Litecoin (LTC) is widely acknowledged as one of the most undervalued digital assets in the cryptocurrency space. For many years LTC pricing stayed relatively stagnant, while other coins like Bitcoin and Ethereum would go through rallies and retracements. Those trends are likely shifting now, and the indicators presented above add further evidence.

Network usage is through the roof with an explosion of transactions being done on the LTC-20 standard. Meanwhile Litecoin's halving is less than 90 days away, a historically positive indicator of price growth.

Then there is the performance of LTC compared to Bitcoin and Ethereum, with three separate charts suggesting positive trends. Litecoin has lagged behind Bitcoin and Ethereum in price growth this year, but when the final wave of a bull market arrives, it is often Litecoin that is first to show dramatic uptrends.

Finally, using the Elliott Wave Principle and Hurst Cyclical Theory present an interesting case for an ending expanding diagonal pattern. This suggests that following a history of lagging performance, Litecoin may be due for a wild ride in the near future.

Overall, Litecoin's performance has been on a slower rise relative to other digital assets, but there are many signs that it is undervalued and the potential of major short-term price growth. Network usage is rising, momentum is building, and technical indicators are on the rise, pointing to a bright future for Litecoin investors.



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