Litecoin

Ethereum Ethereum rose by 5.93% on Thursday. Partially reversing a 7.06% slide from Wednesday, Ethereum ended the day at $2,081.29. A bearish start to the day saw Ethereum fall to an early morning intraday low $1,949.34 before making a move. Steering clear of the first major support level at $1,886, Ethereum rallied to a late intraday high $2,084.54. Coming in range of the first major resistance level at $2,086, Ethereum eased back to end the day at $2,081 levels. At the time of writing, Ethereum… Source link

Popular trader Nicholas Merten says Litecoin (LTC) is poised to significantly outperform Ethereum over the course of the next month. In a new DataDash video, Merten notes that LTC appears to be bottoming out against Ethereum. The trader reveals that he allocated a significant chunk of his portfolio into the Bitcoin fork as he believes it may rise significantly in its ETH pair. “At this range here, Litecoin historically did a 5x against Ethereum… That’s… Source link

Ethereum Ethereum slid by 7.06% on Wednesday. Reversing a 0.26% gain from Tuesday, Ethereum ended the day at $1,964.23. A bullish start to the day saw Ethereum rise to an early morning intraday high $2,128.99 before hitting reverse. Falling short of the first major resistance level at $2,161, Ethereum fell to a mid-day intraday low $1,929.69. The sell-off saw Ethereum fall through the first major support level at $2,056 and the second major support level at $1,998. A choppy 2nd half of the day… Source link

Litecoin price pulling back slightly after nearing February high. Symmetrical triangle continuation pattern remains live. Weekly Relative Strength Index (RSI) no longer overbought. Litecoin price broke above the upper trend line of the symmetrical triangle on April 3 and has followed through this week, with price coming up just short of the February high at $247.00. The mild pullback near the February high is not unusual and should not be a reason to call the end of… Source link

Litecoin price formed a ‘W’ pattern, also known as a double bottom on the 12-hour chart. Several on-chain metrics give LTC the upper hand as there is weak resistance on the way up. LTC must conquer a key resistance level for a potential breakout towards $300. Litecoin (LTC) has been trading in a 12-hour uptrend since March 25 but suffered a 12% correction in the past 24 hours as the entire crypto market plummeted. The digital asset is poised for yet another leg up… Source link

Litecoin has been among the worst performers in the crypto market in 2020 and 2021 thus far, despite the coin’s longevity in the top ten assets by market cap. The coin’s fortunes could soon turn completely around, due to what looks to be a monster-sized move brewing against Bitcoin on the altcoin trading pair. Here’s why technicals suggest that near and mid-term Litecoin should outperform the top cryptocurrency by miles. Litecoin Longevity Helps Altcoin Maintain Top Ten Crypto Cap… Source link

Despite a lack of fundamentals, Litecoin appears headed to new highs as it seeks to complete the break of the symmetrical triangle on the daily chart of the LTC/USD pair.  There are indications that the upcoming direct listing of crypto exchange Coinbase could be the trigger for the renewed upsurge in Litecoin, even as Bitcoin prices to which it is correlated continue to stagnate around $57,000. Litecoin has lagged behind Bitcoin and Ethereum in terms of… Source link

Less than 24 hours after an altcoin rally pushed the market valuation of the entire cryptocurrency market over the $2 trillion mark, a 15% jump this morning has investors rethinking their Litecoin (CCC:LTC-USD) price predictions. Source: Wit Olszewski / Shutterstock.com The surge was led by Bitcoin (CCC:BTC), which has now held its own market cap above $1 trillion for a week. Analysts said as long as the biggest crypto holds above $53,000, it will be able to maintain that market… Source link

Key Takeaways Following a month-long stagnation period, Litecoin seems ready to resume its uptrend. The breakout from a consolidation pattern suggests LTC could rise to $290. Speculation over the upcoming Coinbase IPO listing appears to be influencing this cryptocurrency’s price action. Share this article Litecoin’s lackluster price action may have finally concluded. LTC finally broke through a crucial resistance level that could see its market value rise by nearly 40%.  Litecoin… Source link

Ethereum Ethereum rose by 1.48% on Monday. Following on from a 3.35% gain on Sunday, Ethereum ended the day at $2,106.98. A bullish start to the day saw Ethereum rise to an early morning high $2,085.23 before hitting reverse. Falling short of the first major resistance level at $2,120, Ethereum slid to a mid-morning intraday low $2,003.10. Ethereum fell through the first major support level at $2,007 before striking a late intraday high $2,131.27. The rebound saw Ethereum break through the first… Source link