Litecoin

Disclaimer: The findings of the following analysis are the sole opinion of the writer and should not be taken as investment advice Litecoin supporters still value it, which is the only reason it is still around. Apart from being considered as the silver to Bitcoin’s gold and having cheaper, faster transactions, it doesn’t seem to be serving much of a purpose. However, considering it has survived the bear market and massive crashes, it seems to be doing something right. Litecoin… Source link

In the past seven days, the Litecoin price has increased by over 60%. It is the best-performing cryptocurrency in the past week, outperforming both Bitcoin and decentralized finance (DeFi) tokens. There are three major reasons why Litecoin has been rallying in tandem with Bitcoin. The reasons are a breakout against BTC, the historical relevance of LTC in previous bull cycles, and the growing certainty around BTC’s price cycle. The 5-day price chart of Litecoin. Source: LTCUSD on… Source link

After Bitcoin (BTC) hits a new all-time-high, Litecoin (LTC) breaks through to the highest price it has seen in over a year. Silver to Gold While Bitcoin (BTC) gets all the big congratulations and handshakes, Litecoin (LTC) has been slowly growing behind the scenes. Originally intended to test out new features that might make the Bitcoin network unstable, Litecoin has been a major also-ran in the world of crypto. Litecoin is the digital silver to bitcoins… Source link

Ethereum Ethereum rose by 1.77% on Friday. Following a 0.86% gain on Thursday, Ethereum ended the day at $654.66. A mixed start to the day saw Ethereum fall to an early morning low $629.59 before making a move. Steering clear of the first major support level at $62.109, Ethereum rallied to a late morning intraday high $664.46. Falling short of $670 levels and the first major resistance level at $671.35, Ethereum fell back to an afternoon low $631.02. Finding late support, however, Ethereum moved… Source link

Bitcoin has broken fresh ground this week, climbing above $20,000 per bitcoin for the first time ever and grabbing global attention again three years after bitcoin’s 2017 boom and subsequent bust. The bitcoin price is up around 30% over the last month, adding to gains of more than 200% since January—and pushing up other top five cryptocurrencies by value ethereum, Ripple’s XRP, and litecoin. Ethereum, Ripple’s XRP, and litecoin, some times known as alt coins, have all soared by more… Source link

Litecoin’s price has traded as high as $112 in the past 24 hours, breaking into the three-digit price level for the first time since the summer of 2019 Litecoin has jumped above $100 for the first time in over a year following this week’s impressive 50% rally. After Bitcoin’s price jumped to a new all-time high (ATH) near $23,800, Litecoin followed suit and is trading higher with an intraday upside of more than 18%. At the time of writing, the LTC price is changing hands around $107,… Source link

The Litecoin (LTC) price has finally broken out from the $85 resistance area, something it had been struggling to do for more than a year. Both the LTC/USD and LTC/BTC pairs should continue moving upwards towards the targets given below. Breakout From Long-Term Resistance The weekly chart shows that LTC has finally moved above the $85 resistance area, something it has struggled to do since July 2019. While it has yet to reach a close above this area, it’s almost… Source link

Litecoin spikes above $100 and even extended the bullish leg past $110 as the crypto bull run catches momentum. A correction seems imminent following the resistance at $110; downside eyes $90 before another majestic recovery. Litecoin has hit highs above $100 for the first time since its halving in 2019. The coin sprung higher to test the seller congestion at $100. In the meantime, a correction seems imminent before LTC makes a gigantic spike to $140. Litecoin… Source link

Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem when BTC goes through bull and bear cycles. As altcoins begin to show signs of newfound momentum, traders are becoming even more confident in the strength of BTC’s trend. Throughout December, altcoins stagnated against Bitcoin,… Source link

Source: Adobe/malosdedos After surpassing USD 20,000 for the first time since December 2017 yesterday, bitcoin (BTC) advanced by another USD 2,000 in less than a day. While BTC dominance increased, the top coin is not the best performer in the top 10 club today. (Updated at 05:56 UTC: two last paragraphs have been added.) At pixel time (04:47 UTC), BTC trades at USD 21,787 after it touched USD 22,000 earlier today. The price is up by more than 12% in a day and 18% in a week. It rallied… Source link