What happened Shares of Ebang International Holdings (NASDAQ:EBON) rose sharply on Thursday after the company announced a new product that will allow users to simultaneously mine two popular cryptocurrencies, Litecoin and Dogecoin. At the close, the stock was up almost 14%. So what You may be familiar with… Source link
Read More »LTC enters new bull rally towards $300
Litecoin price flashes bullish signs on lower and higher time frames hinting at a massive rally. LTC bulls could push prices to retest previous all-time highs. On-chain metrics suggest a strong foundation for the upcoming rally. Litecoin price has seen a continuation of the stellar performance it had in 2020. At the time of writing, the token has witnessed a 100% year-to-date bull run. Due to the recent breakout from a consolidation pattern, LTC looks promising for… Source link
Read More »Ebang International Completes Chip Designing for Simultaneous Litecoin and Dogecoin Mining Nasdaq:EBON
HANGZHOU, China, Feb. 04, 2021 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company has completed the designing of a chip for simultaneous Litecoin (LTC) and Dogecoin (Doge) mining as an addition to our current portfolio of cryptocurrency mining chip designs. The Company believes the new design will allow the Company to construct high performance… Source link
Read More »Ebang International Completes Chip Designing for Simultaneous Litecoin and Dogecoin Mining – Yahoo Finance
TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link
Read More »Litecoin price analysis: LTC set to explode to $250 – CoinJournal
If Litecoin (LTC) charts a price trajectory similar to Ethereum’s, it could climb to $250 within days Litecoin’s crash from highs of $186 to lows of $111 in 48 hours (10—11 January) looked to have dashed bulls’ hopes of a dash towards the $200 level. It also meant LTC lagged as major assets hit new all-time highs. While the coin remains some distance from the all-time peak set in 2017, it’s likely the latest uptrend could see an LTC/USD target of $250. Increased buy pressure around… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 4th, 2021
Ethereum Ethereum jumped by 10.23% on Wednesday. Following on from a 10.12% rally Tuesday, Ethereum ended the day at $1,668.72. A mixed start to the day saw Ethereum slip to an early morning intraday low $1,509.48 before making a move. Steering well clear of the first major support level at $1,400, Ethereum rallied to a late intraday high and a new swing high $1,672.20. Ethereum broke through the first major resistance level at $1,588 and the second major resistance level at $1,663 to end the… Source link
Read More »Litecoin Poised to Retrace Before Entering New Uptrend
Key Takeaways Litecoin spiked over 12% in the past 24 hours before correcting again. The bullish impulse came after LTC breached the $139 resistance level. Now, this cryptocurrency is primed to advance to $187 but may offer sidelined investors an opportunity to get back into the market. Share this article Litecoin seems to be breaking out of a three-week-long consolidation period, but a particular technical indicator points to a correction before it advances further. Litecoin Primed… Source link
Read More »LTC market value primed to double within the next few weeks
Litecoin prepares for a gigantic upswing to its all-time highs at $420. LTC prints a similar long-term technical picture to Ethereum’s on the weekly chart. Holders remain on a buying spree as the MVRV suggests Litecoin is still in the ‘buy zone.’ The majestic uptrend to $420 may fail to materialize if LTC dives under the IOMAP support at $420. Litecoin recently rose above 2020’s high, drawing much closer to $200. However, a barrier at $190 put a halt to… Source link
Read More »Bitcoin Cash and Litecoin Prices Prediction: What Next?
Bitcoin Cash and Litecoin prices are rising today as the momentum in digital currencies continues. The BCH price is trading at $439, up by more than 5.58% in the past 24 hours and 5.5% in the past seven days. On the other hand, the LTC price is trading at $152, up by 3.2% in the past 24 hours. The two have a market cap of more than $8.15 billion and $10 billion, respectively. What happened: In general, the price of major cryptocurrencies has rallied in the… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 3rd, 2021
Ethereum Ethereum jumped by 10.12% on Tuesday. Following on from a 4.62% rally on Monday, Ethereum ended the day at $1,513.67. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,360.27 before making a move. Steering clear of the first major support level at $1,305, Ethereum rallied to a late intraday high and a new swing high $1,549.00. Ethereum broke through the first major resistance level at $1,411 and the second major resistance level at $1,448. Coming up short of… Source link
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