Litecoin

Litecoin [LTC] bulls have shown signs of weakness near the $60 price range where it has been facing resistance during its recovery phase. However, the cryptocurrency has managed to avoid a sizable retracement by maintaining its momentum above its 50-day moving average. Litecoin has managed to stay above the 50-day moving average for almost 10 days. At press time, the token stood at $59.85 up by 1.39% from the day’s opening price. The Relative Strength Index (RSI) too moved towards the… Source link

When you learn the key differences between Dogecoin (DOGE) and Litecoin (LTC), it will help you to better understand the history of the blockchain market. Both of these projects were early contenders in the sector. As such, each has a pioneering spirit that drives their community and developers. Here’s some valuable insight into the differences between Dogecoin and Litecoin. What is Dogecoin? Dogecoin is a first-generation cryptocurrency that was designed to bring a little fun into the… Source link

Litecoin price analysis today is bullish as the price of LTC has rallied to $54.04 after breaking out from a descending channel. The cryptocurrency had been trading inside this channel since early today. The price is currently facing resistance at $54.12 and has found support at $52.20. If the bulls can push the price above $54.12, Litecoin might target the next level of resistance at $55.40. However, if the bears take control, Litecoin might drop to $51.50. The LTC/USD pair has increased… Source link

Litecoin price shows ambition in reaction to the Fed’s interest rate decision. A bullish engulfing candlestick is one hour away from settling as the New York Session comes to end. The bullish engulfing candle will establish a more important morning star pattern on the daily chart.  Litecoin price currently trades at $58.75. There is a slight uptick in transactions according to the Volume Profile Indicator. Additonaly the bulls have hurdled both the 8- and 21-day… Source link

Razi Khan A Master’s graduate in Renewable Energy Systems from England, UK, Razi is a tech-enthusiast. He’s served as a content specialist for BlockPublisher in the US and has been an avid member of the crypto space as a journalist, trader, investor and analyst since 2018. Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has lost 6.4% to $52.65. InvestorsObserver is giving Litecoin a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on… Source link

The Global Crypto Market Capitalization tanked down below $1 trillion in the early trading hours, tumbling down by nearly 4%. Most of the assets also witnessed a heavily drain as the star crypto struggles to maintain above $21,000. However, the uncertain price action is expected to ease very soon as a crucial rebound is fast approaching. Litecoin (LTC) Price Litecoin price is currently trading between the 50-day and the 200-day MA levels which are offering pivotal resistance and support  The… Source link

The Litecoin price analysis shows that the cryptocurrency has gone through a bearish momentum in the latest price chart. The bearish side has already been successful in halting the upwards price movement, and the last hours have seen a major decline in the price value. The price has lowered to the level of $56.6, causing a reversal in the uptrend that followed earlier yesterday. As the price is slipping downwards now, further reduction in price can be expected as well. However, support is… Source link

Litecoin receives an average long-term technical score of 63 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

Litecoin currently ranks at the #20 position amongst the cryptocurrency leaders, with a market capitalization of $4,007,975,537 based on its circulation volume of 70,795,593.78 LTC tokens. Still, 16% of LTC tokens remain out of the circulation market. Litecoin was pronounced a brother to Bitcoin with some definite improvements but remained the only token to continue with its pure cryptocurrency code without any fork or technical modifications. Litecoin has a plethora of offerings to serve… Source link