Litecoin

After the FTX crash on November 9, Litecoin’s price began a significant upward price movement. Investors continue to remain in profit. However, a downswing could be on the way. This might not necessarily be the end of the bulls just yet. Although LTC is moving south after registering a 7.1% fall on the daily chart, regarding weekly gains, the Litecoin price has held onto its 16% appreciation. The bears have now entered the market and halted the uptrend. A jump above the immediate… Source link

Litecoin social hike drops, affecting the coin’s performance The price action revealed that LTC was captured in between a price decrease and sustaining its current region Litecoin’s [LTC] sojourn in recent times produced profits, much to the delight of cryptocurrency investors. At press time, its seven-day performance was 23.18%, making it the best-performing crypto out of the top-cap assets. However, Litecoin risked losing its dominance, and investors expecting a… Source link

Litecoin social hike drops, affecting the coin’s performance The price action revealed that LTC was captured in between a price decrease and sustaining its current region Litecoin’s [LTC] sojourn in recent times produced profits, much to the delight of cryptocurrency investors. At press time, its seven-day performance was 23.18%, making it the best-performing crypto out of the top-cap assets. However, Litecoin risked losing its dominance, and investors expecting a… Source link

Litecoin price shows a bearish divergence developing on the daily timeframe, hinting at an incoming sell-off. On-chain metrics reveal that 22% of LTC holders are in profit, further depicting the bearish outlook. A breakdown of the $55.23 level will create a lower low, invalidating the bullish outlook. Litecoin price embarked on an incredible rally after the FTX-induced crash bottomed on November 9. Due to the explosive moves, many investors are in profit. However,… Source link

Litecoin’s price could be rising in advance of its halving in August 2023 – Photo: Shutterstock Litecoin (LTC) made sharp gains in November while most other major cryptocurrencies have been reeling under pressure caused by the FTX crisis. From a low of $47.60 on 9 November 2022, litecoin jumped to a high of $83.66 on 23 November 2022, a 75% gain within a short time. After the sharp rally, litecoin is witnessing profit-booking and has dropped near $74 as of 25 November 2022. One of… Source link

I remember the good old days. The beginning of crypto when people were big fans of Litecoin. Many crypto bulls said that if Bitcoin was gold, then Litecoin was silver. I don’t know if that analogy still stands today given Ethereum and many other cryptos. Nonetheless, Litecoin is defying the crypto crash caused by the crypto FTX black swan event. While Bitcoin, Ethereum and other major cryptos are crashing and now ranging, Litecoin hit 6 month highs! In fact, Litecoin has moved up 43%… Source link

Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from Coingecko. At the time of this writing, the crypto asset is trading at $75.94 after hovering around the $78 region for most of the day. With its recent price dump, the altcoin trimmed its seven-day gains to 20% from a high of 33% this week. Still, LTC’s current performance is impressive as it managed to go up by 33.5% over the last 30… Source link

by IndustryTrends November 25, 2022 Litecoin soars to the moon but will it stay there or plummet down, generating more losses? We are all quite aware that Litecoin’s design is inspired by Bitcoin and it also shares numerous features with the leading cryptocurrency, such as its proof-of-work (PoW) consensus mechanism, halving events, and the hard cap. Litecoin was launched in 2011 as the ‘lite version’ of Bitcoin. It was created to become a testing ground and aid in improving… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.7% to $77.68. InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of… Source link

Litecoin (LTC) – the 13th-ranked cryptocurrency by market capitalization – has seen an increase in the price of 31.75% over the past seven days. Whereas other cryptocurrencies also continue their upward swing by turning green with significant gains indicating a bullish trend. According to the data from CoinMarketcap, other coins with notable gains include XRP, with a 3% gain, Chainlink (LINK), with a 7% gain; and Solana (SOL) with a 10% increase during the past 24 hours. On November 23rd,… Source link