecoin\",\"ltc\",\"ltc\\\/usd\",\"ltcbtc\",\"ltcusdt\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2021-03-09T20:00:34Z\",\"datePublished\":\"2021-03-09T20:00:34Z\",\"dateModified\":\"2024-06-11T14:13:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/03\/litecoin-teleport-DOGE-crypto-Depositphotos_216217090_xl-2015-scaled.jpeg?fit=2560%2C1573","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/458321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=458321"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/458321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/458322"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=458321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=458321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=458321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}