[Daily Discussion] - Wednesday April 21, 2021

I would say as compared to previous years, this year the ratio would not go up as much as before, since eth 2.0 is on the horizon. The cycle high for ltc/btc may have been breached, but the cycle high for ltc/eth is far from being broken. We're now at 0.113, and our most recent high is 0.136, but the cycle high stands at a mighty 0.212. I personally bought in at 0.186 and while I have since reduced my break even price to 0.18, I'm still deep in the red. If you go in now, I'd say that you'd be good, as the current level is somewhere near ATL (0.087), and there is potential for more upside in the future. By how much, I'm not sure, but I'm hoping it will reach at least 0.2.

/r/LitecoinMarkets Thread Parent