Litecoin

Litecoin Litecoin rallied by 3.15% on Tuesday. Partially reversing an 8.43% slump from Monday, Litecoin ended the day at $44.51. It was a mixed start to the day. Litecoin fell to an early morning intraday low $42.77 before making a move. Steering well clear of the first major support level at $40.62, Litecoin rallied to a late intraday high $44.82. Falling short of the first major resistance level at $46.66, Litecoin eased back to wrap up the day at sub-$45 levels. At the time of writing,… Source link

Bitcoin is probably the most well-known crypto, but there are many others out there. Though Bitcoin was invented first, Litecoin and Ethereum came about fairly quickly. Litecoin was created to be better than Bitcoin. Though they are similar, there are some significant differences between the two. It’s essential to know what they are so that you can make an informed investment based on the facts. Bitcoin and Litecoin Compared You probably know that Bitcoin and… Source link

Source: Nau2018 Shutterstock Within the last 24 hours, there was a sudden correction in the crypto market that affected Bitcoin as well as almost all other altcoins. The reasons are many and varied and range from the upcoming US presidential election to the still open CME gap at $9,600. In the last few hours, Bitcoin has plummeted from just under $10,950 to a brief $10,250, marking a correction of more than $700. At the time of writing, the Bitcoin price has stabilized at $10,460, a drop of… Source link

Disclaimer: The following article attempts to analyze the evolving patterns in the Litecoin short-term market and its impact on the price. Like the remaining market, the value of Litecoin [LTC] collapsed once again to early-July levels. The selling pressure emerged when LTC was trading at $47 and fell until $41.64. The coin is currently being traded at $43.92. Litecoin 30-min chart Source: LTC/USD on TradingView According to the above chart, Litecoin’s price had already begun trading lower,… Source link

Outlook for LTC-USD: September 19, 2020 Litecoin (LTC-USD) continues to bear its close correlation with Bitcoin (BTC-USD). The drop in BTC-USD from 12,000 to just above the 10,000 level was followed by a similar move in LTC-USD from $63 to below $48 in August/early September 2020. What is the price outlook for LTC-USD heading into the 4th quarter of 2020? Fundamental Analysis Litecoin is starting to lend its blockchain towards game development. Cipsoft, a German company, has announced plans… Source link

Litecoin Litecoin slid by 2.89% on Sunday. Following on from a 0.14% decline on Saturday, Litecoin ended the week down by 2.28% to $47.09. It was a bearish end to the week. Litecoin fell from an early morning intraday high $48.52 to a late afternoon intraday low $46.20. Litecoin fell through the first major support level at $47.64 and the second major support level at $46.81. Finding late support, Litecoin broke back through the second major support level to wrap up the day at $47 levels. At the… Source link

While Bitcoin briefly spiked to climb to $11,179 on the charts, it had fallen to trade at $10,944, at press time. A rising Bitcoin, accompanied by rising Bitcoin dominance, showed that altcoins were overextended in the month of August and are now either retracing gains made or consolidating for a next move upwards. Litecoin was in a phase of consolidation, while BAT looked likely to slide down south. Further, STEEM formed a bullish pattern but strongly invalidated the pattern as it dipped,… Source link

Litecoin’s price has had to endure a period of consolidation over the past week. On 12 September, the cryptocurrency’s price fell by close to 8 percent from $51 to close to $47 and since then, Litecoin has been struggling to recover its losses. However, while LTC might be gaining some positive momentum, it may note a minor dip over the coming few days before pushing north again. At press time, Litecoin was being traded for $48.2 with a market capitalization of $3.1 billion. At the time,… Source link

Over the past year, many of the market’s altcoins have shown signs of decoupling from the price movement of Bitcoin, the world’s largest cryptocurrency. However, this wasn’t evident when the movement of the crypto-market in the month of September was assessed. In fact, while many of these alts did follow Bitcoin’s lead when BTC fell, most weren’t on the same wavelength when BTC recovered and at press time was being traded at $10,944. Source: CoinStats As a result of the same, many… Source link

Litecoin Litecoin fell by 1.18% on Wednesday. Following a 1.59% decline on Tuesday, Litecoin ended the day at $47.74. A bearish start to the day saw Litecoin fall to an early morning intraday low $47.00 before finding support. Litecoin fell through the first major support level at $47.53 before rebounding to a late afternoon intraday high $48.76. Falling short of the first major resistance level at $49.72, Litecoin fell back to end the day at sub-$48 levels. At the time of writing, Litecoin was… Source link