Litecoin

As the broader market witnessed a 24-hour plunge, Litecoin lost the $105-level and depicted oversold readings on its 4-hour RSI. Furthermore, SAND’s decline found a floor at the $2.8-mark before showing some recovery signals. Also, Tron saw a bullish divergence with its RSI while the 38.2% Fibonacci resistance stood sturdy. Litecoin (LTC) Source: TradingView, LTC/USDT LTC’s previous 47.9% rally from its 13-month low halted near the 23.6% Fibonacci resistance. As a result, it reversed… Source link

Litecoin receives an average long-term technical score of 60 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, LTC holds a superior long-term technical analysis score than 60% of… Source link

Litecoin price action slips below $104.17 and gets in the danger zone of dipping below $100. LTC price sees bulls coming in, however, and trying to maintain any further losses as talks in Ukraine remain underway. Expect a further drop when headlines further deteriorate before bouncing back to $120. Litecoin (LTC) price action has breached the significant $104.17 supportive level that has been key in preventing LTC price action from making further lows. The break… Source link

The Litecoin sell-off accelerated in the evening session as investors remained pessimistic about the ongoing geopolitical tensions between western countries and Russia. The LTC coin is trading at $102, which is the lowest it has been since January 24th. It has crashed by about 28% from its highest level this month. Fear and greed index falls Litecoin declined sharply as investors remained fearful about the crisis going on in Europe. On Monday, Vladimir Putin announced that Russia will… Source link

Litecoin is just boring. GrayScale has a trust for LTC. Boring. Institutional money is investing in LTC in record numbers. Boring. LTC is one of Grayscale’s largest investments. Boring. They plan on increasing this investment. SOOOO boring! Anthony Watson Coder and Author of Cryptocurrency Investing in the Age of Dollar Chaos LTC is the cryptocurrency world’s ultimate wallflower. Litecoin never seems to get any love. Nonetheless, it is one of the oldest cryptocurrencies as It continues to… Source link

Bitcoin price has retraced after failing to make it over a crucial hurdle. The downtrend was cut short, though, due to the presence of a demand zone. A bounce off this zone is likely to provide Ethereum, Ripple and other altcoin traders a brief opportunity to go long. Litecoin price set a higher low as it dipped inside a demand zone, indicating that the bullish outlook is intact. Going forward, investors can expect LTC to climb higher as the crypto markets flip… Source link

Litecoin price has slipped into the $107.23 to $116.07 demand zone, suggesting a reversal. A resurgence of buyers is likely to propel LTC by 17% to $132.60. The bullish thesis will face invalidation if the altcoin produces a six-hour candlestick close below $107.23. Litecoin price set a higher low as it dipped inside a demand zone, indicating that the bullish outlook is intact. Going forward, investors can expect LTC to climb higher as the crypto markets flip… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Sunday. The Digital Money asset is down 5.41% to $109.85 while the broader crypto market is down 4.22%. 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 price action develops a pattern seen across the altcoin space: the inverse head-and-shoulders pattern. LTC faces a strong cluster of resistance before it can move towards the $200 value area. Downside risks are significant and highly probable. Litecoin price faced significant selling pressure on Thursday, following other risk-on markets lower due to war jitters and continued inflation worries. However, that didn’t stop LTC from developing a likely… Source link

After the 3-month decline in cryptocurrencies, which led the crypto market losing more than half its value, it seemed like the bearish period had ended. The crypto market started reversing higher in the last week of January, giving the impression that the larger bullish trend was resuming. But, for a week now, digital coins have failed to push higher, and in the last two days they have turned lower, with Ethereum (ETH) falling below $3,000 while Bitcoin is facing the $40,000 level once again…. Source link