Litecoin

One of the first altcoins, or cryptocurrencies other than Bitcoin, was Litecoin, released in 2011. Although it was technically identical to Bitcoin, it significantly sped up transaction times. Transaction processing times for Litecoin are roughly four times faster than those for Bitcoin. In terms of price, cryptocurrency enthusiasts frequently refer to Litecoin as the silver to Bitcoin’s gold. However, LTC has always been much cheaper than Bitcoin, and some investors have chosen it… Source link

One of the first altcoins, or cryptocurrencies other than Bitcoin, was Litecoin, released in 2011. Although it was technically identical to Bitcoin, it significantly sped up transaction times. Transaction processing times for Litecoin are roughly four times faster than those for Bitcoin. In terms of price, cryptocurrency enthusiasts frequently refer to Litecoin as the silver to Bitcoin’s gold. However, LTC has always been much cheaper than Bitcoin, and some investors have chosen it… Source link

Litecoin price started a fresh decline from the $80 resistance against the US Dollar. LTC is struggling and remains at a risk of more losses towards the $55 support. Litecoin started a fresh decline from the $85 resistance against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There was a break below a key contracting triangle with support near $75.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could continue… Source link

InvestorsObserver gives Litecoin a strong long-term technical score of 87 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. LTC at this time has a… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Litecoin fell into a zone of strong support from the mid-range, bullish order block and a high-volume node This could still fail if Bitcoin stumbles beneath $16.2k in the next couple of days Litecoin [LTC] presented a slightly risky buying opportunity on the price charts. Risk-averse traders should wait for 19 December’s… Source link

Analyst declared Litecoin could face market wipeout, along with two other cryptocurrencies LTC traders opted for unbias as investor sentiment remained negative Leader of the CNBC Investing Club, Jim Cramer, categorized Litecoin [LTC] as one of the cryptocurrencies that might not see the light of another day in the coming years. Appearing at an interview with CNBC’s Squawk Box, Cramer also added Ripple [XRP] and Dogecoin [XRP] to the list that could face an eradication. “I… Source link

Analyst declared Litecoin could face market wipeout, along with two other cryptocurrencies LTC traders opted for unbias as investor sentiment remained negative Leader of the CNBC Investing Club, Jim Cramer, categorized Litecoin [LTC] as one of the cryptocurrencies that might not see the light of another day in the coming years. Appearing at an interview with CNBC’s Squawk Box, Cramer also added Ripple [XRP] and Dogecoin [XRP] to the list that could face an eradication. “I… Source link

The Litecoin price has tanked further over the last 24 hours. On their respective charts, the prices of major altcoins reflect the price action of Bitcoin. As BTC slipped close to 3%, LTC also tanked nearly 8% on the daily chart. Recovery for Litecoin seems far-fetched from what the technical outlook suggests. A rise in Bitcoin’s price may help LTC for a while, but the altcoin’s demand must rise in order for the price to reverse. The short-term price thesis for LTC points towards… Source link

Litecoin has observed a plunge of more than 7% in the last 24 hours, suggesting that the coin’s bullish momentum may have come to an end. Litecoin Drops Hard TodayS But Is Up 20% In The Last Month While the rest of the crypto market was struggling, LTC enjoyed some sharp bullish momentum in the third leg of November, leading some to believe the “pre-halving rally” had begun for the crypto. But the first half of December proved disappointing as the coin mostly consolidated, and now in… Source link

LTC was in a slight uptrend. A bullish BTC would pump it toward $77.12. Litecoin (LTC) briefly fell below $75 after BTC dropped below $17.77K on 15 December. At press time, LTC was trading at $74.95 and appeared poised for an upside move if BTC moves above $17.77K.   The 4-hour chart showed that LTC may have reached its short-term low and was ready for a reversal. Should an uptrend occur, LTC would be facing the main resistance target at $77.12.  LTC is stuck in a… Source link