The impending Litecoin thermal paradox: why the effects of halving are controversial and technical indicators remain positive

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Das drohende Litecoin-Halbierungsparadoxon Fragen Sie den durchschnittlichen Bitcoiner und er wird Ihnen dasselbe sagen: „Warten Sie, bis nach der Halbierung.“ Nach zahlreichen wiederholten Mustern sind die meisten davon überzeugt, dass allein die Halbierung des BTC die Zinssätze steuert. Für Litecoin hingegen gilt das sogenannte „sell the news“-Event, bei dem der Kurs seinen Höhepunkt erreicht, bevor die Halbierung stattfindet und danach nur noch langsam voranschreitet. Die Halbierung von LTC hat jedoch die gleichen Mechanismen zur Verringerung des Angebots, wird jedoch als völlig wirkungslos abgetan. Dies führt zu einem paradoxen Zustand, bei dem entweder die Halbierung eine Wirkung hat oder nicht. Es …
The impending litecoin thermal paradox ask the average bitcoiner and he will tell you the same: "Wait until after halving." After numerous repeated patterns, most are convinced that the halving of the BTC alone controls interest rates. For Litecoin, on the other hand, the so-called "Sell the News" event applies, in which the course reaches its peak before the halving takes place and then only progresses slowly. However, the halving of LTC has the same mechanisms to reduce the offer, but is dismissed as completely ineffective. This leads to a paradoxical state in which either halving has an effect or not. It ... (Symbolbild/KNAT)

The impending Litecoin thermal paradox

Ask the average bitcoiner and he will tell you the same thing: "Wait until halving." After numerous repeated patterns, most are convinced that the halving of the BTC alone controls interest rates.

For Litecoin, on the other hand, the so-called “Sell the News” event applies, in which the course reaches its peak before the halving takes place and then only progresses slowly. However, the halving of LTC has the same mechanisms to reduce the offer, but is dismissed as completely ineffective.

This leads to a paradoxical state in which either halving has an effect or not. It is quite possible that the price habits associated with every halving are only an actual correlation, but not the cause. There could be a situation in which Litecoin hardly moves after his own halving and Bitcoin reached its climax shortly before his halving, which is hardly possible. There are also a variety of technical indicators that support this.

Why LTC technician tell a completely different story

The trend continues because the monthly LTCUSD stochastic value has reached the highest level since 2017 and has an increase of over 8,000%. After he had reached the overbought area, the stochastics turned over and proposed a bullish movement. There are also other technical indicators such as the LMACD and the district diagram that show an improved dynamic over several months.

litecoin also recaptured the Bollinger band pipelines, which is a positive sign. If it continues to overcome the upper Bollinger band, break through the absolute zero line of the LMACD and reach the overbought area again, LTCUSD could again have a strong increase.

These technical indicators show that Litecoin may face a second upswing. However, it remains to be seen how the market actually develops.

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