Litecoin Has Tremendous Potential and The 25% Ratio
What currencies will be adopted for actual day to day use case? Is Bitcoin the ultimate answer?
It has already been documented that Litecoin is 4x faster and has 4x the supply of Bitcoin. These two metrics support what I can the 25% rule for BTC/LTC.
If one uses the general relationship that LTC should be around 25% value of BTC, that would put LTC at around $1500. My overall thought is that there is not enough general awareness of Litecoin's advantages, but as the awareness grows, it will probably move overnight. This type of quick move is something that is not necessarily predicted by technical analysis (TA).
I too believe Litecoin has a bright future. Bitcoin, Ethereum, and Litecoin are here to stay, and prices will continue to climb as more people join the cryptocurrency space!