Litecoin

The billionaire founder of Galaxy Digital, Mike Novogratz, disrespects Litecoin on CNBC. Speaking with host Joe Kernen, the pair discussed the Fed’s moves concerning the macro landscape going into 2022. On that note, Novogratz spoke of an “amazing [crypto] adoption cycle,” which he thinks will maintain the current price form. “You’re seeing this adoption cycle in such an accelerated way. There’s been $30 billion of venture money coming in.” His overall conclusion, as it relates to… Source link

Litecoin (LTC) gets a bearish rating from InvestorsObserver Sunday. The crypto is down 5.01% to $155.25 while the broader crypto market is down 0.28%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bearish Over the last five days, Litecoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

The past few days marked Cardano’s attempt to alter the broader outlook. But it needed to cross the $1.47-mark on increased volumes to counter its long-term bearish tendencies. While LTC saw a drop from the $167 level, it was yet to confirm a strong uptrend.   Contrarily, NEAR showed no signs of slowing even after poking its ATH on 24 December. Now, the overbought RSI threat lurked around the corner. Cardano (ADA) TradingView, ADA/USDT On the 4-hour chart, ADA saw an ascending… Source link

Bitcoin’s bullish momentum saw Litecoin climb in recent hours as well. On the charts, LTC has posted a 15% rise above the $143 lows to trade at $163.9 at press time, which was impressive. Litecoin bulls still have a long way to go before calls for $200+ can materialize. If bulls manage to establish $163 as an area of demand in the days/weeks to come, the gains of October might once again be achievable. Source: LTC/USDT on TradingView The price action in December saw multiple tests of the… Source link

As Bitcoin registers a 7.19% three-day rise at press time, altcoins like Tron and Litecoin bagged similar gains to flip their 20-SMA’s as immediate support levels. The king coin would need an uninterrupted volume-backed rally to reverse the current sentiment and with it, the overall market trajectory. Contrarily, Terra entered into price discovery and poked its ATH on 22 December. Terra (LUNA) TradingView, LUNA/USDT LUNA witnessed a massive upturn after a down-channel breakout on 14… Source link

Litecoin price has been within a horizontal channel since earlier in the month as fear remains the dominant emotion in the crypto market. The crypto fear & greed index is at 34 in Thursday’s session. Granted, this is an improvement from last week and month’s fear levels of 29 and 33 respectively. However, it is a decline from the previous session’s 45. With the subsequent risk aversion, the altcoin will likely remain in a bear market in the short term.   Litecoin price… Source link

The last two days witnessed a notable recovery for most alts as Ether crossed the $4,000-mark. But the bears were quick to prevent a sustained bullish rally. Accordingly, Litecoin continued its descending triangle while flashing weak near-term technicals.  Avalanche found immediate testing support at the 23.6% Fibonacci level while Algorand struggled to cross the $1.39-mark. Avalanche (AVAX) Source: TradingView, AVAX/USDT AVAX was one of the few cryptos that constantly found higher 

Litecoin Cash achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Litecoin… Source link

A breakdown of the recent Litecoin price action, long-term Technical Analysis, and the current macro backdrop for cryptocurrencies. On Tuesday, Litecoin (LTC) is slightly softer at $150.16 (-2.05$) in early trading. LTC has lost -27% in December, over 50% from the November highs, and 65% below May’s three-year high. Litecoin’s market cap has fallen from $25.9 billion to approximately $10.6 b in the last seven months, currently ranking LTC as the 18th most valuable cryptocurrency. Like… Source link

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has fallen 4.31% to $150.01. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $148.18 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… Source link