Litecoin

The Litecoin price remained in a consolidation phase on Thursday as investors focused on the ongoing FTX contagion. It was trading at $58.70, which is about 24% above the lowest level this year. LTC/USD and LTC/GBP are about 20% below the highest level this month. Litecoin hashrate slips Litecoin price moved sideways on Thursday as investors reflected on the latest contagion on FTX. For example, crypto exchange Gemini temporarily paused withdrawals on Wednesday as the number of exits… Source link

Litecoin is a decentralized peer-to-peer payment transfer protocol inspired by Bitcoin. It is one of the few cryptocurrencies that has regained its previous support level quickly after the downfall due to the FTX liquidity crisis. It suggests a positive momentum and future growth of Litecoin in the long term. However, should you invest in LTC in 2022? Read our Litecoin prediction to know! At the time of writing this post, LTC was trading around $57.70, which creates a positive sentiment… Source link

Phira Phonruewiangphing / iStock.com Litecoin (LTC) is a cryptocurrency that launched shortly after bitcoin. The “gold standard” of crypto — bitcoin — was revealed to the world in 2009, while litecoin followed on its heels in 2011. Litecoin is often called the “silver” to bitcoin’s gold and is accepted as a form of payment in more places than many other alt-coins. See: 5 Things You Must Do When Your Savings Reach $50,000 What makes litecoin so special? And, more importantly, what… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Wednesday. The crypto is down 2.24% to $57.75 while the broader crypto market is up 16.97%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Today’s price of LTC (Litecoin) is back in line with what it was at the beginning of November.  Indeed, after falling below $50 on 9 November, it has now risen again to $58, after also standing at $63 last Friday.  At the beginning of November, the price was $55, which is lower than it is now. However, on Monday 7 November it had risen as high as $72.  This is thus a positive moment for the price of LTC, given that, for example, the current prices of Bitcoin and Ethereum are still… Source link

Litecoin was created to be the silver to Bitcoin’s gold, and runs faster and cheaper than Bitcoin. However, it doesn’t have much else to offer. Litecoin is the oldest alternative to cryptocurrency still in operation today, and has a few major differences compared to Bitcoin. Dozens of alternatives to Bitcoin were invented during the early years of blockchain, but the overwhelming majority of them failed to achieve sufficient adoption and have since become dead… Source link

Litecoin’s hash rate improves, miner fees continue to grow Market cap dominance continues to improve Even though Bitcoin miners continue to suffer from FUD, the same couldn’t be said for Litecoin [LTC] as it witnessed an improvement. According to a recent tweet made by Litecoin on 13 November, its hash rate was at 535.6 TH/s. The current Litecoin Hashrate: 535.65 TH/s — Litecoin (@litecoin) November 13, 2022 Read Litecoin’s [LTC] Price Prediction 2022-2023 Let… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has dropped 3% to $56.23. InvestorsObserver is giving Litecoin a 25 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 25, placing it in the bottom 25% of cryptos on… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin fell beneath $64 and could retest it as resistance The $50 area has been held as support for now, but violent moves meant traders must remain cautious A significant level of fear gripped the market. The momentary depeg of USDT from USD caused panic as users questioned whether Tether was exposed to FTX. Binance backed out of the offer… Source link

Litecoin price is back in the green, guided by a V-shaped recovery pattern. Whales return, scooping up lower-priced LTC amid a quick rebound above $60.00. Litecoin price holds above solid support areas as hurdles weaken to pave the way for a trend reversal. A daily bullish candlestick close above the 61.8% Fibonacci will help thwart a potential retracement in LTC price. Litecoin price and the crypto market, in general, are moving on swiftly against the backdrop of… Source link