Litecoin

Ethereum Ethereum fell by 3.64% on Thursday. Reversing a 0.65% gain from Wednesday, Ethereum ended the day at $3,047.21. A mixed start to the day saw Ethereum rise to an early morning intraday high $3,239.69 before hitting reverse. Falling short of the first major resistance level at $3,251, Ethereum fell to a late afternoon intraday low $2,980.00. Ethereum fell through the first major support level at $3,098 and the second major support level at $3,034. Finding late support, however, Ethereum… Source link

After yesterday’s pause, the Litecoin price is higher again this morning. However, there are signs that LTC’s impressive run may take a step back. The recent return to form for the cryptocurrency market has been kind to Litecoin. Since dropping to $103 in July, LTC has gained 64%. However, it remains to be seen whether this bull run can take the Litecoin price even higher. Altcoins are typically highly correlated to both Bitcoin and Ethereum and often much more volatile. This is true… Source link

Crypto analyst Nicholas Merten is bullish on the altcoin market at large. The popular trader tells his 465,000 YouTube subscribers that altcoins have room to regain some dominance after Bitcoin’s big move to a recent high of about $46,500.   “If you are in the belief that we’ve just gone through a mid-cycle correction, which is the belief we hold personally, then it would make sense to expect that altcoins are going to continue climbing higher. Because as you go further and… Source link

Ethereum Ethereum rose by 0.65% on Wednesday. Reversing a 0.64% loss from Tuesday, Ethereum ended the day at $3,162.61. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,122.22 before making a move. Steering clear of the first major support level at $3,050, Ethereum rose to an early afternoon intraday high $3,275.00. Ethereum broke through the first major resistance level at $3,235 before sliding back to end the day at sub-$3,200 levels. At the time of writing,… Source link

Litecoin price releases from the handle on August 7, and the breakout is successfully tested on August 9 with a bullish outside day. Double bottom measured move of 30% harmonizes with the 200-day simple moving average (SMA) at $191.59. LTC shows no signs of a bearish momentum divergence on the intra-day charts. Litecoin price has engineered a 61.78% rally since July 21, and it is approaching the 200-day SMA for the first time since early June. An improved volume… Source link

Ethereum Ethereum fell by 0.64% on Tuesday. Following a 4.92% rally on Monday, Ethereum ended the day at $3,142.09. A mixed start to the day saw Ethereum rise to an early afternoon intraday high $3,235.10 before hitting reverse. Falling short of the first major resistance level at $3,271, Ethereum fell to a late afternoon intraday low $3,051.00. Steering clear of the first major support level at $2,973, however, Ethereum revisited $3,190 levels before easing back. At the time of writing, Ethereum… Source link

There is no guarantee that Litecoin will continue to deliver the blockbuster returns in the future. However, there is a high chance the crypto will continue to rise from its current price. First, with LTC coin trading 60 percent below its all-time high, there is still an incentive to try to buy the dip. Second, LTC coin’s uptake as a payment is expanding. BitPay recently added support for Litecoin, allowing its large network of merchants, which includes Newegg, to accept the altcoin. BitPay… Source link

Ethereum Ethereum rallied by 4.92% on Monday. Reversing a 4.71% slide from Sunday, Ethereum ended the day at $3,162.34. A mixed start to the day saw Ethereum fall to a mid-morning intraday low $2,892.50 before making a move. Ethereum fell through the first major support level before rallying to a late afternoon intraday high $3,190.00. The breakout saw Ethereum break through the first major resistance level at $3,155 before falling back to sub-$3,100 levels. Finding late support, however,… Source link

Litecoin price is hovering just under the 50% Fibonacci retracement level at $171.62. Binance announced a reverse token split of LTC leveraged tokens. A breakdown of the $135.97 support level will invalidate the bullish thesis. Litecoin price is currently experiencing a decreased bullish momentum, which could result in a sideways movement or a pullback. While this retracement is necessary, it will provide buyers an opportunity to book profits and come back stronger.

The entire ecosystem of LTC can be expressed as that of confusion because as of now, it might be losing market credibility. It does not reflect any fundamental development, the asset is yet to break above its 2017 high, and it is 15th in the rankings! Litecoin has definitely dropped down the pecking order but recent data and announcements continue to oppose the prevalent narrative. Litecoin: Sentiment scores still high? Source: sentifi According to a report shared with AMBCrypto, data… Source link