LTC seems to have found some support on the chart just below the $300 level. The Litecoin price is setting up for a potential run to $339. Litecoin is a first-generation Cryptocurrency and is similar in functionality to Bitcoin. The coin was created by Charlie Lee, ex google engineer and a well-respected figure in the Crypto community. The project aimed to create a faster, cheaper alternative to Bitcoin, allowing for greater adoption. Furthermore,… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 15th, 2021
Ethereum Ethereum rallied by 9.71% on Friday. Reversing a 2.05% loss from Thursday, Ethereum ended the day at $4,080.51. A bearish start to the day saw Ethereum fall to an early morning intraday low $3,695.00 before finding support. Steering clear of the first major support level at $3,482 Ethereum rallied to a late afternoon intraday high $4,177.77. Ethereum broke through the first major resistance level at $4,006 before briefly easing back to sub-$4,000 levels. A bullish end to the day,… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 14th, 2021
Ethereum Ethereum fell by 2.05% on Thursday. Following on from an 8.45% decline on Wednesday, Ethereum ended the day at $3,719.23. A bearish start to the day saw Ethereum slide to an early morning intraday low $3,530.89 before finding support. Ethereum fell through the first major support level at $3,556 before striking an early morning intraday high $4,055.62. Falling well short of the first major resistance level at $4,241, however, Ethereum slid to a late afternoon low $3,545.00. Ethereum fell… Source link
Read More »Dogecoin slumps 20% after Tesla’s bitcoin shock – while other tokens like Ethereum’s ether and litecoin also slide | Currency News | Financial and Business News
Shutterstock Dogecoin and other cryptocurrencies sank on Thursday after Elon Musk suspended bitcoin payments for Tesla cars. The meme-inspired digital asset tumbled 20% to trade around 40 cents. Litecoin fell 14%, while Ripple’s XRP and Ethereum’s ether lost 11% – having each dropped more than 20% from their peaks. Bitcoin dropped as much as 15% on Thursday, prompting a knock-on effect for other digital currencies, as the entire crypto market value wiped off as much as $365 billion at… Source link
Read More »Why ‘it’s only a matter of time’ before Litecoin does this
Corrections over the last 24 hours notwithstanding, Litecoin, the silver to Bitcoin’s gold, has been consolidating its position in investors’ portfolios for quite some time now. After oscillating in the $40 to $60 price bracket for a few months in 2020, Litecoin managed to break its monotonous trend and gradually picked up momentum on the back of Bitcoin and Ethereum’s price performances. At the time of writing, the alt was trading around the $330-mark. Source: Glassnode From… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 13th, 2021
Ethereum Ethereum fell by 8.45% on Wednesday. Reversing a 5.83% gain from Tuesday, Ethereum ended the day at $3,826.55. A mixed start to the day saw Ethereum rise to an early afternoon intraday high and a new swing hi $4,384.43 before hitting reverse. Ethereum broke through the first major resistance level at $4,322 before sliding to a late intraday low $3,700.00. The extended sell-off saw Ethereum fall through the first major support level at $3,899 to end the day at sub-$4,000 for the first… Source link
Read More »LTC could drop lower, but overall structure remains bullish
Litecoin price shows an increase in short-term bearish momentum that has led to a 4% decline. A breakdown of the immediate demand zone extending from $352.16 to $365.26 will result in a 7% drop. Investors can expect buyers to scoop up LTC at a discount, catapulting it upward by 25% to $413. Litecoin price shows a bearish bias that could result in a sell-off to a pivotal support barrier. A bounce from this level seems likely to push LTC to retest its recent swing… Source link
Read More »Litecoin, Binance Coin, and One Untapped Altcoin To Accelerate Significantly, Says Prominent Analyst
Widely-followed crypto trader Kaleo has sky-high expectations for Litecoin (LTC), Binance Coin (BNB), and one untapped altcoin. In a new tweet, Kaleo shows a chart indicating a massive price target for Litecoin at $2,000. “This is why I am buying spot Litecoin every day it’s under $500.” Source: Kaleo/Twitter As for Binance Coin (BNB), Kaleo sees the red-hot exchange token going on an explosive rally to the $1,000 level after it takes out resistance… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 11th, 2021
Ethereum Ethereum rose by 0.54% on Monday. Following on from a 0.29% gain on Sunday, Ethereum ended the day at $3,949.45. A mixed start to the day saw Ethereum fall to an early morning low $3,893.01 before making a move. Steering clear of the first major support level at $3,775, Ethereum rallied to a late afternoon intraday high and a new swing hi $4,213.85. Ethereum broke through the first major resistance level at $4,033 and the second major resistance level at $4,137. Coming up short of $4,300… Source link
Read More »11 Things to Know About Litecoin as LTC Investors Hope for the $400 Mark
Litecoin (CCC:LTC-USD) is on the rise Monday as investors in the cryptocurrency hope it reaches the $400 mark soon. Source: Wit Olszewski / Shutterstock.com Litecoin was trading at around $392 this morning and that positive movement could carry it higher. While it already jumped about $400 yesterday, it didn’t stay above that price. Investors are no doubt hoping they can push it higher again and keep it from falling. Keeping that in mind, we’re taking a look at Litecoin and Source link
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