Litecoin

Litecoin price is undergoing a steep sell-off. Litecoin price severely oversold on the RSI. Invalidation of the bearish thesis is a breach at $101.  Litecoin price action spells for more price decline. A $60 price target is probable. Litecoin price aims for $60 Litecoin price is printing a huge bearish engulfing candle on the daily chart. Although an anticipated market reversal is hoped for, LTC price may land at lower targets before the market bottom… Source link

Following years of development and an initial announcement made in February this year, Litecoin, on 3 May announced that its major update MimbleWimble (MWEB) has been locked in for activation. Lead developer, David Burkett confirmed that the process of update will be completed over the course of 2 weeks. The MimbleWimble upgrade is expected to enhance the user experience by providing users the option to make confidential transactions on the Litecoin Network. After recording a total… Source link

While ups and downs are part of a cryptocurrency’s trajectory, the broader momentum is usually poised to be positive, albeit a market crash takes place. But that is not the case with Litecoin. Litecoin is not going up… The altcoin’s fixed trajectory is downwards as ever since it marked its ATH in May, the coin was stuck within the downtrend wedge, failing escape attempts. And as of yesterday, it not only fell through it, LTC also fell through the $100 mark, displaying no signs of… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Saturday. The Digital Money asset is up 0.57% to $96.21 while the broader crypto market is down 0.32%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Litecoin major update MimbleWimble (MWEB) has been approved by a majority of the nodes and locked in for activation. This process will be completed in the next two weeks, at the height of block 2 million, or May 19th, according to David Burkett, lead MWEB developer. Related Reading | Bitcoin Collapses By Most In Nearly A Month – Its Golden Days Are Over? Burkett confirmed that users with the updated version (0.21.2) of the software will be able to start transacting with MWEB… Source link

Yuri Molchan Charlie Lee has added DOGE symbol to his Twitter picture after tweeting that he would consider doing so Contents LTC founder adds Shiba Inu on Twitter LTC, DOGE in decline, hit by Bitcoin’s massive drop The Twitter background picture of LTC founder Charlie Lee now has a Shiba Inu dog on it. But it is not dedicated to the second biggest meme coin of the same name. Lee added it to show respect for Dogecoin and its mining community. LTC founder adds Shiba Inu on… Source link

Over the past 24 hours, Litecoin’s LTC/USD price has fallen 5.19% to $97.52. This continues its negative trend over the past week where it has experienced a 6.0% loss, moving from $104.03 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are,… Source link

Gucci, a luxury fashion giant, announced plans to extend a crypto payment pilot to all its directly-operated North America stores.  Major validation by a luxury fashion brand is considered a bullish event for the cryptocurrency market.  Bitcoin, Ethereum, Litecoin and Shiba Inu prices have recovered from the recent pullback as investor sentiment improves.  In a pro-crypto move, high-end Italian fashion brand Gucci has revealed plans to accept payment in ten… Source link

News Home Wednesday, May 04, 2022 03:09 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin an average long-term technical score of 43 from its… Source link

It is always worthwhile to see how cryptocurrency trends evolve in the payments space. BitPay remains the leading crypto payment processor, making it a reliable provider of crucial industry metrics. Surprisingly, Litecoin represents nearly 15.5% of all payments in early 2022. BitPay Still Notes Healthy Volumes There were times when any company working with BitPay would make significant headlines. Cryptocurrencies have been shunned by the mainstream for several years, although things have… Source link