Polygon (MATIC) And Litecoin (LTC) Suffer After FTX Collapse, While The Hideaways Surges by IndustryTrends December 1, 2022 With the recent FTX collapse, which caused a domino effect that affected BlockFi’s bankruptcy, more and more coins are seeing downturns. Polygon (MATIC) and Litecoin (LTC) are one of them. While these coins appear to stagnate, a new currency has emerged, and all eyes are on it. That coin is The Hideaways, unique project experts predict will be the best investment… Source link

In the wake of the meltdown of crypto exchange FTX, Litecoin (LTC -1.46%) is one of the only top cryptos that is moving higher right now. While Litecoin is up more than 40% during the past 30 days, traditional market stalwarts like Bitcoin and Ethereum are both down about 25% over that same time period. Litecoin is currently trading at about $78, and given its recent trajectory, some traders are already suggesting that Litecoin could hit $100 within a few months. This would imply another… Source link

“As we have seen three attempts this year that eventually failed, we need to wait for bitcoin prices to trade above their 21-week moving average ($20,851) in order to call for a sustainable rally and a cyclical low,” Markus Thielen, head of research and strategy at crypto-services provider Matrixport, said. Source link

Heiken Ashi and traditional candlesticks are constructed using an asset’s open, high, low and close prices for a specific period. Heiken Ashi, however, is an averaged version of traditional candlesticks. Therefore, it helps cut through the noise and facilitates better gauging of trend reversals than traditional candles. Source link

Many cryptocurrencies have come and gone since the debut of Bitcoin in 2009. Yet, one project, Litecoin, has stood the test of time. Litecoin has become a major competitor to bitcoin because it offers similar features such as low transaction fees and decentralization. In this guide we’ll take a look at Litecoin, what it is, how it works and its advantages and disadvantages when compared with Bitcoin. What Is Litecoin? Created by former Google engineer Charlie Lee, Litecoin is one of the… Source link

Monero (XMR) Leaves Holders Disappointed, Orbeon Protocol (ORBN) Prices Up By 260% in Presale by IndustryTrends December 1, 2022 The market is back in crypto winter. Cryptos like Monero (XMR) have seen massive losses due to their lack of utility. Meanwhile, Orbeon Protocol (ORBN) makes it easy for real and virtual startups to raise money, giving investors power so that everyone can take part in venture capital. Orbeon Protocol (ORBN) is expected to rise in presale by more than 6000%. >>BUY… Source link

Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin. A Litecoin Whale Has Taken Out 835.8k LTC From Binance As per data from the crypto transaction tracker service Whale Alert, two large LTC transfers have been spotted on the chain during the past day. The first of these Litecoin transactions involved the movement of 73,794 LTC, worth just under $5.8 million at the time of the… Source link

A popular crypto strategist says Litecoin (LTC), Apecoin (APE) and SushiSwap (SUSHI) appear ready to rally against the bear market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that the three digital assets are the most likely to show upward price action. “Best current coins to long in the short term IMO [in my opinion]: APE, SUSHI, LTC.” Sherpa shifts to Binance Coin (BNB), saying the cryptocurrency issued by the giant global crypto exchange may… Source link

The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%. Total crypto market cap in USD, 4-hour. Source: TradingView Bitcoin (BTC) price also gained a mere 2% on the week, but investors have little to celebrate as the current $16,800 level represents a 64% drop year-to-date…. Source link

Litecoin has once again swung into action recently with the LTC price jumping more than 8.5% in the last 24 hours. As of press time, LTC is trading at a price of $83.14 and a market cap of $5.9 billion. On the technical chart, Litecoin has given a clear accumulation breakout which could further lead to the LTC price surge to $90 and more. #Litecoin Clear accumulation breakout with retest and consolidation above. EMAs are bullish. This thing can push to $90+ pretty quickly once… Source link