Litecoin

Very favorable winds are blowing in the cryptocurrency market, which have survived the uncertainty. Many investors have started to gain profitability during this period when they evaluate buying opportunities. In this process, which is expected to continue in the long run, altcoins are expected to attract great attention. In addition, there is great interest in new projects by those who want to make safe and risk-free purchases. An exciting time with many prospects lay ahead. Adirize DAO… Source link

Numerous projects have been launched into the market since new cryptocurrencies and NFTs gained popularity. Within weeks after their debut, most of these ventures either lose their relevance or are abandoned. Upon closer examination, it becomes apparent that those initiatives lack actual usefulness. We have been keeping a close eye on Carlossy Caterpillar (CAR), a potential concept for a meme currency that is guaranteed to stand out from the sea of cryptocurrencies that have saturated the… Source link

Source: AdobeStock / butenkow   In line with regulations, Canadian crypto exchanges are introducing measures to cap the annual buy limit for selected cryptoassets at CAD 30,000 (USD 23,250) per year – and these exclude (only) four large coins.  While the cap will not impact Canadian crypto investors’ capacity to invest in some of the leading coins, it is likely to cut their purchases of a wide range of altcoins. Canadian crypto… Source link

Litecoin (LTC) gets a bearish rating from InvestorsObserver Wednesday. The coin is up 0.28% to $60.91 while the broader crypto market is down 0.68%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bearish Over the last five days, Litecoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

As one of the earliest cryptocurrencies, the growth of Litecoin [LTC] has left many investors disappointed. Despite matching up to Bitcoin [BTC] at some point, LTC seems to have found comfort in the midst of mediocrity as per its development over the years. The year 2022 may have been termed worse for LTC but its recent 6.12% price increase at press time looks to be working against the label. As per CoinMarketCap, LTC was trading at $64.07— a 9.82% seven-day increase at… Source link

Published 18 mins ago A rising wedge pattern governs the ongoing recovery in the LTC/USDT pair. Following this pattern, altcoin surged 63% and formed a local top at the $64.5 mark. However, the very nature of this pattern is to resume the prevailing downtrend once the price breaches its rising support trendline. Key points from LTC analysis:  The LTC price nearing the apex of the wedge pattern may soon lead to a breakout action The 20-and-50-day EMA flipped into a viable… Source link

John Palmer John Paul is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience. Source link

Litecoin price has come under intense pressure and formed a rising wedge pattern. LTC dropped to a low of $60.60, which was the lowest level since August 10th. The price is about 72% below the highest level this year, bringing the total market cap to over $4.3 billion. Is the LTC recovery ending? Litecoin is a leading cryptocurrency that was developed to become a better alternative to bitcoin. It solves some of the top challenges that bitcoin such as its slow speed and high transaction costs…. Source link

The latest market crash has left Bitcoin in shambles. Dropping from its November all-time high of $69,000 to its two-year low of just $18,000, Bitcoin dragged the rest of the market with it deep into the red. However, unlike the rest of the crypto market, Bitcoin didn’t see activity on its network subside. The latest data from Glassnode showed that the total number of unique addresses on the Bitcoin network reached its all-time high. Over 1 billion unique addresses currently participate in… Source link

Litecoin price has continued to trade within an ascending channel, and in today’s trading session, it is up by less than a percentage point. However, there are signs that the trend will be short-lived due to the recent bearish price action. With the resurgence of the cryptocurrency industry, which started a few weeks ago, Litecoin has strongly trended upwards, following the trend of other major cryptocurrencies such as bitcoin. Part of the reason for this is due to Litecoin being highly… Source link