Monthly Archives: May 2021

LTC is at Key Resistance Ahead of NFP

The Litecoin price is holding steady close to its December 2017 high as demand for the digital currency continued rising. LTC has jumped by more than 5% in the past 24 hours and by 35% in the past 7 days. It is now the 10th biggest digital currency. What happened: Litecoin and other select altcoins have jumped recently as demand rises. The recent comments by the Federal Reserve that it won’t raise interest… Source link

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Litecoin price enjoys steady uptrend, but beware of LTC warning signs

Litecoin price closes with a Doji candlestick, indicating an interruption in the trend. Significant Fibonacci level restraining rally from reaching the all-time high. Litecoin price on pace to close with fourth-largest weekly gain since September 2020 low. Litecoin price is currently 20% below 2017 high while trading in an ascending channel since the September 2020 low. Potential exists for LTC to reach the all-time, but the intra-day charts indicate that the boost in… Source link

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Market Wrap: ‘Ethereum Killers’ Pop as ING Report Highlights Ethereum Over Bitcoin

The tokens of the Ethereum blockchain’s competitors are making huge gains Thursday, while ether set a new price record above $3,600.  Bitcoin has less than 10% of gold’s market capitalization but could continue to differentiate itself from the yellow metal and grow its piece of the total market-cap pie. Ether (ETH) trading around $3,483 as of 21:00 UTC (4 p.m. ET). Gaining 0.28% over the previous 24 hours. Ether’s 24-hour range: $3,397-$3,607 (CoinDesk 20) Ethereum Classic (ETC) trading… Source link

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The ethereum co-founder explains why the NFT space has become saturated and why he isn’t interested anymore | Currency News | Financial and Business News

The ethereum co-founder explains why the NFT space has become saturated and why he isn’t interested anymore | Currency News | Financial and Business News

Anthony Di Ionio, co-founder of Ethereum. Photo from Decentral Ethereum co-founder Anthony Di Iorio said he thinks the market for non-fungible tokens has become “saturated” as the space has gained mainstream adoption in 2021. “The NFT market, I think, is figuring itself out right now. I don’t know if the value of it is really showing through yet,” he told CoinDesk TV Thursday. NFTs are digital representations of artwork, sports cards, or other collectibles tied to a blockchain,… Source link

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LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin?

LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin?

Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session. LTC/BTC 1-week candle chart (Binance). Source: TradingView The LTC/BTC exchange rate touched 6,358 sats during the Asia-Pacific trading hours. The pair later corrected to an intraday low of 5,776 sats ahead of the London opening bell as profit-taking sentiment grew near the sessional… Source link

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Cloudbet Opens Dogecoin Casino And Adds Litecoin

First-time players seeking the most engaging experience in Dogecoin and Litecoin betting are eligible for a “much generous” welcome bonus of up to 10,000 Doge or 5 LTC. Dogecoin was started purely as joke fodder, but its 13,000% surge this year has caused crypto and mainstream audiences alike to sit up and take notice. Its more than $80 billion market cap (as of May 5) far exceeds Ford Motor Co. and Twitter. This weekend the self-professed Dogefather, Tesla chief Elon Musk, pushes further… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 6th, 2021

Ethereum Ethereum rallied by 8.96% on Wednesday. Reversing a 5.65% loss from Tuesday, Ethereum ended the day at $3,529.97. It was a mixed start to the day. Ethereum fell to an early morning intraday low $3,207.00 before making a move. Steering clear of the first major support level at $3,093, Ethereum rallied to a late intraday high and a new swing hi $3,550.00. Ethereum broke through the first major resistance level at $3,461 to end the day at $3,500 levels. At the time of writing, Ethereum was… Source link

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LTC eyes 22% advance to test its all-time high

Litecoin price surged 16% over the last 24-hours, indicating an uptick in bullish momentum. A minor retracement to the weekly demand zone extending from $217 to $304 will most likely propel LTC to an all-time high at $420. On-chain metrics hint at increased interest among investors over the last couple of weeks. Litecoin price performance faltered along the way but hasn’t come to a standstill. With its 2018 all-time high only a minor upswing away, investors seem to… Source link

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