Litecoin

Litecoin (LTC) is performing at its peak levels as seen in the past five days. LTC exhibits the formation of a rising parallel channel pattern LTC price is down by 0.69% as of this writing LTC price on a 5-day straight rally registered a growth of 21.4% LTC is having a bull run as validated by the formation of a rising parallel channel pattern touching the key resistance seen at $66. The key resistance zone has been a major hurdle for LTC hindering any bullish… Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

Published 11 mins ago A bull cycle within a rising parallel channel pattern strikes the monthly resistance of $65. This horizontal level has limited the bullish growth for the past three months, indicating a high possibility of price reversal. However, even if the Litecoin price breach resistance, the bullish path is filled with more significant obstacles.  Key points from Litecoin price analysis:  The LTC price responded to a parallel channel pattern The LTC price shows… Source link

Litecoin price hovers just below a descending trend channel established in February 2022. Litecoin price shows fewer transactions amidst the current uptrend move than the previous decline. A breach above the $64 level could be the catalyst  to a rally targeting the 2000-week moving aveage at $100, Litecoin price could make a run for the 200-week moving average at $100. Still traders should wait for more confirmation or be subject to a smart money trap. Litecoin… Source link

Among the sufferers of the bloodbath in the current crypto bear market are the Litecoin (LTC) community. It’s not just Litecoin (LTC) holders though, as most top buyers are down over 80% this year. With massive inflation, investors have been risk-off and saving themselves for bigger opportunities.  The Hideaways (HDWY) looks to have saved investors in 2022 and is now one of the most anticipated cryptocurrencies to launch in 2022. Whilst Litecoin (LTC) holders are selling to cut losses,… Source link

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and one million LTC coins increased their balances in the last two days. In contrast, addresses holding between 10,000 and… Source link

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Coinglass data showed $364 million worth of liquidations over the past 24 hours. This came in the wake of a 7% drop in Bitcoin’s [BTC] price within the past day. Litecoin [LTC] followed in the footsteps of Bitcoin, alongside the rest of the altcoin market. The longer-term view for Litecoin was to look for opportunities within the range LTC… Source link

Cryptocurrencies are becoming increasingly popular daily, with new coins popping up all the time. In this blog post, we’ll take a look at two of the most promising coins out there right now: RoboApe (RBA) and Litecoin (LTC). Both of these coins have great potential and are sure to make an impact in the months to come. So what are you waiting for? Keep reading to… Source link

Litecoin price analysis today is bearish as the cryptocurrency has slipped below $60 again. The LTC/USD pair had been following an ascending parallel channel for some time but failed to break out of it and instead dropped sharply. The pair is currently trading at $54.15 and is facing immediate resistance at $60.33, However, a break above this level is necessary for further upside. Support for Litecoin is presently at $53.30, and if this level is breached, Litecoin might drop all the way… Source link