Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes a research report that covers the… Source link
Read More »Litecoin and an Ethereum Rival Outperformed Bitcoin-Based Investment Products in November, According to Crypto Data Firm
Bitcoin (BTC)-based investment products are facing strong competition from altcoin-based products, according to cryptocurrency data company CryptoCompare. The crypto data firm says in a new report that the investment products based on Litecoin (LTC) and smart contract blockchain Solana (SOL) had better returns than those based on BTC over the 30-day period leading to November 19th. “BTC-based investment products were outperformed by Solana & Litecoin-based products, led by… Source link
Read More »Looking into the possibility of Litecoin making big gains, thanks to a growing network
Over the course of the last ten years, many altcoins came and went, while some struggled to carry forward. Litecoin, however, has managed to remain relevant in the market despite the occasional speed breakers and rangebound price action. In fact, LTC rallied over 50% in early November only to succumb to the Bitcoin and larger market sell-offs. With LTC’s trajectory coming to a pause many in the space are worried if the digital silver would make a return in the market or yet again… Source link
Read More »Litecoin LTC and Ripple XRP Slip Toward Support. Will It Hold?
The price action in Ripple has been a lot less volatile than in other cryptocurrencies and in the last two months, it has traded mostly sideways, when most of the main cryptocurrencies have made some large gains. Ripple hasn’t even reached the 2017 highs and that’s due to the fact that the US Securities and Exchange Commission (SEC) opened a legal battle with Ripple last year and Ripple’s CEO Brad Garlinghouse said yesterday that it will likely take until 2022 for the decision to be… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 24th, 2021
Ethereum Ethereum rallied by 6.17% on Tuesday. Reversing a 4.08% loss from Monday, Ethereum ended the day at $4,341.62. A choppy start to the day saw Ethereum fall to a late morning intraday low $4,062.28 before making a move. Steering clear of the first major support level at $3,968, Ethereum rallied to a late intraday high $4,389.95. Ethereum broke through the first major resistance level at $4,267 to wrap up the day at $4,340 levels. At the time of writing, Ethereum was up by 0.01% to… Source link
Read More »Litecoin Looks To Be Bouncing Back After Holding Support – Litecoin – United States Dollar ($LTC)
Litecoin (CRYPTO: LTC) has been cooling off the past week or so after making a large run pushing to over $300. The crypto is pushing higher alongside the rest of the cryptocurrency market Tuesday. Litecoin now looks to be bouncing back up off its previous resistance level. Litecoin was up 3.21% at $215.02 Tuesday afternoon at publication. See Related: Litecoin Is Cooling Off, Where Might Support Be Found? Litecoin Daily Chart Analysis Litecoin recently saw a breakout above… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 23rd, 2021
Ethereum Ethereum slid by 4.08% on Monday. Following a 3.47% loss on Sunday, Ethereum ended the day at $4,089.16. After a choppy start to the day, Ethereum struck an early afternoon intraday high $4,322.86 before hitting reverse. Falling well short of the first major resistance level at $4,380, Ethereum slid to a late intraday low $4,024.45. The extended sell-off saw Ethereum fall through the first major support level at $4,194 and the second major support level at $4,125. Steering clear of… Source link
Read More »Litecoin price primed for 20% upswing as LTC adoption takes off
Litecoin price is hovering just above Monday’s high at $205, suggesting the start of a new uptrend. LHV Pank will allow its customers to trade LTC and other cryptocurrencies. A breakdown of the $172 support level will invalidate the bullish thesis for the altcoin. Litecoin price looks ready to reverse its temporary downtrend as it bounces off a vital demand barrier. A potential spike in buying pressure could kick-start a rally, but LTC needs to surpass one… Source link
Read More »Polkadot, Litecoin & Dogecoin — Asian Wrap 23 Nov
Polkadot price has two powerful Point and Figure patterns in development. As a result, strong movement in the direction of either entry is expected – but the trend favors the long side of the trade. Polkadot price has two trade setups developing on its Point and Figure chart. Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230… Source link
Read More »Litecoin debuts in Estonia’s LHV Pank while LTC price struggles to overcome stiff resistance
Estonia’s first bank, LHV Pank, has announced trading in Litecoin and direct investment in crypto assets. LTC price faces rejection below the $230 hurdle, and it’s demonstrating a bearish trend. Only by overcoming the $230 level can Litecoin rise towards $250. Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230 and $210 despite… Source link
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