Litecoin

What is the best-case scenario for Litecoin’s price action

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Litecoin has done well to recover from a broadening wedge setup on its chart. Following its decline, buyers re-entered the market around the $160-mark and pulled the price up from its weekly lows. The near-term outlook seemed to be bright once again as key indicators underwent some resets. Moreover, the alt could register sharper gains over the next 24 hours if… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 20th, 2021

Ethereum Ethereum rose by 5.58% on Thursday. Following a modest 0.01% gain on Wednesday, Ethereum ended the day at $3,184.21. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,960.00 before making a move. Steering clear of the first major support level at $2,933, Ethereum rose to a late intraday high $3,187.48. Ethereum broke through the first major resistance level at $3,109 to end the day at $3,180 levels. At the time of writing, Ethereum was up by 0.70% to… Source link

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Litecoin may be ‘losing relevancy,’ but here’s why all’s not lost

Litecoin has had a pretty decent and rather unexpected run since 22 July. The altcoin has recorded mostly green candles on its daily chart since then. However, LTC’s northbound movement has been hindered by a downturn, with its price depreciating by over 10% in three days alone. Despite these losses, however, good news seemed to knock on its door in the form of a recent report that polled 42 fintech specialists. The same touched upon what these specialists predict will be the asset’s… Source link

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Litecoin, MATIC, Uniswap Price Analysis: 19 August

Following southbound price movements in the broader crypto-market, the altcoin industry saw a lot of profit-taking. Altcoins such as Litecoin, MATIC, and Uniswap all retreated on their charts by 2.7%, 1.7%, and 2.8%, respectively. LTC traded close to the $161.90 support line while MATIC eyed the $1.28 price floor. Finally, UNI cut below its immediate support level of $26.07. Litecoin [LTC] LTC/USD, TradingView LTC declined by 2.7% over the last 24 hours at it traded at $166.67. The alt was… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 18th, 2021

Ethereum Ethereum fell by 4.31% on Tuesday. Following a 4.97% slide on Monday, Ethereum ended the day at $3,011.01. A mixed start to the day saw Ethereum rise to a midday intraday high $3,293.15 before hitting reverse. Falling short of the first major resistance level at $3,280, Ethereum slid to a late intraday low $2,992.15. Ethereum fell through the first major support level at $3,074 and the second major support level at $3,001. Finding late support, however, Ethereum broke back through the… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 17th, 2021

Ethereum Ethereum fell by 4.97% on Monday. Reversing a 1.36% gain from Sunday, Ethereum ended the day at $3,146.6. A bullish start to the day saw Ethereum rise to an early morning intraday high $3,341.47 before hitting reverse. Falling short of the 23.6% FIB of $3,369 and the first major resistance level at $3,385, Ethereum slid to a late intraday low $3,135.00. Ethereum fell through the first major support level at $3,175 to end the day at sub-$3,150 levels. At the time of writing, Ethereum was… Source link

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Finder’s Expert Panel Suggests Litecoin’s Price to Spike More Than 40%, $266 per LTC by Year’s End – Altcoins Bitcoin News

The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for prices between $175 and $187 over the last three days. Average Prediction Among 42 Fintech Specialists Say Litecoin Will Tap… Source link

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Litecoin price reaches primary target, LTC enters a period of turbulence

Litecoin price closes in on the double bottom measured move price target of $191.00 after a 10.82% rip on August 13. LTC breaks away from the 50-week simple moving average (SMA) and logs the best weekly gain since the beginning of May. A bearish momentum divergence appears on the intra-day timeframes as the Relative Strength Index (RSI) does not confirm Litecoin price highs. Litecoin price had been paralyzed by the 2019 high at $146.00 and the 50-week SMA from the end… Source link

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Litecoin, Ethereum Classic and Polkadot Price Analysis: 16 August

Altcoins Litecoin, Ethereum Classic and Polkadot, all rose on their charts over the last 24 hours, owing to Bitcoin and Ethereum’s northbound movements. LTC held itself above its support region of $175.35 as it logged a 2.5% increase in prices, ETC eyed its immediate resistance of $76.70 as it traded at $75.44. DOT shot up by 8.1% as it recorded a multi-month high. Litecoin (LTC) LTC/USD, TradingView Litecoin climbed up on its chart by 2.5% as it was trading at $188.20. The coin traded… Source link

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The 10 Most Purchased Cryptocurrencies in August 2021

10 cryptocurrencies that have been purchased the most in August. Cryptocurrencies have taken a solid place in the trading market. A lot more people are interested in buying cryptocurrency and Analytics Insight has selected the 10 most purchased cryptocurrencies in August 2021.   Bitcoin Bitcoin is considered the original crypto, and its launch in 2009 is what started the whole cryptocurrency movement. Bitcoin – and the blockchain technology on which it operates – was invented by an… Source link

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