My Ethereum Technical analysis | Basic Comparison to LTC

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Contrast.....

Although LTC was introduced first to Ethereum, they took to the bulletin around the same time. December of 2017 was a good time as the BTC 19K rush drove all investors to drive top crypto prices up. LTC and Ethereum went up to 400$, instead of staying at 400$ price range like LTC, Ethereum rose all the way past 1K, during the first days of 2018. Throughout 2018 Ethereum slowly came down as the crypto craze got bombarded by the bear loving whales and fake news plus other seller loving news around the world. Throughout 2019 and 2020, Ethereum maintained a ranging price just below 400$ but well above a 100$. It was only during the BTC 40K chase to 60 K now bulletin that the Ethereum saw new all time highs of over 2K.

In the setting of new all time highs of 2K became the new like of resistance. Not much teasing was done to the 2K other than the initial tease of the 2K test then back below 2K. The common support and resistance lines have a range of 400$, making Ethereum bullruns really worth the chase. Unlike the 20$ ranges of litecoin that keep teasing and retracing.

After the 2K line of resistance smash, much retesting was observed which was also very necessary to assure the price will not fall through unexpectedly. This is the one good thing about cryptocurrency that much retesting is done unlike traditional asserts that flow according to the same old expectations of the market under the control of the whales. The whales try to control the crypto markets but these market are decentralised and the numbers are clear and pretty much public. Anyone can access the white papers, smart contracts, as well as find any information needed on any crypto on sites like coingecko , coinmama and others. There's nothing to hide, which makes it so beautiful and unique that it solely depends on supply and demand which is dependent on people's emotions. Both Ethereum and LTC seem to be remaining in the restesing for a while before any major action. The same is observed with BTC and BCH but the price ranges are more bullish than bearing in general as is our entry but we will observe and time upcoming breakouts to the upside!

Ethereum has never really been a favourite especially after the whole gas price rise. Also BTC fees price but they have served as very valuable stores of value because of good and solid price value as well as strong framework and smart contracts. The whole of the world also seem to be noticing ETH and BTC more than other crypto so we will trade Ethereum too but will deal BCH and LTC 😅😂😂😂😂😂😂

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