Despite copying the king of crypto, Litecoin has made a position among the top 14 cryptocurrencies with a market value of $17.28. As of November 2021, Litecoin has a net circulating value of 82%, which comes to around 68,933,033 LTC, and this circulation is increasing with every block solved on its network as a means of mining. LTC has a strong potential to make a fresh all-time high. Litecoin Price Analysis Litecoin breakout indicates a newfound buyer sentiment in this cryptocurrency…. Source link
Read More »Litecoin hits 6-month high as LTC price soars 20% in 24 hours
Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng — Holger Zschaepitz (@Schuldensuehner) November 9, 2021 The 14th-largest digital asset rose by a little over 25% in… Source link
Read More »Litecoin Price Givening Breakout From Long Consolidation, What Next $300? – Cryptocurrency News – The Market Periodical
Litecoin price is escaping from the wide consolidation range of $100 to $235, with a slight increment in the volume activity. The crypto asset trades above vital moving averages of 20, 50, 100, and 200-day lines, with a strong move from lower levels. The pair of LTC/BTC is trading at 0.003629 BTC with an intraday gain of +14.56%, and the ratio of LTC/ETH is CMP at 0.0515 ETH with a 24-hour change +16.58%. Litecoin price at the monthly chart is trading on a bullish note, with higher… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 9th, 2021
Ethereum Ethereum rose by 4.22% on Monday. Following a 2.06% gain on Sunday, Ethereum ended the day at $4,811.9. A mixed start to the day saw Ethereum fall to an early morning intraday low $4,616.50 before making a move. Steering clear of the first major support level at $4,536, Ethereum rallied to a late intraday high and a new ATH $4,825.00. Ethereum broke through the first major resistance level at $4,669 and the second major resistance level at $4,721 to end the day at $4,800 levels. At the… Source link
Read More »Litecoin Price Takes out ‘Walmart high’ as uplift gains momentum
The Litecoin price is starting to notice what’s happening to the cryptocurrency market, which could present an attractive opportunity. Litecoin (LTC) is trading at $244 (+6.85%), +27% so far in November, and +96% year-to-date. LTC’s market cap is currently $16.77 billion, ranking it the 14th-biggest cryptocurrency behind Avalanche (AVAX). The combined value of all cryptocurrencies reached a record $3 trillion this morning, spurring many altcoins to break out on the upside. Luckily for… Source link
Read More »Litecoin price to provide buy opportunity before LTC shoots for $320
Litecoin price looks ready to make a massive move as it flips the $232.94 resistance barrier to support. This move is likely to be accompanied by an explosive 40% ascent to $322.31. A daily close below $189.75 will invalidate the bullish thesis for LTC. Litecoin price has been on a slow uptrend since September 29 but exploded on November 8. This volatile move has breached a crucial barrier and turned it to the bulls’ advantage, suggesting that an upswing is… Source link
Read More »Litecoin, Cardano Price Prediction – LTC in the Bullish Zone, ADA Shows Now Signs of Life
While cryptocurrencies were turning bullish in October, Cardano and Litecoin aren’t showing any particular strength, especially Cardano which was declining the whole month and still continued to do so. The situation in Liteocjn wasn’t s bd but it was missing on the bullish momentum in the crypto market, so let’ shave a look at these two cryptos to see how they have been behaving recently. Litecoin Daily Chart Analysis – Buyers Remain in Control After the weak rally in early August,… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 8th, 2021
Ethereum Ethereum rose by 2.06% on Sunday. Following a 0.98% gain from Saturday, Ethereum ended the week up by 7.62% to $4,617.02. A mixed start to the day saw Ethereum fall to an early morning intraday low $4,506.99 before making a move. Steering clear of the first major support level at $4,390, Ethereum rallied to a late intraday high $4,639.80. Ethereum broke through the first major resistance level at $4,595 to end the day at $4,600 levels. At the time of writing, Ethereum was up by 0.09% to… Source link
Read More »Litecoin Price Analysis: LTC Coin Price Is Ready For A Parabolic Move – Cryptocurrency News – The Market Periodical
LTC coin price is currently observing consolidation in the daily chart and can soon see a breakout to a new high. It has seen a gain of more than 2.4% in the past 24 hours. The technical indicators of Litecoin suggest a strong upside momentum in price. In contrast, LTC/BTC pair is up by more than 1.6% LTC coin price is currently observing a strong bullish trend and can soon see a new high. Litecoin’s price has seen a gain of more than 2% in the previous trading session and is trading… Source link
Read More »Assessing if Litecoin breaching $500-level is a real possibility now
At one point in 2019, Litecoin was ranked 4th on the cryptocurrency charts. However, times have changed over the past couple of years and the silver counterpart to Bitcoin is now all the way down at 16th. A strong legacy coin in terms of market popularity is currently lagging behind the likes of meme tokens that were generated out of thin air. However, there is a tenacity associated with LTC, one which has somehow allowed the digital asset to remain relevant. While the likes of Bitcoin… Source link
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