Litecoin

Litecoin in distribution phase as bulls prepare for uptrend to resume in 2022

Litecoin sees price hovering below the monthly S1 support. LTC bulls are actively buying in a range that holds historical importance. Expect a bullish breakout in the coming days once market turmoil fades. Litecoin (LTC) is seeing an attempt to break above S1 monthly resistance being rejected. That said, Bulls are still actively buying in the red zone, preparing for another bullish breakout attempt. Given built-in momentum, for now, only global market sentiment is… Source link

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Avalanche, Litecoin, Stellar Price Analysis: 18 December

While the top altcoin was up by nearly 4.4% in 24 hours, Litecoin and Stellar marked similar daily gains on their charts at press time.  Avalanche continued its rally after seemingly leading the recovery phase. Avalanche (AVAX) TradingView, AVAX/USDT AVAX became one of the few cryptos that witnessed a soaring week. The crypto registered a staggering 42.1% seven-day ROI. Although it invalidated its long-term bullish trendline (since July), it bounced back the 61.8% golden Fibonacci

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Is Litecoin (LTC) a Good Investment Friday?

Litecoin achieves a low 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 a low… Source link

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These developments bring hope of recovery rally for Litecoin investors

Litecoin cemented itself as one of the major crypto assets in the world. Especially by placing itself in the top 20 spots. But there are still some doubts when it comes to a solid rise. Well, maybe it could be coming soon. There is hope for Litecoin  As an asset, Litecoin is not in the best place right now. All indicators are pointing in the negative direction presently. At the same time, their indications are actually leading towards a positive recovery. Even though SAR is still… Source link

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Is Litecoin In Trouble? – Litecoin – United States Dollar ($LTC)

Litecoin (CRYPTO: LTC) shares are trading slightly lower Thursday as the cryptocurrency market is seeing a relatively flat day. Litecoin looks to have fallen below a key support level and could be beginning a downtrend if unable to cross back above the support level. Litecoin was down 1.80% at $151.28 Thursday afternoon at publication. See Related: Why The Dogecoin, Litecoin Downturn Could Slam This Penny Stock Crypto Miner Litecoin Daily Chart Analysis The crypto looked to… Source link

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2 Top Cryptocurrencies to Buy Now and Hold for the Long Term

Bitcoin and Ethereum are the most valuable cryptocurrencies by a wide margin, collectively worth $1.4 trillion. That means they account for 62% of the entire cryptocurrency market, and that popularity hasn’t escaped the notice of institutional investors. In fact, Bitcoin and Ethereum are the most popular digital assets traded by cryptocurrency hedge funds according to a recent study from PricewaterhouseCoopers. Both assets still look like worthwhile… Source link

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Avalanche, Litecoin, NEM Price Analysis: 16 December

While Avalanche defied the broader market tendencies by noting soaring gains, Litecoin and NEM refrained from stepping down from the bearish bandwagon. The latter two cryptos formed reversal patterns on their 4-hour chart while flashing mixed near-term signals.  Avalanche (AVAX) Source: TradingView, AVAX/USDT AVAX persistently slackened after striking its ATH on 21 November. As a result, the price action saw an up-channel breakdown and formed a bearish flag. This fall also invalidated its… Source link

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Litecoin (LTC) is currently the only other cryptocurrency accepted by ATMs in El Salvador

El Salvador has become the first government to accept Bitcoin as legal tender, sparking debate in the country and throughout the world about the benefits and risks of cryptocurrencies. Image Source: Tokens24 According to Litecoin Magazine, who referenced a video, “Did you know that when El Salvador adopted Bitcoin as legal tender, they also accepted one other coin?” Litecoin (LTC) is currently the only other cryptocurrency accepted by ATMs in El Salvador. Is this correct? For, LTC has… Source link

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Litecoin Crypto Facing Strong Support Indicators – Will LTC Reverse at $140 or $100?

Cryptocurrencies continue declining for several months now, as the crypto market has been engulfed by a bearish sentiment that is not ending. Profit-taking started this retreat in November, after the strong rally in October, so now it seems like the market is on one of those bearish periods before the bullish trend resumes again. Litecoin and Polkadot have been declining for several weeks, but now are facing moving averages that might act as support, so let’s see if they are showing any… Source link

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Litecoin Price Predictions: Where Will LTC Go After a ‘Crypto Winter’?

It seems prophecies of a crypto winter have been fulfilled, as Bitcoin (CCC:BTC-USD) has lost 17% of its value since December kicked off. Altcoins have not been immune to the damage either, as Litecoin (CCC:LTC-USD) has declined by 30% during the same period. The first half of November was good for Litecoin, though, after it rallied higher by as much as 40% to as high as $279. Since then, all of those gains have been erased, and Litecoin is now trading at a two-month low of $145. As… Source link

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