Litecoin

Cryptocurrencies have been uncertain for the last two months after the retreat from November until January, with the sentiment turning on and off every few days, forcing them to trade within a tight range. But, in the last two weeks, the sentiment has improved and cryptos have been crawling higher, which seems like a trend reversal, although it is still too early to tell. Litecoin and Fantom have some resistance to take out above, so the larger trend is not bullish yet, until those… Source link

Cryptocurrencies have been uncertain for the last two months after the retreat from November until January, with the sentiment turning on and off every few days, forcing them to trade within a tight range. But, in the last two weeks, the sentiment has improved and cryptos have been crawling higher, which seems like a trend reversal, although it is still too early to tell. Litecoin and Fantom have some resistance to take out above, so the larger trend is not bullish yet, until those… Source link

In this article, we will look at the decline in LTCUSD from $132 to $90 which took almost a week to unfold. We will look at some Elliott wave charts presented to members and show how our members were prepared for this decline in Litecoin. We called a zigzag Elliott wave correction completed in Litecoin (LTCUSD) at $143.93 and called for the decline to resume. Let’s take a look at the chart from February 16, 2022 to begin with. LTC/USD 1 hour Elliott Wave analysis –… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Monday. The Digital Money asset is up 5.47% to $131.49 while the broader crypto market is up 5.81%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Even though Litecoin hasn’t been the most-favored cryptocurrency, it has performed decently on the price chart. In fact, regulators and merchants across the globe have held it in high esteem. Moshi Moshi Litecoin Earlier this week, Japan-based news agency Nikkei reported that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) would be releasing a “green list” of 18 cryptocurrencies that will be exempted from being screened every time an exchange lists them. Apart from Source link

With the commencement of its recent bullish rally, Litecoin (LTC) finally traded above the 20/50/200 EMA while rising within an ascending channel (white). Meanwhile, the bulls kept testing the $126-resistance. A sustained close below the $126-mark could propel the alt to retest the $122-$123 zone before the bulls continue their buying spree. Any close below its 20 EMA (red) would lead to a patterned breakdown towards the $120-mark that coincided with its immediate trendline support (white,… Source link

InvestorsObserver analysis gives Litecoin Cash a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver… Source link

News Home Friday, March 25, 2022 08:11 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 75 from its… Source link

Litecoin is currently trading at a six-week high of $125 after succesfully breaking above the $119 level of resistance. The 20th largest cryptocurrency by market cap, which is available to purchase on the Coin Rivet broker, now needs to avoid a dreaded lower high below $149. A lower high below that point would confirm the macro downtrend while extending downside targets down to as low as $91 and $70. However, if Bitcoin can break the $45,000 level of resistance on convincing… Source link

Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425. LTC Daily Chart Source:… Source link