Litecoin

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 27th, 2021

Ethereum Ethereum rose by 6.72% on Wednesday. Following a 2.20% gain on Tuesday, Ethereum ended the day at $2,889.84. A bearish start to the day saw Ethereum fall to an early morning intraday low $2,647.21 before making a move. Steering clear of the first major support level at $2,471, Ethereum rose to a late morning intraday high $2,913.68. Ethereum broke through the 38.2% FIB of $2,740 and the first major resistance level at $2,856. An early afternoon pullback saw Ethereum fall back through the… Source link

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Litecoin May Have a Future, but Avoid It For the Present

With cryptocurrencies continuing their wild ride, investors should stay away from Litecoin (CCC:LTC-USD) for the time being. Source: Wit Olszewski / Shutterstock.com Like all cryptocurrencies, LTC has been experiencing extreme volatility. Between May 9 and 23, Litecoin’s price fell 71%, from a high of $408.57 to a low of $118.66. The digital coin’s price has since rebounded and is today trading at right around $199. On May 26 alone, Litecoin’s price rallied 10% higher. The big… Source link

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Litecoin Has Too Little Upside to Recommend It Right Now

Litecoin (CCC:LTC-USD) is one of the original big cryptocurrencies, founded by Charlie Lee way back in 2011 as a peer-to-peer (P2P) coin. This makes it one of the first real competitors to Bitcoin (CCC:BTC-USD). Indeed, Lee created Litecoin using many of the same ideas as BTC, but designed it to be more efficient and useful in everyday transactions. Bitcoin, as investors have realized, can conversely be quite clunky for small purchases. Source: Wit Olszewski /… Source link

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Litecoin Has Too Little Upside to Recommend It Right Now

Litecoin (CCC:LTC-USD) is one of the original big cryptocurrencies, founded by Charlie Lee way back in 2011 as a peer-to-peer (P2P) coin. This makes it one of the first real competitors to Bitcoin (CCC:BTC-USD). Indeed, Lee created Litecoin using many of the same ideas as BTC, but designed it to be more efficient and useful in everyday transactions. Bitcoin, as investors have realized, can conversely be quite clunky for small purchases. Source: Wit Olszewski /… Source link

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Litecoin Climbs 12% In Rally By Investing.com

Litecoin Climbs 12% In Rally Investing.com – was trading at $201.298 by 05:56 (09:56 GMT) on the Investing.com Index on Wednesday, up 11.73% on the day. It was the largest one-day percentage gain since May 24. The move upwards pushed Litecoin’s market cap up to $13.510B, or 0.77% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $179.817 to $203.898 in the previous twenty-four hours. Over the past seven days,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 26th, 2021

Ethereum Ethereum rose by 2.20% on Tuesday. Following a 26.25% rally from Monday, Ethereum ended the day at $2,707.56. A bullish start to the day saw Ethereum rise to an early morning intraday high $2,768.00 before hitting reverse. While falling short of the first major resistance level at $2,862, Ethereum briefly broke through the 38.2% FIB of S2,740. The reversal saw Ethereum fall back through the 38.2% FIB to a mid-day intraday low $2,383.39. Steering clear of the first major support level at… Source link

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Litecoin Is Worth a Look For Its Long-Term Viability

Litecoin (CCC:LTC-USD) is down nearly 50% from all-time highs it reached earlier in May. However, if you’re a cryptocurrency investor this shouldn’t really be a concern. Source: Shutterstock Expecting to invest in crypto without massive price swings is like getting on a water slide and expecting not to get wet.   In my mind, the question isn’t even so much about whether now is a good time to buy Litecoin. It may have further to drop. After all, as I wrote back in… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 25th, 2021

Ethereum Ethereum surged by 26.25% on Monday. Reversing an 8.58% slide from the previous day, Ethereum ended the day at $2,651.24. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,072.15 before making a move. Steering clear of the first major support level at $1,756, Ethereum rallied to a late intraday high $2,678.25. Ethereum broke through the first major resistance level at $2,412 to wrap up the day at $2,650 levels. At the time of writing, Ethereum was up by 2.67%… Source link

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LTC Bullish Trend Not Yet Confirmed

The Litecoin price has done relatively well in the past few sessions. The LTC price is trading at $178.80, which is 52% above the lowest level last week. It has a market cap of more than $12 billion and is the 13th biggest cryptocurrency in the world. Litecoin news: Litecoin is a digital currency that is used to make transactions. It was developed using the same concepts as Bitcoin. Over the years, the number of people using the currency for transactions has been… Source link

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Why You Should Wait Before Loading the Boat with Litecoin

Amid the devastation within the cryptocurrency sector, many of the popular and more reasonably priced digital assets suffered disproportionately. Litecoin (CCC:LTC-USD), which was once the original altcoin or alternative cryptocurrency to Bitcoin (CCC:BTC-USD), was among the hardest hit of the well-known cryptos. Source: Shutterstock Bitcoin shed more than 14% of market value over the trailing seven days. In contrast, Litecoin fared much worse, dropping 38% in the same comparison…. Source link

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