Litecoin

Litecoin awoke from a month-long slumber to follow the general sentiment in the market. The price of LTC broke above the $200 resistance, only to drop with the crypto market flash crash. At the time of writing, Litecoin trades at $181 with a 17.31% loss in the daily chart. LTC is on a downtrend in the daily chart. Source: LTCUSDT Tradingview The market seems to be reacting to the events triggered by El Salvador making Bitcoin legal tender. Whales could have used the bullish sentiment to… Source link

Litecoin price is down over -10% since hitting $233. Retracement to the $200 level is likely to test as support. Failure to hold this support level could see a quick return to $180. Litecoin price has significantly increased since the beginning of September, gaining as much as 35.4% from the September 1st, 2021 open. However, LTC price has topped out at $233 and now sees rising selling pressure.  If bulls cannot hold $200 as support, bears will likely gain… Source link

Key Takeaways Litecoin has taken a 13.6% nosedive in the last 36 hours.  Despite the significant losses, LTC looks bullish from an on-chain perspective. Prices could target $290 as long the $200 support level holds. Share this article Volatility has taken over the cryptocurrency market, generating over $8 million in liquidations worth of Litecoin positions across the board over the last 24 hours. Regardless, on-chain metrics show that LTC is well-positioned for higher highs. 

Litecoin price has eased after plummeting earlier in the day. The trend observed in the crypto is comparable to that of the leading cryptocurrency – Bitcoin, and other altcoins. After hitting its highest level since mid-May at $52,985.13, BTC dropped to 51,033.70. Notably, there exists a correlation between Bitcoin price and altcoins. However, even with the significant price swing seen in the crypto market, extreme greed remains the key emotion at play…. Source link

Ethereum Ethereum fell by 0.58% on Monday. Following a 1.66% gain on Sunday, Ethereum ended the day at $3,928.89. A mixed start to the day saw Ethereum rise to a late morning intraday high $3,973.26 before hitting reverse. Falling short of the first major resistance level at $4,011, Ethereum fell to a mid-day intraday low $3,868.00. Coming within range of the first major support level at $3,864, Ethereum briefly revisited $3,970 levels before easing back. At the time of writing, Ethereum was down… Source link

Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry.  This truth was put on display on Sep. 6 when BTC price rose to the $52,000 level and ignited a market-wide rally that lifted the price of small- and large-cap altcoins. When Bitcoin rallies, most of the legacy coins like Litecoin, Bitcoin Cash, XRP and Stellar tend to move in tandem. Now that BTC looks… Source link

Certain altcoins took a bullish turn following Bitcoin and Ethereum’s upward movement. NEO logged an impressive 9.7% appreciation and was close to testing its immediate resistance of $65.71. Litecoin too gained by 6.8% amidst growing institutional interest. It could revisit $232.56 which is a multi-month high for the coin. Solana made minor gains while trading sideways on its charts, although it traded close to its all-time high of $143.77. Litecoin (LTC) LTC/USD, TradingView LTC… Source link

The Litecoin price jumped on Monday as the overall mood of cryptocurrencies improved. The LTC token jumped to $230, which was the highest level since May 14. This price was also about 120% above the lowest level since July 20th.  LTC follows BTC In an interview early this year, Litecoin’s founder, Charlie Lee made the case that Litecoin was the closest rival to Bitcoin. Besides, the two cryptocurrencies use the same technology, with the main difference… Source link

Ethereum Ethereum rose by 1.66% on Sunday. Reversing a 1.33% loss from Saturday, Ethereum ended the week up by 22.49% to $3,952.17. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,835.70 before making a move. Steering clear of the first major support level at $3,825, Ethereum rallied to a late intraday high $3,982.64. Ethereum broke through the first major resistance level at $3,960 before easing back. At the time of writing, Ethereum was down by 0.29% to $3,940.60…. Source link

Institutional interest in Litecoin is on the rise. While it is known as the “silver” to Bitcoin’s gold, that narrative is changing. It looks like Litecoin might be standing independently, since institutions and retail investors alike, are starting to see potential in it.  Grayscale Litecoin Trust (LTCN), after over a month, finally witnessed some gains as LTCN rose by 32.39% today. Grayscale Litecoin Trust (LTCN) rose by 32% today | Source: TradingView – AMBCrypto There are 2… Source link