Litecoin

Litecoin has had a brutal “bull market” if you can even call it that for the once popular cryptocurrency built on Bitcoin’s code. However, that all might soon turn around, as a massive bounce is brewing on the LTCBTC trading pair. A reversal on the trading pair could help Litecoin catch up to the rest of the market, which has already set new all-time highs and then some. If and when LTC recovers against BTC, the upside could be swift and violent. Here’s why. How Long It’s Been… Source link

The Litecoin price is in a slow uptrend as the ongoing strength of the cryptocurrencies industry continues. LTC is trading at $210, which is 40% above last week’s low of $150. It has a market cap of more than $14 billion and is the 9th largest crypto project in the world. LTC news: There have been no major Litecoin-related news. Instead, the ongoing rally is mostly because of the $1.9 trillion stimulus package that Joe Biden signed into law yesterday…. Source link

Litecoin price broke out of an ascending triangle pattern on the 4-hour chart. LTC faces only one significant resistance area on the way up. Litecoin bulls are eying up a price target of $265 in the long-term.  Litecoin has been trading in an uptrend for the past two weeks and has finally broken out of a key pattern on the 4-hour chart. LTC bulls face weak resistance ahead of a new 2021-high above $250. Litecoin price on its way to new 2021 highs On the 4-hour… Source link

The Litecoin (LTC) price has been decreasing since it was rejected by the long-term $238 resistance area. Litecoin is currently trading between resistance and support. While technical indicators are leaning bullish, a breakout is required for the bullish trend to be confirmed. Rejection from Long-Term Resistance Litecoin has been decreasing since Feb. 20, when it reached a local high of $248. The rejection holds more importance since it occurred right at the 0.618… Source link

Litecoin suffered another rejection at $200, opening the door to the ongoing retreat. An ascending channel failed to make a breakout at the x-axis, allowing bears to increase their position. Support at the 200 SMA on the 4-hour chart could ignore the bearish narrative in favor of a recovery move. Litecoin has made an appreciable move upward this week, adding to last week’s recovery. However, the uptrend lost energy slightly above $200. LTC suffered another rejection at this level,… Source link

Ethereum Ethereum slid by 4.09% on Wednesday. Reversing a 2.02% gain from Tuesday, Ethereum ended the day at $1,795.37. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,879.00 before hitting reverse. Falling short of the first major resistance level at $1,896, Ethereum fell to an early morning intraday low $1,756.29. The sell-off saw Ethereum fall through the first major support level at $1,824 and the second major support level at $1,776. Finding late morning… Source link

Ethereum rose by 2.02% on Tuesday. Following on from a 6.17% rally on Monday, Ethereum ended the day at $1,871.99. A mixed start to the day saw Ethereum rise to an early morning high $1,859.62 before hitting reverse. Falling short of the major resistance levels, Ethereum fell to a mid-day intraday low $1,800.00 before finding support. Steering clear of the first major support level at $1,718, Ethereum rallied to a final hour intraday high $1,872.26. In spite of the late rally, Ethereum… Source link

Is the digital silver Litecoin likely to be the next altcoin to skyrocket its price and once again reach its February high? Advertisement Well, according to famous FX trader Peter Brandt it is going to happen, the CEO of Factor LLC took to Twitter to put out an analysis of the Litecoin price graph. Barndt notices, the token has completed an inverted head and shoulders pattern, which hints that breakout from the formation will make LTC shoot back up to its previous high in February. … Source link

Ethereum Ethereum rose by 2.02% on Tuesday. Following on from a 6.17% rally on Monday, Ethereum ended the day at $1,871.99. A mixed start to the day saw Ethereum rise to an early morning high $1,859.62 before hitting reverse. Falling short of the major resistance levels, Ethereum fell to a mid-day intraday low $1,800.00 before finding support. Steering clear of the first major support level at $1,718, Ethereum rallied to a final hour intraday high $1,872.26. In spite of the late rally, Ethereum… Source link

Litecoin price ended a 15-day corrective phase with a new buy signal. Volume profile shows a lack of accumulation to start the rally. The first major resistance is the .618 Fibonacci retracement level. Litecoin price suffered a notable correction in late February, taking it down almost 38% from the peak at $247 over the course of 8 trading days. Current price action indicates that the corrective process is complete and more gains can be expected. Litecoin price… Source link