Litecoin

LTC Could Fall Further From Here

The Litecoin (LTC) price is down for the second consecutive day as the crypto sell-off gains steam. The LTC is trading at $155.76, which is 33% below the highest level on May 20. Other cryptocurrencies like Bitcoin, Ethereum, and Cardano have also dropped while the total market cap of all cryptocurrencies tracked by CoinMarketCap has dropped by more than 10% in the past 24 hours. What happened: Litecoin and Bitcoin have a close relationship in that the two coins were… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 8th, 2021

Ethereum Ethereum fell by 4.37% on Monday. Following a 3.1% gain on Sunday, Ethereum ended the day at $2,592.47. A bullish start to the day saw Ethereum rise to an early afternoon intraday high $2,849.15 before hitting reverse. Ethereum broke through the first major resistance level at $2,766 and the second major resistance level at $2,821. More significantly, Ethereum also broke back through the 38.2% FIB of $2,740 before sliding to a late intraday low $2,575.01. The reversal saw Ethereum fall… Source link

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The hard truth about Litecoin we need to accept

Litecoin is one of the most trusted cryptocurrencies in the industry. The code is a like-for-like copy of Bitcoin, so there wasn’t any argument on that. However, trust doesn’t necessarily mean staying relevant. It is a fact that over the past couple of years, other Altcoins have taken the space and established their stake as a better form of investment. Cardano has risen 10 times in the chart. Chainlink and Polkadot are bringing more functionality and innovation to space, and various… Source link

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Do Litecoin (LTC) and Stellar (XLM) have enough power to grow against the falling Bitcoin (BTC)?

The market is trying to recover the lost positions as all of the top 10 coins have come back to the green zone. Top coins by CoinMarketCap BTC/USD The rate of Bitcoin (BTC) is almost unchanged over the last seven days. BTC/USD chart by TradingView Bitcoin (BTC) keeps trading in a narrow range as neither bulls nor bears have seized the initiative so far in the long-term scenario. However, on the 4H time frame, the selling trading volume has declined, as well as… Source link

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Bitcoin Consolidates, Ethereum Eyes Upside Break, Altcoins Turn Attractive

Bitcoin price is stuck near the USD 36,000 level. BTC is facing many major hurdles near USD 37,500 and USD 38,000. It is currently (12:10 PM UTC) showing a few positive signs, but it must settle above USD 38,000 for a sustained upward move. Besides, most major altcoins are gaining pace. ETH broke the USD 2,800 resistance and the bulls may soon attempt a break above USD 2,850. XRP/USD is consolidating and it might clear the USD 1.0 resistance zone. Total market capitalization Source: Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 7th, 2021

Ethereum Ethereum rose by 3.10% on Sunday. Reversing a 2.28% fall from Saturday, Ethereum ended the week up by 13.54% to $2,710.97. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,615.00 before making a move. Steering clear of the first major support level at $2,516, Ethereum rose to a late morning intraday high $2,745.36. While falling short of the first major resistance level at $2,780, Ethereum tested resistance at the 38.2% FIB of $2,740 before easing back. The… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 5th, 2021

Ethereum Ethereum slid by 5.81% on Friday. Reversing a 5.53% gain from Thursday, Ethereum ended the day at $2,690.68. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,859.89 before hitting reverse. Falling short of the first major resistance level at $2,944, Ethereum slid to a mid-day intraday low $2,555.01. Ethereum fell through the first major support level at $2,717 and the second major support level at $2,576. More significantly, Ethereum also fell through the… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 4th, 2021

Ethereum Ethereum rallied by 5.53% on Thursday. Following a 2.74% gain on Wednesday, Ethereum ended the day at $2,856.68. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,663.02 before making a move. Steering clear of the first major support level at $2,572, Ethereum rallied to a late morning intraday high $2,890.00. Ethereum broke through the 38.2% FIB of $2,740 and the first major resistance level at $2,822 before easing back. A late morning pullback saw Ethereum… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 3rd, 2021

Ethereum Ethereum rose by 2.74% on Wednesday. Reversing a 2.71% fall from Tuesday, Ethereum ended the day at $2,706.64. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,552.28 before making a move. Steering clear of the first major support level at $2,525, Ethereum rallied to a late afternoon intraday high $2,803.00. Ethereum broke through the 38.2% FIB of $2,740 and the first major resistance level at $2,746. A late pullback, however, saw Ethereum fall back through… Source link

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There’s No Reason to Invest in Litecoin, Even During This Dip

Cryptocurrency investors don’t give Litecoin (CCC:LTC-USD) the amount of consideration afforded to other altcoins.  Source: Shutterstock Interestingly, Litecoin was one of the first alternatives to Bitcoin, originating in 2011. And Litecoin isn’t without merit in the world of cryptocurrencies. A great number of cryptos simply struggle to prove any semblance of utility, iterative improvement or anything else which might tempt rational investors.   Litecoin provides… Source link

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