Litecoin (LTC) Price Could Reach a New High of $500 (LTC) price is surging towards the $500 mark. This looks to be a promising surge for LTC in the crypto market. According to CoinMarketCap data, Litecoin price is surging drastically towards a new high of $500. In fact, Litecoin’s upward surge in price looks somewhat promising in the entire crypto market. About the current Litecoin (LTC) bullish surge, crypto analyst Lark Davis also shared a tweet saying that “Litecoin is finally… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 5th, 2021
Ethereum Ethereum fell by 5.65% on Tuesday. Partially reversing a 16.32% breakout from Monday, Ethereum ended the day at $3,240.01. It was a particularly bearish start to the day. Ethereum fell from an early morning high $3,454.80 to an early morning intraday low $3,166.12. Steering clear of the first major support level at $3,105, Ethereum rallied to an early afternoon intraday high and a new swing hi $3,507.98. Falling short of the first major resistance level at $3,611, Ethereum slid back to… Source link
Read More »Litecoin (LTC) Price Predictions: Where Will LTC Go Next After This Rally?
Litecoin (CCC:LTC-USD) is taking the momentum of the crypto movement this week and translating it to big gains. With its newest surge, it hopes to put its turbulent last few years behind it and look toward reaching new all-time highs. Litecoin (LTC) price predictions are largely optimistic for the coin as well. Source: Shutterstock Litecoin is one of the oldest crypto plays. A fork of Bitcoin (CCC:BTC-USD), Litecoin was created in 2011. It was created with a much faster block… Source link
Read More »Forget Lightning, Litecoin Is About To Strike Twice Against Bitcoin
Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next altcoin to pop like Ethereum, Dogecoin, and the rest of the pack? Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal that could cause lighting in the LTCBTC trading pair to strike for a second time. The Long Running Deviation Between Digital Silver And Gold The digital gold narrative has… Source link
Read More »Ethereum Resumes Rally While Bitcoin Is Muted, Litecoin Surges 15%
Bitcoin price started a recovery wave above the USD 55,500 resistance. BTC cleared the USD 56,000 level, but it is currently (12:00 PM UTC) facing many hurdles. A close above USD 57,000 is needed for a steady increase. Besides, most major altcoins are moving higher. ETH tested the USD 3,250 support before climbing higher. XRP/USD is now trading below USD 1.50 and it might attempt an upside break. Total market capitalization Source: www.tradingview.com Bitcoin price After recovering… Source link
Read More »What is Litecoin and why is the price going up?
LITECOIN launched in 2011 and it’s nearly identical to Bitcoin – with some notable differences. We explain everything you need to know about the cryptocurrency and why the price is going up. 2 Light by name, not by nature: digital currency Litecoin has soared in value recentlyCredit: Getty – Contributor The average number of Litecoin transactions is in the tens of thousands, so you can see that the cryptocurrency has quite the financial footprint. And the rise in crypto investments in… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 4th, 2021
Ethereum Ethereum jumped by 16.32% on Monday. Following on from a 0.11% gain on Sunday, Ethereum ended the day at $3,433.99. It was a particularly bullish the day. Ethereum rallied from an early morning intraday low $2,952.08 to a final hour intraday high and a new swing hi $3,457.75. Steering clear of the major support levels, Ethereum broke through the day’s major resistance levels to wrap up the day at $3,400 levels. At the time of writing, Ethereum was down by 1.81% to $3,371.90. A mixed… Source link
Read More »Litecoin Soars But Approaches Resistance
Litecoin (CRYPTO:LTC) is trading higher Monday but the rally may end soon. It’s getting close to a resistance level. Resistance is a large concentration of sellers gathered at the same price. At resistance levels, there is more supply than demand. That’s why rallies end when they reach them. On April 16, LTC hit resistance at the $310 level and a sell-off followed. If LTC gets to $310 again, there’s a good chance it runs into a wall of sellers once more. This… Source link
Read More »LTC advance may halt near this stiff resistance barrier
Litecoin price rally shows a consolidation in an ascending parallel channel for nearly four months. The supply barrier ranging from $296 to $317 could put an end to the upswing. LTC could retrace 10% if it gets rejected by the area of resistance mentioned above. Litecoin price is approaching a critical level that could decide its trend for the foreseeable future. Litecoin price to run into blockade On the 1-day chart, Litecoin price is traversing an ascending… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 3rd, 2021
Ethereum Ethereum rose by 0.11% on Sunday. Following a 6.20% rally on Saturday, Ethereum ended the week up by 27.13% to $2,952.09. A mixed start to the day saw Ethereum fall to a late morning intraday low $2,855.29 before making a move. Steering clear of the first major support level at $2,819, Ethereum rallied to a late intraday high and a new swing hi $2,986.00. Falling short of the first major resistance level at $3,017, Ethereum eased back to end the day at $2,950 levels. At the time of… Source link
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