Litecoin

Blockchain analytics firm Santiment says Litecoin (LTC) is experiencing a strong wave of accumulation from whales, or wallets with at least 1,000 to 100,000 LTC. In a new report, Santiment says that Litecoin whales have increased their holdings by roughly 270,000 LTC, or about $30,000,000 since the beginning of July.   The crypto insights firm also observes that the activity on the Litecoin network is surging despite the grinding bearish price action. “Despite a -13.8% drop in… Source link

Top crypto analyst Nicholas Merten is mapping out bullish scenarios for UNI, the native cryptocurrency of the decentralized exchange Uniswap.   In a new video, Merten tells his 463,000 YouTube subscribers that UNI/Bitcoin is currently bouncing from a key support level. “Uniswap has been generally holding, albeit for a few exceptions where the wicks break a bit lower. Every time we get towards this range [0.0005 Bitcoin (BTC) or $16], buyers come in. Price doesn’t live below… Source link

Litecoin, the silver to Bitcoin’s gold, has seen its own share of ups and downs this year. Not long ago, Litecoin had cemented a position for itself in the market’s top-10. Over the past few weeks, however, its ranking has dropped significantly. In fact, at the time of writing, LTC was ranked 13th on the charts. The alt’s value fell by 6% over the past month and by 43.57% over the last 3 months. Now, it is a known fact that silver tarnishes with time, but is the same happening with Source link

Litecoin whales holding 1k to 100k LTC have increased their holdings by 270k in the month of July Unique addresses on the Litecoin network have also grown by 47.5% in the last 10 days Litecoin’s on-chain metrics are bullish. However, LTC’s fate is tied to Bitcoin’s Litecoin has pushed above a descending triangle that had formed since mid-May The 50-day moving average is Litecoin’s next target if the current bullish momentum is maintained Litecoin whales holding 1k to 100k coins have… Source link

Ethereum Ethereum rallied by 4.99% on Friday. Following a 1.43% gain on Thursday, Ethereum ended the day at $2,125.81. A bullish start to the day saw Ethereum rise to a mid-morning high $2,094.46 before hitting reverse. Ethereum broke through the first major resistance level at $2,065 before falling to a late afternoon intraday low $1,948.68. The reversal saw Ethereum fall through the first major support level at $1,967. Finding late support, however, Ethereum rallied to a late intraday high… Source link

Litecoin price steadies at the 78.6% Fibonacci retracement level after nine consecutive down days. On July 21, LTC records the best day since the May 31 gain of 10%. The digital asset is positioned below the 50-week simple moving average (SMA), forecasting a challenging long-term recovery. Litecoin price recorded nine consecutive down days and an oversold reading on the daily Relative Strength Index (RSI) before the 9.8% gain on July 21. The rebound from the 78.6%… Source link

Ethereum Ethereum jumped by 11.74% on Wednesday. Reversing a 1.76% loss from Tuesday, Ethereum ended the day at $1,996.18. A bearish start to the day saw Ethereum fall to an early morning intraday low $1,754.27 before making a move. Steering clear of the 62% FIB of $1,725 and the first major support level at $1,724, Ethereum rallied to a late intraday high $2,033.16. Ethereum broke through the day’s major resistance levels before easing back to sub-$2,000 levels. The late pullback saw Ethereum… Source link

Litecoin price and other major currencies jumped on news from Tesla’s CEO. Overall risk-on sentiment in the markets is creating a favorable tailwind for cryptocurrencies. LTC is, however, still not able to break out of a bearish technical play. Litecoin price and other cryptocurrencies got a lift from the positiveness that reemerged in markets after the sell-off last Monday. A few tweets from Elon Musk and Jack Dorsey helped to put the spotlight back on… Source link

Litecoin‘s price action has more or less mirrored that of the broader cryptocurrency market in July. However, it is noteworthy that the alt’s margin of loss was way lower than some of the other major alts in the market. Litecoin, after testing its lower long-term support at $109, registered a decent spike (highest in July) in trading volumes on 20 July. However, the trade volumes were still much lower than their May-July levels. Further, the altcoin after oscillating in the oversold… Source link

Ethereum Ethereum fell by 1.76% on Tuesday. Following a 3.86% loss on Monday, Ethereum ended the day at $1,786.46. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,840.79 before hitting reverse. Falling short of the first major resistance level at $1,890, Ethereum slid to an early morning intraday low $1,720.16. Ethereum fell through the first major support level at $1,776 and the second major support level at $1,734. Finding support at the 62% FIB of $1,725,… Source link