Litecoin

A leading crypto analytics firm says deep-pocketed whales are quickly accumulating Cardano (ADA) and Litecoin (LTC). Santiment says Cardano is likely undervalued given how much whales and sharks are grabbing it up. “Is Cardano severely undervalued at this point? One of santimentfeed’s key community members certainly sees data making this case, such as sharks and whales (holding 100,000 to 10 million ADA) accumulating aggressively these past six weeks.” Source:… Source link

Closely followed crypto analyst Michaël van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies. The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to move to the upside after a possible dip. He says Litecoin could increase by more than 22% from its current value of $68.71 at time of writing. “Litecoin shows strength, and probably will continue to show strength. I’m interested in the $69 range for… Source link

A popular crypto strategist says that Litecoin (LTC) could go on an epic surge before the peer-to-peer payments network’s halving event next year. Pseudonymous analyst Rekt tells his 329,900 Twitter followers that Litecoin is showing signs of strength on the higher timeframe after rallying above its long-term accumulation level. According to the crypto strategist, LTC could be mirroring its 2019 price action when it rallied from around $70 to $146 in just a few months. “[The]… Source link

Litecoin (LTC) emerged as the top gainer over Christmas Day with an impressive performance. This put it ahead of market leaders such as bitcoin and ethereum in terms of performance, solidifying its position as the market leader through the first half of the holidays. Litecoin Tops List Of Gainers Over the last 24 hours, Litecoin has been on an upward rally that put its price firmly above $65, turning resistance into support for it. The digital asset saw upwards of a 6% increase in price… Source link

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Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level. Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could start a decent increase if there is a… Source link

CNBC host Jim Cramer is warning people to stay away from cryptocurrencies, especially Solana (SOL) and Litecoin (LTC). In a new CNBC interview, Cramer says that he has sold all his digital asset investments and would not enter the space again, in the aftermath of the FTX collapse. “I would not touch crypto in a million years. Because I wouldn’t trust the deposit bank. They fought regulation. They didn’t want regulation, and you don’t have regulation. So if you have your… Source link

The Litecoin price has continued to face rejection after it failed to topple over the $80 price level. In the last 24 hours, it barely registered any price movement. It just depreciated by 0.8%. It was an indication of sideways trading for the altcoin. The past week for LTC has been choppy owing to constant volatility amongst major market movers. Bitcoin has dropped in price over the last 48 hours, dragging most altcoins down with it. The technical outlook of the Litecoin price showed signs… Source link

Litecoin price analysis shows a bullish trend as prices move to reclaim the $66.37 level, However, the bulls may encounter selling pressure at this level. If they do, a retracement to around $64.90 could occur. Litecoin prices have seen a steady increase over the past hours as buyers return to the market. Prices reached a low of $64.90 on the previous day, and have since climbed back up to $66.37. The price of LTC has seen some strong buying pressure as of late and looks poised to continue… Source link

Like most cryptocurrencies, Litecoin (LTC 4.10%) took some drastic price cuts in the first half of 2022. As investors and regulators struggled to manage an inflation-soaked global economy, the Litecoin token fell 64% between the New Year and the end of June. That correction was a bit sharper than Bitcoin‘s (BTC 1.73%) 57% price drop and far behind TRON, which only fell 17% lower in that period. But it was too early to count Litecoin out in the middle of summer. The cryptocurrency has staged… Source link