Open Interest in XRP Surges to 800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring Alt Season - CoinDesk
LTC Crypto | USD 102.78 2.04 1.95% |
About 62% of Litecoin's investor base is looking to short. The analysis of the overall investor sentiment regarding Litecoin suggests that many traders are alarmed. The current market sentiment, together with Litecoin's historical and current headlines, can help investors time the market. In addition, many technical investors use Litecoin crypto news signals to limit their universe of possible portfolio assets.
Litecoin |
Open Interest in XRP Surges to 800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring Alt Season CoinDesk
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Litecoin Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Litecoin crypto coin to make a market-neutral strategy. Peer analysis of Litecoin could also be used in its relative valuation, which is a method of valuing Litecoin by comparing valuation metrics with similar companies.
Peers
Litecoin Related Equities
BLZ | BLZ | 6.67 | ||||
DIA | DIA | 4.71 | ||||
STETH | Staked Ether | 3.14 | ||||
TKO | Tokocrypto | 2.63 | ||||
EIGEN | EigenLayer | 1.68 |
Check out Cryptocurrency Center, Litecoin Correlation and Litecoin Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.