Litecoin

Litecoin price is gaining momentum above $65.00 against the US Dollar. LTC is likely to continue higher towards the $70.00 and $72.00 resistance levels in the near term. Litecoin remained well bid and surpassed the $65.00 resistance zone against the US Dollar. The price is now trading nicely above the $66.00 level and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $63.00 on the 4-hours chart of the… Source link

Bitcoin Bitcoin rose by 3.00% in the week ending 15th November. Following on from a 12.69% breakout from the week prior, Bitcoin ended the week at $15,965.0. It was a bearish start to the week. Bitcoin fell to a Monday intraweek low $14,841.0 before making a move. Steering clear of the first major support level at $13,842, Bitcoin rallied to a Friday intraweek high and new swing hi $16,481.0. Falling short of the first major resistance level at $16,523, Bitcoin fell back to sub-$16,000 levels. A… Source link

Ethereum Ethereum fell by 2.74% on Sunday. Following on from a 3.35% slide on Saturday, Ethereum ended the week down by 1.33% to $448.58. It was a mixed start to the day. Ethereum rose to an early morning intraday high $463.24 before hitting reverse. Falling short of the first major resistance level at $475.38, Ethereum fell to a late intraday low $439.77. The sell-off saw Ethereum fall through the first major support level at $449.55. Finding late support, Ethereum partially recovered to end… Source link

Litecoin has been widely looked down upon by investors as an inferior version of Bitcoin with few distinguishable differences, little utility, and waning development activities. It is still one of the early cryptocurrencies that have ample liquidity and listings across all the major exchanges. As such, when floods of new investors enter the ecosystem, they tend to throw money into these types of tokens, helping them to rocket higher. One analyst is now noting… Source link

Paypal now allows trading and holding Bitcoin, Ethereum, Litecoin and Bitcoin Cash Yesterday’s high of $66.66 is the highest LTC traded since August A weekly close above $62 could facilitate a new wave of LTC buying Litecoin (LTC) price is trading more than 12% higher this month as the bulls attempt to break the key resistance in the short-term. Fundamental analysis: Paypal’s new crypto update will allow trading of BTC, ETH, BCH and Litecoin in the U.S.  Paypal’s latest… Source link

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s short-term market and its impact on the price The value of the cryptocurrency popularly dubbed “digital silver” received a boost after it climbed from $58 to $66 in a matter of hours. In fact, Litecoin‘s price, for a while, had been moving sideways on the charts, despite Bitcoin’s own rally. However, this trend changed over the past few days. While LTC’s market did face a wave… Source link

Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term. Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance… Source link

The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be reliably used as a barometer of the health of the altcoin space, and if, as a whole, they are exhibiting strength or weakness against BTC…. Source link

PayPal will now let all users in the US buy, sell, and hold cryptocurrencies right from their PayPal account. The news came in an update to a press release from last month announcing that the new functionality was on the way (via TechCrunch). I’m seeing the functionality available in the PayPal app. For me, there’s a banner about the ability to buy cryptocurrency right at the top of the main screen, and if I tap that, I can choose to buy Bitcoin, Ethereum, Bitcoin Cash, and Litecoin…. Source link

The Hourly View for LTC Last Updated November 12, 2020, 02:039 GMT At the moment, LTC’s price is up $0.11 (0.19%) from the hour prior. The hourly chart shows that LTC has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across… Source link