Litecoin

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link

Litecoin made some nice breakout above November highs recently, which we see it as a higher degree wave C or maybe even wave 3 after a completed irregular/expanded flat correction in B/2 on November 9th. Litecoin hasn’t finished its rally yet, it’s still pointing higher within wave C/3, as five-wave cycle of the lower degree looks to be unfinished. So, be aware of further rise at least up to 90 area for wave C, if not even above 100 for wave 3. Don’t forget,… Source link

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LTC’s price shows strength as price bounces off from a weekly low of $50 to trend higher, giving bulls some relief.  LTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors.  LTC’s price rallies high on the daily timeframe as the price moves towards $90 above the 50 and 200 Exponential Moving Averages (EMA) Litecoin (LTC) price has held strong above $60, showing good bullish signs of rallying to… Source link

Litecoin has outperformed all other altcoins in the market gaining more than 37 percent on the weekly chart. The recent LTC price surge comes amid strong whale accumulation since the beginning of November. The cryptocurrency market has shown a strong bounce-back gaining 6.5 percent over the last 24 hours. But one altcoin that’s delivered outstanding returns is Litecoin (LTC). In a surprise move, the LTC price has shot up 27 percent as of press time and is trading at $79.00 with a market cap… Source link

The cryptocurrency market cap saw net inflows of $47.8 billion over the last 24 hours and currently stands at $829.3 billion, up 6.1% over the reporting period. Bitcoin’s market cap grew 5.4% to $318.7 billion from $302.5 billion, and Ethereum’s increased 8.2% to $143.4 billion from $132.6 billion. All of the top 10 cryptocurrencies posted gains over the reporting period. Litecoin re-entered the chart with a 27% increase in value, passing Shiba Inu and ousting TRON from the list…. Source link

Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity.  As things stand, LTC is trading at $78.94, recording gains of over 28% within 24 hours. On the weekly chart, the asset posted a 35% increase in value.  Litecoin 7-day price chart. Source: Finbold

Yuri Molchan Data revealed by Santiment shows what likely drove LTC up 29% Contents LTC regains high last seen in May, here’s what may be behind it LTC growth driven by MoneyGram Santiment data aggregator has spread the word about what was the likely driver of the 29% surge of Litecoin in the past 24 hours LTC regains high last seen in May, here’s what may be behind it According to the analytics team of the company, over the past 14 days, large wallets have been grabbing a massive… Source link

After several days of charting new lows, bitcoin finally bounced off and added over 5% of value on a daily scale. However, most altcoins have outperformed the largest crypto. Massive daily increases are evident from BNB, LTC, and others. Altcoins on the Rise The past several days didn’t go all that well for the cryptocurrency market, but the tides have changed now. Ethereum had dipped from over $1,200 to a multi-week low of under $1,100. Now, though, the second-largest… Source link

The crypto markets have switched to bullish after undergoing a massacre in recent times. The popular crypto faced rejection in its attempt to surpass the pivotal resistance at $73. Meanwhile, the fresh sell-off, which was led by the unfamous FTX collapse, compelled the LTC price to drop below the crucial support levels. However, the latest jump propelled the price higher to reach the initial target beyond $80, slicing through the crucial levels at $75.  Litecoin price diverted from the rest… Source link