Litecoin

Litecoin Is a Viable Altcoin That Has a Good Upside Opportunity

Litecoin (CCC:LTC-USD) is one of the oldest cryptocurrencies, launched in 2011, with a focus on peer-to-peer transactions, by computer scientist Charlie Lee. Two years later he went to work at Coinbase (NYSE:COIN) and in late 2017 he sold all his Litecoin. Source: Wit Olszewski / Shutterstock.com This was very controversial at the time, and it cast a pall on the cryptocurrency. But then he left Coinbase and came back to head to Litecoin Foundation. Since then Litecoin has… Source link

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Live Bitcoin, Dogecoin, Ethereum, Litecoin price and news: Elon Musk 'working with Dogecoin' – Birmingham Live

Dogecoin support coming to Coinbase in ‘weeks’ Major cryptocurrency trading platform Coinbase said that it will be adding support for dogecoin in the coming weeks. The announcement came in response to the first question asked during the investor call that followed its debut results after it listed on the stock market earlier this year. Chief executive Brian Armstrong said the company is keen on adding more assets, and that dogecoin would be one of those in the next “six to eight… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 17th, 2021

Ethereum Ethereum fell by 1.71% on Sunday. Following a 10.56% slide from Saturday, Ethereum ended the week down by 8.73% to $3,585.62. A mixed start to the day saw Ethereum rise to a late morning intraday high $3,878.23. Falling short of the first major resistance level at $3,981, Ethereum slid to a late intraday low $3,343.57. The sell-off saw Ethereum fall through the first major support level at $3,475 before a partial recovery to $3,580 levels. At the time of writing, Ethereum was down by… Source link

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Litecoin Price Attempting To Bounce From Support As Traders Eye $339

LTC seems to have found some support on the chart just below the $300 level. The Litecoin price is setting up for a potential run to $339. Litecoin is a first-generation Cryptocurrency and is similar in functionality to Bitcoin. The coin was created by Charlie Lee, ex google engineer and a well-respected figure in the Crypto community. The project aimed to create a faster, cheaper alternative to Bitcoin, allowing for greater adoption. Furthermore,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021

Ethereum Ethereum rallied by 9.71% on Friday. Reversing a 2.05% loss from Thursday, Ethereum ended the day at $4,080.51. A bearish start to the day saw Ethereum fall to an early morning intraday low $3,695.00 before finding support. Steering clear of the first major support level at $3,482 Ethereum rallied to a late afternoon intraday high $4,177.77. Ethereum broke through the first major resistance level at $4,006 before briefly easing back to sub-$4,000 levels. A bullish end to the day,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 14th, 2021

Ethereum Ethereum fell by 2.05% on Thursday. Following on from an 8.45% decline on Wednesday, Ethereum ended the day at $3,719.23. A bearish start to the day saw Ethereum slide to an early morning intraday low $3,530.89 before finding support. Ethereum fell through the first major support level at $3,556 before striking an early morning intraday high $4,055.62. Falling well short of the first major resistance level at $4,241, however, Ethereum slid to a late afternoon low $3,545.00. Ethereum fell… Source link

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Dogecoin slumps 20% after Tesla’s bitcoin shock – while other tokens like Ethereum’s ether and litecoin also slide | Currency News | Financial and Business News

Shutterstock Dogecoin and other cryptocurrencies sank on Thursday after Elon Musk suspended bitcoin payments for Tesla cars. The meme-inspired digital asset tumbled 20% to trade around 40 cents. Litecoin fell 14%, while Ripple’s XRP and Ethereum’s ether lost 11% – having each dropped more than 20% from their peaks. Bitcoin dropped as much as 15% on Thursday, prompting a knock-on effect for other digital currencies, as the entire crypto market value wiped off as much as $365 billion at… Source link

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Why ‘it’s only a matter of time’ before Litecoin does this

Corrections over the last 24 hours notwithstanding, Litecoin, the silver to Bitcoin’s gold, has been consolidating its position in investors’ portfolios for quite some time now. After oscillating in the $40 to $60 price bracket for a few months in 2020, Litecoin managed to break its monotonous trend and gradually picked up momentum on the back of Bitcoin and Ethereum’s price performances. At the time of writing, the alt was trading around the $330-mark. Source: Glassnode From… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 13th, 2021

Ethereum Ethereum fell by 8.45% on Wednesday. Reversing a 5.83% gain from Tuesday, Ethereum ended the day at $3,826.55. A mixed start to the day saw Ethereum rise to an early afternoon intraday high and a new swing hi $4,384.43 before hitting reverse. Ethereum broke through the first major resistance level at $4,322 before sliding to a late intraday low $3,700.00. The extended sell-off saw Ethereum fall through the first major support level at $3,899 to end the day at sub-$4,000 for the first… Source link

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LTC could drop lower, but overall structure remains bullish

Litecoin price shows an increase in short-term bearish momentum that has led to a 4% decline. A breakdown of the immediate demand zone extending from $352.16 to $365.26 will result in a 7% drop. Investors can expect buyers to scoop up LTC at a discount, catapulting it upward by 25% to $413. Litecoin price shows a bearish bias that could result in a sell-off to a pivotal support barrier. A bounce from this level seems likely to push LTC to retest its recent swing… Source link

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