Litecoin price has defied gravity in the past few weeks even as other big-cap cryptocurrencies recoil. LTC surged to a high of $85, which was the highest level since May 9 of this year. It has surged by more than than 75% from the lowest level in November and 104% above the lowest level this year. Why is LTC surging? Litecoin price has been in a strong bullish trend in the past few weeks. This rebound has helped push its total market cap to over $6 billion, making it the 12th biggest… Source link

Ether primed for short-term upside. Source: TradingView Ethereum Up 10% in Seven Days The price of Ethereum (or ETH), the token that powers the Ethereum blockchain network, was last up more than 10% in the last seven days. Ahead of the start of Monday’s US session, ETH was last changing hands for just under $1,300 per token, up just over 2.5% in the last 24 hours and probing for a breakout to fresh near-one-month highs and a test… Source link

Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days. LTC’s not-so-bearish symmetrical triangle LTC’s price broke out of what earlier appeared to be a bearish symmetrical triangle. Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to move in the direction of their previous trend.  Litecoin formed a symmetrical triangle pattern… Source link

Bitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. Today’s move comes as prices rose for a second straight day, with momentum now firmly bullish. Ethereum was also in the green to start the week, with the coin hovering near the $1,300 mark. Bitcoin Bitcoin (BTC) surged to a three-week high on Monday, as prices climbed for a second straight session. Following a low of $16,940.90 on Sunday, BTC/USD moved to an intraday peak… Source link

Crypto investors are becoming concerned following the collapse of the renowned crypto exchange platform FTX and the subsequent failure of Binance’s takeover of FTX. Coin prices have plummeted overnight, with well-known coins such as Litecoin (LTC) and Dogecoin (DOGE) among the victims. However, the Snowfall Protocol (SNW) presale has generated so much interest recently, given its successful first round of presale. In fact, the Snowfall Protocol (SNW) team announced a 100% bonus on… Source link

The digital silver to Bitcoin’s digital gold, Litecoin [LTC] went from being one of the most popular assets to a lesser-known crypto in no time. The evolution of the crypto-verse saw the arrival of a plethora of assets. These new cryptocurrencies went on to sideline assets that debuted right after Bitcoin. While LTC’s popularity took a backseat, the asset was clearly making a comeback. Most assets in the market barely garnered gains. Litecoin, however, was seen rising against the… Source link

LTC, AXS, and CRO tokens have been recording impressive price performances on the day Their price surges are coming on the back of bullish ecosystem developments  The crypto market recovery continues with several tokens recording significant price surges. Among these are Litecoin (LTC), Axie Infinity (AXS), and Cronos (CRO) which have all exploded more than 10% in price in the last 24 hours. LTC,… Source link

Arman Shirinyan Digital silver is rallying, but “bullish” metrics might play cruel joke on LTC holders The rally of the digital silver was the last thing the cryptocurrency market could have expected. However, the price of Litecoin has reached $83 in less than a month. All of that happened during the severe pressure on the market that has been crushing the performance of most of the digital assets in the space. Santiment names reason The jump above $83 and the big 8% surge was… Source link

Tim Draper, founder of Draper Associates, onstage at the Web Summit 2022 tech conference. Ben McShane | Sportsfile via Getty Images Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coin by the middle of 2023, even after a bruising year for the cryptocurrency marked by industry failures and sinking prices. Draper previously predicted that bitcoin would top $250,000 by the end of 2022, but in early November, at the Web Summit tech conference in Lisbon, he said it would take until… Source link

Bitcoin and Ether rose in Asian trading on Monday afternoon. Most other top 10 non-stablecoin cryptocurrencies strengthened, led by gains in Litecoin. See related article: Will the next wave of FTX victims be unwitting tax cheats?  Fast facts Bitcoin gained 1.98% over the past 24 hours and was trading at US$17,355 by 4:30 p.m. in Hong Kong, and Ether rose 3.29% to US$1,301, according to CoinMarketCap. Litecoin increased 9.5% to US$83.72, gaining 16.46% in the last seven days. The hashrate of… Source link