Litecoin - Do You Need This Altcoin?

The market looks interesting for trading and investing in long run from TA. But does it look strong from fundamental point of view? Let's discuss it!

When the price broke SMA100, we could use this signal for confirmation of the trend reversal. From that moment the market has been developing the bullish structure. We have higher highs and lows which can be used for drawing an uptrend line and confirmation a new uptrend. We have indicators confirming the upward movement and the bullish trend. Everything looks perfect for Litecoin. The price broke the resistance and the previous swing high - it confirms that the price is going to move higher.

From TA this market looks solid and gives buy signals based on the breakout or possible reversals from the support zone formed by SMA50, SMA100 and the uptrend line. We have good entry levels for buying and a huge space for the uptrend. But does this market have the potential for the growth?
For me, it's not clear now for what we need this altcoin?

As I wrote in the previous posts like BCH, EOS (you can find them in the related ideas) - the bearish period and the great falling pushed me to think, which markets should be in the watch list and which markets should be removed. After 2018 we have to understand that we don't need thousands of shitcoins, even hundreds of altcoins. And if we talk about BTC or ETH, we can explain why we need these coins and markets. But what about LTC?

Please, share your ideas and thoughts about LTC in comments. Let's discuss this market!
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