Litecoin

Litecoin is down by less than a percentage point in the early hours of today’s trading session. The drop comes a day after Litecoin had one of its largest drops since June 16, after it lost 10.40 per cent of its value.  Yesterday’s 10.4 per cent drop in the markets did not come as a surprise. Before the drop, Litecoin prices had traded along the $60 resistance level for four consecutive trading sessions without successfully breaking out of the resistance level to the upside. During… Source link

Litecoin price hovers within a descending parallel channel. The 200-week moving average is currently 65% above the current market value. Key levels have been identified for both a bearish and bullish scenario. Litecoin price is inching towards a breakout, but jumping in too soon could result in a whirlwind of pain.  Litecoin price bullish scenario Litecoin price currently trades at $58.78 as the bulls and bears collide on smaller time frames. Although the… Source link

The success of meme coins in the cryptocurrency market has led to the launch of many fun tokens. Dogeliens (DOGET) is the latest to join the class. It showcases next-generation features lacking meme tokens in achieving interoperability or giving earning options. Thus, DOGET ensures a break from the past and sets a new trend in the coin market. Dogeliens brings several innovative features to further DOGET adoption and make users loyal. These are new to the meme coin market and can… Source link

Litecoin prices see markets opening laden with negative sentiment as European energy crisis rattles markets. LTC price faces headwinds from the energy crisis with dollar strength weighing on price action. Expect to see a possible downside as investors flee to safe havens. Litecoin (LTC) price slips over 1% in ASIA PAC and European trading after Russia halts gas supplies to Europe. Not only does this mean trouble for the European bloc as its energy needs and… Source link

News Home Saturday, September 03, 2022 05:05 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 89 from its… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin [LTC] has not seen a large amount of volatility in recent weeks, relative to the rest of the altcoin market. The past month saw LTC range between $52 and $64, a modest 22% price difference measured from the bottom. In the meantime, Bitcoin [BTC] slipped below the $20.8k support after a firm rejection at $24k in mid-August. The USDT… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. The prices of crypto market leaders Bitcoin and Ethereum typically move together. But some weeks form an exception, and this was just such a week.  Bitcoin, the No. 1 cryptocurrency in the world with a $380 billion market cap, fell another 2% over the past week and trades for around $19,860 on CoinMarketCap at the time of writing on Saturday morning. Ethereum, the No. 2 crypto asset with a market cap of $190 billion, rose a… Source link

Litecoin price holds it firmly together for the first week of September and is set to print a good week. LTC price opening next week will be key whether it is above the technical hurdle.  Once the bulls play this setup right, a bullish breakout could be granted. Litecoin (LTC) price could be set up for a very bullish ride, while most cryptocurrencies are under the scrutiny of the stronger dollar and the dire economic environment. From a purely technical point of… Source link

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 price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $59.25 level. However, the cryptocurrency is facing rejection at $59.31 as the bulls seem to be losing momentum. Litecoin’s price started the day trading at $54.69 and has so far hit a high of $59.31 as the bulls continue to push the prices higher. The price has increased by more than 6.07 percent in the last 24 hours and is currently trading at $59.25. The 24-hour… Source link