Litecoin

The Meme Cryptocurrency world has seen exponential growth in the past few months. There are now over 50 different cryptocurrencies being traded around in exchanges worldwide created as part of an internet meme.  The first meme cryptocurrency was created not long ago, with over 50 unique offerings. Meme coins and ICOs are changing the way people view cryptocurrencies and the utility they provide. Still, it’s important to be cautious and informed before you jump on board. However,… Source link

Litecoin (LTC) may have slipped out of the list of the top-20 cryptocurrencies by market cap. Even so, it might be one of the most undervalued coins right now. In fact, it might turn out to be among the best coins with the most potential for a strong bounce back during the next bull market. Litecoin may not have been the best performing cryptocurrency during the relief rally in June and July. However, investors should still consider adding it to their portfolio. Why? Well, for… Source link

Litecoin price hovers above two descending channels. A closing candle below $50 could begin the start of a fatal drop toward $10. Invalidation of the bearish thesis remains a breach above. Litecoin price continues to display bearish signals. Key levels have been identified. Litecoin price likely to fall Litecoin price shows concerning price action during the final trading weekend in August. Earlier this month, a midterm thesis was issued noting the strong possibility of a grand super… Source link

LTC ownership is concentrated but founder Charlie Lee is no longer in the club. – Photo: Shuttestock, Dusan Zidar Litecoin (LTC) was one of the early cryptocurrencies, going live in 2011 with a blockchain based on Bitcoin (BTC), but boasting faster transaction processing times.  The coin was previously among the top 10 cryptocurrencies, but as more and more new cryptos have emerged with the arrival of decentralised applications (dApps) running on smart contract blockchain platforms… Source link

Recently, the price of cryptocurrencies has declined tremendously. Bitcoin recently declined to $20,000. Ethereum’s price slammed below $1490. Almost all the altcoins exhibited unsatisfactory performance. What could the future of cryptos look like? In this article, we discuss the future of one altcoin named Litecoin. This post is all about LTC price prediction can Litecoin reach the 100$ mark? Let’s take a look. What is Litecoin (LTC)? Litecoin is one of the most aged altcoins… Source link

Today’s Litecoin price is up by less than a percentage point. Despite the small gains in the market, the gain resumes a long-term trend. This is after its recent struggle in the markets that had seen its prices plummet by 20 per cent in less than two weeks.  Part of the reason we saw such a huge drop in Litecoin is due to the current bearish trend of the cryptocurrency industry. For instance, Bitcoin, which is positively correlated with Litecoin, is down by 8 per cent. With the industry… Source link

Litecoin [LTC] investors are still uncertain about their fate especially after starting their week on a low, courtesy of last week’s bearish performance. This is despite a bit of recovery but LTC’s short-term fate is still up in the air. Litecoin’s pullback of last week triggered a retest of its ascending support line. The latter is part of the cryptocurrency’s price channel for the last eight weeks. It has already retested the same support multiple times in the past,… Source link

Litecoin and Bitcoin are both global payment systems where users send and receive funds locally and internationally. Litecoin is suitable for small transactions that can take 2.5 minutes to arrive on the other end, which means it is quicker than a bank transfer, especially for global payments. The best part is that the Litecoin network is decentralized, which means there will be no third party to facilitate the transactions. To get the benefits of this facility, a user should open a… Source link

Litecoin (LTC) could be heading the bearish route. According to CoinMarketCap, LTC has nosedived by 0.52% or trading at $56.50 as of press time. Litecoin going the bearish track LTC down by 0.52%, trading at $56.50 LTC engulfing candlestick shows increased selling pressure In the past few days, LTC is seen to be hovering close to its midpoint. Notably, Litecoin is down by 12.75 from its five-day high yet spiked by 7.26% compared to its five-day low that registered at $52.56. LTC price is… Source link

On the daily price chart, the Litecoin price is attempting to climb back above the falling wedge pattern. Cryptocurrency LTC is currently trading below the 20, 50, 100, and 200-day Daily Moving Averages. The pair of LTC/BTC is at 0.002638 BTC with an intraday drop of 1.13%. Over the daily price chart, the price of Litecoin has been decreasing into a wedge-shaped pattern. Bulls on LTC tried to hold their position at the top trendline of the chart to get out of the falling pattern. With slowly… Source link