Litecoin

He earned the most among the top 65 cryptocurrencies

Silhouette man holding up a gold trophy cup as a winner in a competition Litecoin (LTC) became the top earner of the top 65 cryptocurrencies last week, after growing by over 21.50%, according to CoinMarketCap. Thanks to this, the crypto currency rose to 8th place in the market and managed to surpass Polkadot (DOT). This was a move that came after a very positive week on behalf of cryptocurrencies, including PayPal’s announcement to support cryptocurrencies. Litecoin Becomes Market… Source link

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Bitcoin and Litecoin – Weekly Technical Analysis – October 26th, 2020

Bitcoin Bitcoin rallied by 13.20% in the week ending 25th October. Following on from a 1.18% gain from the week prior, Bitcoin ended the week at $13,037.0. It was a mixed start to the week. Bitcoin fell to a Monday intraweek low $11,417.0 before making a move. Steering clear of the first major support level at $11,173, Bitcoin rallied to a Sunday intraweek high $13,358.0. Bitcoin broke through the week’s major resistance levels to visit $13,000 levels for the first time since July 2019. A… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 26th, 2020

Ethereum Ethereum fell by 1.48% on Sunday. Reversing a 0.74% gain from Saturday, Ethereum ended the week up by 7.37% to $406.46. A bullish start to the day saw Ethereum rise to an early morning intraday high $417.86 before hitting reverse. Ethereum broke through the first major resistance level at $417.25 before sliding to a late afternoon intraday low $402.92. Falling through the first major support level at $407.65, Ethereum found support to wrap up the day at $406 levels. The second major… Source link

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LTC ready to shoot above $60 as network usage skyrocketing

LTC/USD has settled above a significant technical barrier. On-chain metrics imply that the price is positioned for further growth. Litecoin (LTC) is the 8th largest digital asset with a current market capitalization of $3.8 billion and an average daily trading volume of $3.7 billion. The coin has gained over 23% in the last seven days, becoming the best-performing cryptocurrency out of top-10 on a week-on-week basis, The coin topped at $59.9 on October 25 before… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020

Ethereum Ethereum fell by 1.23% on Friday. Partially reversing a 5.96% rally from Thursday, Ethereum ended the day at $409.52. It was a mixed start to the day. Ethereum rose to a late morning intraday high $419.48 before hitting reverse. Falling short of the first major resistance level at $427.00, Ethereum slid to a late afternoon intraday low $401.51. Steering clear of the first major support level at $396.86, Ethereum recovered to $410 levels before easing back. At the time of writing,… Source link

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LTC pullback to $50 seems imminent before breaking out

PayPal’s support for Litecoin triggered the recent upward price action. LTC/USD loses steam towards $60 as investors sell the news; correction to $50 is likely. Litecoin traded within a whisker of $70 in August following a remarkable recovery from March’s crash. However, the cryptoasset resumed the downtrend within a descending parallel channel. For more than two months, LTC/USD sustained nursed wounds but was treated to occasional pull-ups. September’s support,… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2020

Ethereum Ethereum rallied by 5.96% on Thursday. Following on from a 6.16% gain on Wednesday, Ethereum ended the day at $414.7. It was a bullish day, with Ethereum rallying from an early morning intraday low $391.33 to a late intraday high $421.47. The rally saw Ethereum break through the first major resistance level at $406.75. Coming within range of the second major resistance level at $421.96, however, Ethereum slipped back to sub-$415 levels. At the time of writing, Ethereum was down by 0.34%… Source link

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Litecoin Price Daily Timeframe Indicates Strong Uptrend To $65

Litecoin started a strong upward move from the $41.50 support zone against the US Dollar. The price is now trading nicely above the $50.00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.90 on the daily chart of the LTC/USD pair (data feed from Kraken). The bulls seem to be aiming a larger upward move towards the $60.00 and $65.00 levels. Litecoin price is gaining momentum above… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 22nd, 2020

Ethereum Ethereum rallied by 6.16% on Wednesday. Reversing a 2.82% slide from Tuesday, Ethereum ended the day at $391.53. It was a mixed start to the day. Ethereum fell to an early morning intraday low $368.06 before making a move. Steering clear of the 38.2% FIB first major support level at $361.60, Ethereum jumped to a late intraday high $402.62. Ethereum broke through the first major resistance level at $378.46 and the second major resistance level at $388.11. Falling short of the third major… Source link

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Ethereum, EOS & Litecoin – American Wrap: 10/21/2020

Ethereum (ETH) is changing hands at $381. The second-largest digital asset with the current market capitalization of $17.7 billion has gained over 3% in the last 24 hours and stayed mostly unchanged on a week-to-week basis. Despite the recovery, ETH is still locked in the range. The trading activity has been stable recently, with an average daily trading volume of $13 billion, which is in line with the long-term average figures.  EOS Price Prediction: EOS On The Cusp Of… Source link

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