Litecoin

Litecoin price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way toward revival and has recovered up to the $52.13 mark during the day as the bullish trend has gained stability. The past week has proved to be highly supportive for the buyers. A constant uptrend has been on the rise, and a similar trend is observed even today. Further recovery is possible if the buyers remain persistent in their efforts Cryptocurrency… Source link

By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link

By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link

The week so far has been marked by a significant spike in Litecoin’s [LTC] address activity and whale transactions, according to the data from Santiment. Whale transactions valued above $1 million clinched their highest daily count so far this year during the trading session of 20 October. ⚡️ #Litecoin has been quietly under the radar in 2022, but address activity & whale transactions have exploded this week. Particularly with $1m+ valued transactions on the network,… Source link

Investing in cryptocurrency might be profitable even though there are risks involved. Investing in stocks is still the safest and least volatile option for investors, but cryptocurrency is still the most profitable. Despite the dangers, using cryptocurrency has many benefits. Such as excellent security, simple transactions, and substantial rewards. Due to the distinct characteristics that each cryptocurrency has that might be advantageous for its users, having a wide… Source link

Whale interest in Litecoin (LTC) seems to have rejuvenated. According to analysis firm Santiment, LTC’s wallet activity and whale transactions have exploded this week. The firm took note that over $1 million worth of transactions took place on the network. Furthermore, the firm highlighted that the wallet activity and whale transaction spike took place when LTC began rising against Bitcoin (BTC). On the other hand, Litecoin’s volatility is the lowest it has been in two years, as per… Source link

LTCUSD is turning sharply down from the highs in the 4-hour chart after a complex W-X-Y corrective rally. It’s now alos breaking the channel support line which indicates for more weakness towards June lows while the price is below 67.57 invalidation level, just be aware of short-term pullbacks which is now underway. Nice resistance is near 55-58. Big picture The market is bearish for the last few months but approaching potential support with the price moving back to… Source link

Seasoned trader and creator of the Bollinger Bands technical indicator, John Bollinger, believes that a once-promising trade setup on Litecoin (LTC) is on the verge of fizzling out without a payoff. The trader tells his 226,300 Twitter followers that after Litecoin’s “prolonged squeeze” as depicted on the Bollinger Bands indicator, the 22nd-largest crypto asset by market cap risks fizzling out. “This is why I don’t love prolonged squeezes, nice setups often just fizzle… 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 0.86% to $51.71. 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

Both Litecoin (LTC) and Avalanche (AVAX) have lost over 60% of their token’s value since the start of 2022, according to data from CoinMarketCap. And an additional near $30 billion in market capitalization has been lost between the two of them.Although numbers like these are common for cryptocurrencies facing a bear market, Litecoin’s (LTC) and Avalanche’s (AVAX) downfall has left many questions unanswered. Holders of LTC and AVAX may wonder if the… Source link