Litecoin

What Next for BTC and LTC?

The Bitcoin and Litecoin prices have rebounded today as traders focus on the US futures market. The BTC price has jumped by 25% from last week’s low of $42,925 to today’s $54,000. On the other hand, the LTC price has jumped by 30% from last week’s low of $153 to today’s $200. Explaining the current crypto rally Last week, the Litecoin and Bitcoin prices tumbled for three main reasons. First, after more than doubling this year, many investors… Source link

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LTC targets $220 amid growing buying pressure

Litecoin price is bounded inside a symmetrical triangle pattern. New LTC whales have joined the network increasing buying pressure. The digital asset is on the verge of a potential 17% breakout towards $220. Litecoin has been trading inside a tightening range in the past week and whales have continued to accumulate significant sums of LTC. The digital asset is primed for a breakout towards $200. Litecoin price is on the verge of a 17% move to the upside Litecoin… Source link

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Litecoin’s high Grayscale premium and what it means for the price

One of the major headlines circulating over the past couple of weeks was related to Bitcoin’s negative premium on Grayscale. At press time, the premium per market share is still at -3.06% which is why it is even more surprising that Litecoin is currently trading at a massive premium on the platform. Presently, Litecoin holdings per share is $16.26 whereas the market price per share for the same holding is valued at $249. The difference is a massive 1436% premium that investors would need… Source link

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Hello Pal Announces Proposed Transaction to Acquire Interests in Dogecoin/Litecoin Mining Facility and Mining Assets and Private Placement to Raise up to C$5 Million by way of Subscription Receipts

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, March 8, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE:HP) (Frankfurt:27H) (OTC:HLLPF), a provider of international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it has entered into a letter of intent (the “LOI”) with Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire: (a) an… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 8th, 2021

Ethereum Ethereum rose by 4.63% on Sunday. Following an 8.05% rally from Saturday, Ethereum ended the week up by 21.55% to $1,728.22. Relatively range-bound through most of the day, Ethereum fell to an early afternoon intraday low $1,631.07 before making a move. Steering clear of the first major support level at $1,559, Ethereum rallied to a final hour intraday high $1,735.00. Ethereum broke through the first major resistance level at $1,698 to end the week at $1,700 levels. At the time of… Source link

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Litecoin Price Analysis: 07 March

Litecoin Price Analysis: 07 March

The cryptocurrency market has been recovering from the sudden selling pressure it witnessed a few days back. Litecoin [LTC] has been trying to find a stable price level in the market currently, however, there have been recurring sell-offs pushing the coin even lower. At the time of writing, the digital asset was trading at $182.68 with a market capitalization of $12.16 billion. LTC one-hour chart Source: LTCUSD on TradingView The above chart of Ltiecoin highlighted the rise and fall of the… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 6th, 2021

Ethereum Ethereum fell by 0.70% on Friday. Following a 1.83% decline on Thursday, Ethereum ended the day at $1,528.82. A bearish start to the day saw Ethereum slide to a late morning intraday low $1,442.32 before finding support. Ethereum fell through the first major support level at $1,488 and the second major support level at $1,435. Steering clear of sub-$1,400 levels, however, Ethereum bounced back to strike a late intraday $1,551.19. While breaking back through the major support levels,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 5th, 2021

Ethereum Ethereum fell by 1.83% on Thursday. Partially reversing a 5.34% decline from Wednesday, Ethereum ended the day at $1,539.69. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,625.00 before hitting reverse. While falling short of the first major resistance level at $1,658, Ethereum broke through the 23.6% FIB of $1,579. The reversal saw Ethereum slide to a late intraday low $1,504.06. While falling back through the 23.6% FIB, Ethereum avoided the first major… Source link

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LTC’s 70% upswing depends on this key demand barrier

Litecoin price dropped 37% since it got rejected by the ascending parallel channel’s upper trendline on February 20. Now, LTC is undergoing a pullback before it sees a 70% upswing. However, if LTC price manages to slice through $161, a 36% crash can be expected. Litecoin price recently bounced off the $153 level, creating the third lower low for an ascending parallel channel. Due to the recent selling pressure, LTC’s upswing has taken a hit resulting in a small… Source link

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Polkadot futures market flippens Litecoin as its open interest hits $573M

Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months.  The promise that interoperability between blockchains will be a viable solution to the high Ethereum gas fees plaguing the crypto market has made Polkadot’s development of parachains attractive and the number of projects choosing to build on DOT continues to grow alongside it’s popularity as a staking platform. Polkadot parachains… Source link

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