Litecoin

Litecoin receives a strong long-term technical score of 86 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, LTC holds a superior long-term technical analysis score than 86% of… Source link

On-chain data shows the Litecoin “mega whales” now hold around 15.4% of the total supply, the highest value in more than five years. Litecoin Addresses With 1 Million Or More LTC Now Hold Highest Supply Share Since June 2017 According to data from analytics firm Santiment, LTC’s mega whales have been busy accumulating during the last five weeks. The indicator of interest here is the “LTC Supply Distribution,” which tells us which wallet groups are carrying what percentage of the… Source link

Last updated 13th Dec 2022 Litecoin is one of the most popular coins available. When you want to buy Litecoin, there are a few different options you can choose from. Paying via debit card is one of the most convenient for users but equally can be expensive if not done carefully and can restrict how much Litecoin you can buy. It’s usually credit and debit cards that incur the highest fees due to their convenience. That’s why we have put together this guide for you to navigate the best way to… Source link

Analytics firm Santiment says crypto whales have spent the most recent portion of the bear market gobbling up the peer-to-peer payments network Litecoin (LTC). Santiment notes that Litecoin addresses that own more than one million LTC are holding their highest level of available LTC supply since June 2017. Those so-called “mega whales” have accumulated 2.95 million LTC worth $219.6 million in just the past five weeks, according to the analytics firm. Source:… Source link

Arman Shirinyan Litecoin might be on verge of long-term reversal thanks to this fundamental signal The digital silver that has been showing impressive performance throughout November might bring investors one more surprise by entering a strong 70% rally thanks to the golden cross, one of the most powerful technical signals on the market. The golden cross is an upward movement of the 50-day moving average that pierces through the 200-day moving average. Usually, that signal shows… Source link

Last updated 13th Dec 2022 Litecoin has long now been one of the most popular coins available to users. When you want to buy Litecoin there are a few different options you can choose from. Paying via credit card is one of the most convenient for users but equally can be expensive if not done carefully. It is worth noting that it’s usually credit and debit cards that incur the highest fees due to their convenience. That’s why we have put together this guide for you to navigate the best way… Source link

CPI report and FOMC interest rate decision expected this week could see BTC and LTC either rally or crash.  Analysts believe that there is more likelihood of a year-end rally for the market based on previous Fed comments.  While the cryptocurrency market has been trading in a consolidation trend, analysts are looking forward to two upcoming market events that could determine a price surge or sharp… Source link

A closely followed crypto analyst says that peer-to-peer payments network Litecoin (LTC) continues to look bullish despite its sideways price action over the last few weeks. In a new video update, pseudonymous crypto trader DonAlt says that Litecoin may just be gearing up for its next leg up against Bitcoin (LTC/BTC). “[LTC] had a strong move to the upside, a little bit of sideways [trading], another strong move to the upside, and honestly two red weeks that are very tiny in… Source link

Litecoin whales with more than one million LTC have added 2.95 million more to their holdings The LTC lifespan remains in excellent condition even though circulation waned According to Santiment, at press time, Litecoin [LTC] whales were unmoved by the rough patch that hit the crypto market. Even though things stand in a bad state, these whales have not ceased accumulating LTC.  The on-chain platform, in a tweet, mentioned that this has been the case since 2017…. Source link

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… Source link