Litecoin

The crypto market recently saw the most significant crash in all of 2021, taking Bitcoin, Ethereum, and Litecoin down 50% with it. Even with the steep correction, the top-ranked cryptocurrency and the top-ranked altcoin both were able to stay well above their former all-time highs. Meanwhile, Litecoin never even made a new record high from over the 2017 peak, making the setback much more brutal for LTC holders. However, with the recent selloff, any remaining weak hands have been thoroughly… Source link

Ethereum Ethereum fell by 2.71% on Tuesday. Partially reversing a 13.38% rally from Monday, Ethereum ended the day at $2,634.42. A bullish start to the day saw Ethereum rally to an early morning intraday high $2,748.00 before hitting reverse. Coming up against the 38.2% FIB of $2,740, Ethereum slid to a late afternoon intraday low $2,527.88. Steering clear of the first major support level at $2,415, Ethereum moved back through to $2,600 levels to limit the downside. At the time of writing,… Source link

As the entire cryptocurrency market softens, the price of Litecoin (CCC:LTC-USD) has been dragged through the mud, down from a high of $408.57 reached in mid-May to today’s price of around $181. Can this cryptocurrency get back above $400? Source: Shutterstock The digital coin flirted with $200 in the last few trading sessions of May but has since stumbled backward. Investors interested in cryptocurrencies need to decide if Litecoin’s current slump represents a buying… Source link

The correlation between Litecoin and Bitcoin makes the Litecoin price prediction eerily similar to that of Bitcoin. There is a bearish pennant on the daily chart, which raises the potential of a steeper selloff in the days or weeks to come. The extent of Litecoin’s price recovery periods is consistently getting smaller. Yesterday’s 10% surge did not get Litecoin back to last week’s price levels. The price rejection at the consolidation area of the bearish pennant tallies with… Source link

Ethereum Ethereum rallied by 13.38% on Monday. Following a 4.69% gain on Sunday, Ethereum ended the month down by 2.50% to $2,707.12. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,275.22 before making a move. Steering clear of the first major support level at $2,220, Ethereum rallied to a late intraday high $2,719.49. Ethereum broke through first major resistance level at $2,518 and the second major resistance level at $2,649. While coming up short of the 38.2%… Source link

Ethereum Ethereum rose by 4.69% on Sunday. Reversing a 5.49% loss from Saturday, Ethereum ended the week up by 13.72% to $2,387.66. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,182.2 before making a move. Steering clear of the first major support level at $2,134, Ethereum rallied to a late morning intraday high $2,480.69. Falling short of the first major resistance level at $2,501, Ethereum eased back to sub-$2,400 levels. At the time of writing, Ethereum was… Source link

Litecoin doesn’t get as much attention as more high-profile coins, but does it deliver better returns? Released in 2011, Litecoin was one of the earliest altcoins, which is the term for cryptocurrencies other than Bitcoin. Although it’s similar to Bitcoin technically, it drastically improved transaction times. Litecoin transactions process about four times faster than Bitcoin transactions. Crypto enthusiasts often call Litecoin the silver to Bitcoin’s gold, and that’s certainly true in terms… Source link

Ethereum Ethereum tumbled by 12.07% on Friday. Following a 4.98% decline on Thursday, Ethereum ended the day at $2,413.81. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,762.91 before hitting reverse. Falling short of the first major resistance level at $2,880, Ethereum slid to a late intraday low $2,329.2. Ethereum fell through the 38.2% FIB of $2,740 and the first major support level at $2,720. The extended sell-off also saw Ethereum fall through the second… Source link

Ethereum Ethereum slid by 4.98% on Thursday. Partially reversing a 6.72% gain from Wednesday, Ethereum ended the day at $2,745.51. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,893.96 before hitting reverse. Falling short of the first major resistance level at $2,987, Ethereum fell to an early morning intraday low $2,639.32. Ethereum fell through the 38.2% FIB of $2,740 and the first major support level at $2,720. Finding late morning support, Ethereum revisited… Source link

The Litecoin price has recovered the 100-day moving average. However, the failure to break above $200.00 puts the future of the rally in doubt. Outside of Bitcoin and Ethereum, the losses in altcoins from the highs were remarkably similar. LTC sat perfectly within the range and lost -70% from its $413.40 peak. Again, the 80% rally in the Litecoin price is in line with many of its peers. And finally, like much of the market, LTC has failed to recover its uptrend… Source link