
Litecoin rallies in a bull cycle

LTC
Assets covered: Litecoin (LTC)
Metrics used: Daily Active Addresses, Social Volume, Age Consumed, MVRV, Transaction Volume USD, MVRV Long/Short Difference
LTC is usual leader of alt season. Has the time come?
Litecoin is up 67% this month:

If we compare it's price action with BTC, both are quite correlated:

Traders expressing mostly bullish sentiment :

Which is usually a sign of a top.
Concerning signs
Daily Active Addresses:

Social Volume:

Age Consumed:

Litecoin had a big spike in Age Consumed, which has coincided with the end of the rally or the beginning of the consolidation (November 16).
MVRV:

Mean Dollar Invested Age:

Good signs
Transaction Volume in USD:

MVRV Long/Short Difference:

This is more like a looong term metric, working nicely with father Bitcoin. A bull cycle starts each time MVRV L/S crosses zero line moving upwards. LTC is