Litecoin

Even though Litecoin may not be one of the topmost cryptocurrencies by market cap, it still holds a lot of value for investors. However, with the active downtrend that interest might begin fading away soon. Litecoin in the dark Litecoin has a significantly higher rate of adoption when compared to most of the other altcoins. However, it is failing as a reliable vehicle of investment at the moment.  Stuck under a downtrend, still, even after seven months, the altcoin could not keep the rally… Source link

Litecoin’s (CRYPTO: LTC) price has decreased 7.89% over the past 24 hours to $147.53, continuing its downward trend over the past week of -4.0%, moving from $154.75 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the… Source link

Hello Pal International, Inc (OTC:HLLPF) has spent the last six trading days consolidating sideways after declining over 54% from its Nov. 16 high of 70 cents. On Dec. 9, Benzinga called out the potential for Hello Pal stock to drop if it broke bearishly through a descending trendline, which had been propping it up since Sept. 20. The travel-based social media app, which offers a cryptocurrency wallet and plans to offer Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC)… Source link

Litecoin receives an average long-term technical score of 34 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

CEO of Galaxy Investment Partners Mike Novogratz questions the technological framework of Litecoin, prefers LUNA and Solana. Mike Novogratz spoke ill of digital currency Litecoin (LTC) in a recent media session, saying it is “not a technology”. The ex-hedge fund manager also said that LTC lacked proper community engagement and had poor technological innovation. Speaking with CNBC’s Joe Kernen, Novogratz said: “It’s strange to me that Litecoin shows up on anyone’s, you know…… Source link

Litecoin (LTC) price is currently on the backfoot as thin volume sparks a slight correction, pushing price action below the monthly S1 support level at $160. With that move, however, LTC has entered a pre-defined zone providing an excellent buying opportunity between $155 and $138. Expect demand to stay persistent in 2022, which should spark a short rally back up to $170. Stellar price heading for $0.32 with bulls in a festive mood Stellar (XLM) price has opened… Source link

The cryptocurrency market is trying to get a rally going as we head into 2022, after being bearish since early November. The decline stalled earlier this month, but cryptos couldn’t find the strength to turn bullish. Although, in the last several days we have seen some increased bullish pressure, especially for certain cryptos such as Cardano, while other cryptos such as Litecoin, Bitcoin (BTC) and Ethereum (ETH) have been finding it hard to resume the uptrend. So, let’s see if how… Source link

Litecoin price dips below the monthly S1 support level. LTC sees bulls accumulating within a historical zone. Expect RSI to indicate further support, making demand persistent in 2022. Litecoin (LTC) price is currently on the backfoot as thin volume sparks a slight correction, pushing price action below the monthly S1 support level at $160. With that move, however, LTC has entered a pre-defined zone providing an excellent buying opportunity between $155 and $138…. Source link