Litecoin

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

The crypto crash of June has undoubtedly created various losers. However, an unlikely winner is emerging from this crash and it stands to be Litecoin [LTC]. The altcoin happens to be one of the earliest cryptocurrencies in place and has ramped up activity in recent weeks after a long sabbatical. LTC has also been getting attention after major developments observed in the on-chain data. Where does LTC stand at the moment? Back from the dead Who would have thought Litecoin could… Source link

News Home Monday, July 04, 2022 02:55 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin an average long-term technical score of 59 from its… Source link

TL;DR Breakdown Litecoin price analysis suggests an upwards movement to $55 The closest support level lies at $50.61 LTC faces resistance at the $52.00 mark. The Litecoin price analysis shows that LTC finds support at the $50.00 level and has started to climb back towards the $55.00 mark. Currently, the bearish pressure is decreasing across the short term as the buyers gain momentum.  The broader cryptocurrency market observed a bullish market sentiment over the last 24 hours as most major… Source link

The price of Litecoin (LTC) is currently negative after a significant amount of liquidation. Monday’s data from Coingecko indicates that the price of LTC has decreased by 1.4% over the past week and is currently trading at $49.98. LTC had previously achieved support at $49.68, but was unable to maintain the levels and experienced a price decline. The LTC/USD pair is currently encountering resistance at $50.85; a move over this level would target $51.50. The one-day price chart for Litcoin… Source link

One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market. At the same time, one of its biggest advantages also happens to be the lack of demand. That, in a weird way, is worth a milestone in itself.  None whatsoever Litecoin hasn’t reported any downtime. Ever. Running for ten years with 100% uptime, Litecoin is now one of the longest-running cryptocurrency networks in the world. Understandably, the silver to… Source link

Litecoin price analysis reveals that the cryptocurrency is currently in a bearish trend after a strong sell-off. LTC prices are down by almost 7% in the last 24 hours and are currently trading at the $49.98 mark. The cryptocurrency had earlier found support at $49.67 but was unable to sustain the prices and witnessed a sell-off. The LTC/USD pair is currently facing resistance at $50.85 and a break above this level would result in a move to $51.50. The Litecoin market has been quite volatile… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and the psychological $50 level has been defended in the past few days. However, selling pressure began to climb once… Source link

The Litecoin price analysis is bearish today as the LTC price is following a downwards trend again. The coin has marked a lower low at $50.1 as the bearish trend has been gaining strength since yesterday. LTC/USD has been on a downtrend after the price last peaked at $58.7 on 25 June 2022. However, the coin was following an uptrend prior to this. Overall the coin price has been sliding down after 15 November 2021 as the major bearish trend is eminent on the price chart, and the crypto pair… Source link

Litecoin price analysis reveals that the LTC/USD prices have spiked high as the bullish momentum continues to inflate. The current market trend is very strong and there is a possibility that the prices might test the $58.00 resistance level soon. For now, support for Litecoins price is present at $50.39. The LTC/USD prices have been on a bullish run for the last 24-hour and this rally has taken the prices to new yearly highs. The price has increased by over 5 percent in the past 24 hours… Source link