Short Term Elliott Wave view in Litecoin (LTCUSD) suggests the decline from November 10, 2021 peak is unfolding as a zigzag Elliott Wave structure. Down from November 10 peak, wave (A) ended at 120.49 and wave (B) rally ended at 154.49. Wave (C) lower is in progress with subdivision as a 5 waves impulse Elliott Wave structure. Down from wave (B), wave ((i)) ended at 133.27 and rally in wave ((ii)) ended at 142.81. The crypto currency extended lower in wave ((iii))… Source link
Read More »Litecoin’s descent to the $104-level could be followed by this…
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The overall market sentiment has been bearish for the crypto-market in recent weeks. Whether this is a brief period of uncertainty before the resumption of a bullish trend for Bitcoin is yet to be seen. In the meantime, the altcoin market has taken a stronger beating. This is how the market operates, and it has bullish cycles followed by times of sharp drops… Source link
Read More »Cryptocurrency Litecoin Down More Than 3% Within 24 hours
Litecoin’s (CRYPTO: LTC) price has decreased 3.42% over the past 24 hours to $108.48, continuing its downward trend over the past week of -24.0%, moving from $142.26 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, or… Source link
Read More »Litecoin (LTC) Do the Risks Outweigh the Rewards Thursday?
Litecoin receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link
Read More »Solana, Litecoin, Avalanche, Matic, Cardano, Bitgert & Centcex
by Analytics Insight January 27, 2022 This article features the latest updates on cryptocurrencies like Bitgert, Centcex, and more. Today, 27th Jan looks like it will be a day that cryptocurrency prices might plummet. From late yesterday, Bitcoin prices started crashing, and all the major cryptocurrencies have been on a downward trend for the better part of today. In fact, all the largest cryptocurrencies were red at the time of this writing. But what are the major updates from the best… Source link
Read More »Will We See A Bullish Reversal in Terra LUNA and Litecoin (LTC) As Support Holds?
The decline has stalled once again in the crypto market, after the bearish momentum we saw last week and earlier this week. This has been a major retreat but it might be over now, after Bitcoin and Ethereum lost more than half their value and other cryptos have reached some major support zones. Litecoin and Terra LUNA have found support and are giving signs that they might turn bullish, so let’s see what’s going on with them. The 100 SMA Holds As Support for Terra LUNA Terra LUNA is one of… Source link
Read More »Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex
Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex – What Will Be Next For These Projects? by Analytics Insight January 26, 2022 This article features next for crypto projects like Bitgert, Centcex, and more. If looking for the best crypto projects to invest in today, this list has some of the best cryptocurrencies of 2022 in the market. Most of them are established already, while others are very new in the crypto industry but have shown immense potential. This includes… Source link
Read More »Prices to Retest $97 Support Level
Litecoin has been steadily declining since January 18, losing 28 per cent of its value since then. The latest bearish move comes amidst a slump in Bitcoin, a positively correlated cryptocurrency with Litecoin. On the other hand, Bitcoin is driven lower by a tighter US monetary policy aimed to reign in the soaring US inflation. Today, the Federal Reserve is expected to commit to a March rate hike at their FOMC meeting. Danske Bank analysts even expect the Fed to introduce quantitative… Source link
Read More »Solana, Litecoin, Avalanche, Matic, Cardano, Bitgert & Centcex
by Analytics Insight January 26, 2022 This article features the latest updates on cryptocurrencies like Bitgert and Centcex Today, 26th Jan is a good day for the cryptocurrency investors as the market surges for the second day running. This is good news for the crypto investors and those who bought during the dip. With the surging prices, it is time to make good returns and recoveries. So what’s happening in the crypto market with the top best cryptocurrencies of 2022? Here is… Source link
Read More »Here is why Litecoin (LTC) could drop to $95 despite a bullish run in today’s trading session
Litecoin (LTC) has started today’s trading session on the green. After seeing a slump over the past few weeks, the coin appears to be rallying. But despite this, Litecoin (LTC) still remains highly volatile, and it could slide back to $95 in the near term. Here are some highlights though: At the time of writing, Litecoin (LTC) was trading at $107.77, up by about 5% in 24-hour intraday trading. The coin appears on course to retest its overhead resistance of $112 in the coming… Source link
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