This Legacy Crypto has the “Largest Bullish Divergence Ever,” Litecoin is the epitome of what investors describe as a “legacy altcoin” with little utility in the present crypto ecosystem, but still often sees large rises in value due to new entrants to the market buying it due to its established history within the crypto ecosystem. Additionally, the addition of Litecoin to platforms like PayPal may also boost its adoption and utility, which may partially be the catalyst for its recent uptrend. Over the past month, LTC had seen some intense gains, with buyers pushing its price from lows of under $50.00 to highs of nearly $100.00 before it met some serious resistance that slowed its ascent. Despite it being overshadowed by Bitcoin and having limited development activity, it is still a popular asset for traders to use due to its high liquidity. Many believe that the addition of it to PayPal’s suite of supported crypto assets will help usher in a rush of “no-coiner” money into the asset, which may be why its price has risen over the past few days and weeks. One trader is now noting that the cryptocurrency is forming one of the largest bullish divergences he has ever seen while looking towards its Bitcoin trading pair. #litecoin #litecoinmining #litecoinnews #rye #ryewhiskey #bourbon #bourbonwhiskey #whiskey #bourboncrypto #kentucky #drink #datenight #cryptocurrency #xrp #ripple #cryptocrashcourse #whisky #kentuckybourbon #bourbonlivers #cryptolovers #digitalmoney #futuremoney #bourbonandcrypto #own bourbon https://www.instagram.com/p/CIlvDtUMRSf/?igshid=1o1akx7heoi2p
