Litecoin receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver… Source link
Read More »Neutral-Rated Litecoin (LTC) Falls Friday to $55.7
Litecoin (LTC) gets a neutral rating from InvestorsObserver Friday. The Digital Money asset is down 1.32% to $55.7 while the broader crypto market is down 0.13%. 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… Source link
Read More »Litecoin Gains Extra Footing in China as Beijing Court Finds It Protected by Property Law
Litecoin might be covered by Chinese property law, according to China’s top court, Beijing Number One Intermediate People’s Court. A Chinese court has ruled that residents may trade cryptocurrencies but may not use them as a cash alternative in a legal case concerning Litecoin. A court in Beijing has found that Litecoin is protected by Chinese property law. #Litecoin $LTChttps://t.co/yjuZpltKWp pic.twitter.com/VDZYo9eHoY — Litecoin (@litecoin) September 15, 2022 The judgment was made by… Source link
Read More »Big Eyes Coin could overtake Decentraland and Litecoin and take over the Crypto Markets
The crypto industry is full of ambitious projects, all trying to make it to the top and provide users with a lot of profit. Litecoin (LTC) gathered a strong community by providing a lighter and faster alternative to Bitcoin (BTC). Decentraland (MANA) is another cryptocurrency that has done very well and has become the top metaverse in the industry. Big Eyes Coin (BIG) is new in the market, and it wants to take a top spot in the industry. BUY BIG EYES COIN NOW! Big Eyes… Source link
Read More »Litecoin Price Prediction: Here’s Why LTC is Plummeting – InvestingCube
Litecoin price has had a tough week as investors re-adjusted their Fed expectations following the latest economic data from the United States. LTC crashed to a low of $55.35, which was the lowest level since September 7 of this year. It has fallen by more than 7% from its highest level this month, giving it a market cap of more than $3.99 billion. Litecoin price has come under intense pressure following the latest American inflation data. The numbers showed that the country’s headline… Source link
Read More »Polkadot, Ripple & Litecoin — Asian Wrap 16 September
Polkadot price could bounce near this level, but the technicals suggest a larger selloff is coming. Polkadot price shows reasons to be concerned as the bears are hours away from printing a classical shooting star reversal pattern on a 3-day chart. The last time the classic reversal pattern formed was a month ago. XRP price is in trouble as the bears persistently flex their control. Following the US CPI release on September 13, Ripple has fallen 10%…. Source link
Read More »Litecoin: Does the ETH Merge have anything to do with the surge in LTC’s hashrate
Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from as low as 390.93 TH/S on 31 August and peaked at 527 TH/S on 9 September. Source: Coinwarz The timing of Litecoin’s hash rate spike aligns with… Source link
Read More »Chinese Court Approves Litecoin but Not Its Use as Legal Tender By CoinEdition
© Reuters Chinese Court Approves Litecoin but Not Its Use as Legal Tender A Chinese court ruled that its citizens may trade in crypto but must not use it as legal tender. The judge emphasized the absence of rules forbidding viewing as an illicit asset. China courts have rendered inconsistent rulings on the handling and trade of digital assets in recent times. Despite the nation’s ban on digital asset services, a Chinese court has decided that its people may continue to trade… Source link
Read More »Litecoin price goes nowhere as traders are trying to reassess their next move
Litecoin price consolidates after a whipsaw 13% move from high to low on Tuesday. LTC price further oscillates with lower highs and higher lows on Wednesday and Thursday. Expect a possible bearish break as the 55-day Simple Moving Average gets pierced with each move to the downside. Litecoin (LTC) price sees traders trying to wrap their minds around what happened on Tuesday when bulls managed to pierce through an impenetrable wall that bears had cemented at $65.08…. Source link
Read More »Litecoin price analysis: LTC recovers at $60.23 amid high selling pressure
Recent Litecoin price analysis shows that the LTC/USD pair is currently in a bullish trend. The market has seen strong selling pressure, which has caused the prices to fall to $58.72. The support for the LTC price is present at this level, and it is expected that the prices will recover soon. However, if the selling pressure continues, the prices may fall further to $57.50. ITB Widget Example The LTC/USD pair is currently facing rejection at $60.85. This is a key resistance level, and… Source link
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