Litecoin

Litecoin’s new low and a 7% hike – A classic case of…?

Although it’s not a frontrunner in the market, Litecoin is known for being ever-present at all times. Its significance is drawn from its minimal yet expansive use cases that keep it relevant. To date, investors continue to bank on those use cases for recovering their losses. Litecoin finds a new audience Yesterday, Litecoin became the medium of payment for another major company in Canada. Popular Internet Service Provider Oxio added Litecoin to its list of payment methods for their… Source link

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3 Cryptos that could make its users rich: Parody Coin (PARO), Litecoin (LTC), and Ethereum (ETH)

Popular terms such as blockchains, Bitcoin, and Ethereum, may go over your head and that is ok you do not have to be an expert to embark on investing in crypto. Cryptocurrency is a digital currency that is being used in many different cities around the world, which is currently being used as an alternative form of payment in some countries using encryption algorithms. The use of encryption technologies means that cryptocurrencies can function both as a currency and a virtual accounting… Source link

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Litecoin Macro count suggests $20 and $10 lows – FXStreet

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

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Litecoin [LTC] investors could watch out for these levels in weeks ahead

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Earlier this week, the MimbleWimble upgrade was announced for Litecoin and the price had zero bullish reaction to this news. This is actually a common feature of bearish markets, where fear moves the price and good news barely leaves a trace as it comes and goes. The bearish structure of Litecoin has been in place for nearly eight months now, and the bottom… Source link

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Crypto Tokens with Huge Upside Potential: Binance Coin (BNB), Litecoin (LTC) and Pac-Man Frog

Each cryptocurrency project is powered by a native token that powers its virtual economy. Frequently, a project’s chances are dependent on the success of its native token. One may readily monitor a project’s development by watching its price movement. Top-tier blockchain-based projects such as Binance Coin (BNB) and Litecoin (LTC) have constantly grown in community size and token value, establishing themselves as market leaders in the decentralised… Source link

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Litecoin bulls might get cut trying to catch a falling knife

Litecoin price undergoes a sharp drop from $95 to $75, losing 20% value. LTC price is at risk of losing 70% as the last line of defence is 10$ away from current lows. Expect a perfect storm brewing where both dollar strength and risk-off see a falling knife triggered, with LTC price devaluing $50. Litecoin (LTC) price is trading in the danger zone as price action hangs by a thread at risk of dropping to new lows for the week. LTC price could drop further to $65.08,… Source link

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Litecoin Falls 11% In Rout By Investing.com

© Reuters Litecoin Falls 11% In Rout Investing.com – was trading at $75.100 by 08:43 (12:43 GMT) on the Investing.com Index on Wednesday, down 10.81% on the day. It was the largest one-day percentage loss since May 9. The move downwards pushed Litecoin’s market cap down to $5.464B, or 0.40% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $75.100 to $82.700 in the previous twenty-four hours. Over the past… Source link

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Litecoin [LTC] investors should watch out for these short-term price levels

Litecoin suffered a major blow to its price action in the last five days courtesy of a massive FUD-induced sell-off. It dropped as low as $74 for the first time since December 2020, but the dip provided a nice discount for those looking to ride the recovery wave. If you are among those who purchased Litecoin near the low of 9 May, you might also be looking to cash out at a healthy level before additional downside. However, we will have to evaluate Litecoin’s price action in order to… Source link

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Litecoin price is on its way to $60

Litecoin price is undergoing a steep sell-off. Litecoin price severely oversold on the RSI. Invalidation of the bearish thesis is a breach at $101.  Litecoin price action spells for more price decline. A $60 price target is probable. Litecoin price aims for $60 Litecoin price is printing a huge bearish engulfing candle on the daily chart. Although an anticipated market reversal is hoped for, LTC price may land at lower targets before the market bottom… Source link

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