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Litecoin price analysis shows that LTC/USD is in a bearish trend. The LTC/USD has decreased by 7.13 percent since yesterday as it currently trades at $52.04. Litecoin price is facing strong resistance at $56.59 and if the bears can push the prices below this level, we can expect a further decline towards $50.43. Support for LTC/USD is present at $50.43, and if the bulls can push the prices above this level, we might see a minor rebound towards $54.23. Litecoin prices have been trading… Source link

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Litecoin price pulled back on Monday as cryptocurrencies pulled back on Monday. It dropped to a low of $50, which was the lowest level since July 15. It has crashed by more than 23% from its highest level this month. Fed interest rate decision LTC price has been under pressure as investors refocus on the upcoming interest rate decision by the Federal Reserve. This also explains why other cryptocurrencies like BTC and ETH have pulled back in the past few days. The Fed will start its two-day… Source link

Key Takeaways Ethereum has successfully shipped the Merge after years of anticipation, but ETH is down. The number two crypto has lost 25% of its market value over the past week. Though the Merge brought several notable upgrades, it will likely take time for the market to digest the event. The weak macro environment has been a major factor weighing down ETH and other crypto assets this year. Share this article Ethereum made history when it completed “the Merge” from… Source link

Bitcoin (BTC) and Ethereum’s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. Bitcoin price fails to hold $20,000 On Sep. 19, BTC’s price has failed to regain the $20,000 psychological support zone. The BTC/USD pair slipped by 6.5% to around $18,250, while ETH dropped 4% to approximately $1,280. Their gloomy performance came as a part of… Source link

Bitcoin (BTC) continued its bearish price action over the weekend, with the leading cryptocurrency dropping to a new 3-month low of $18,390, according to data from CoinMarketCap. Bitcoin now changes hands at around $18,440, down 8% over the past 24 hours, despite a 64% jump in daily trading volume. BTC has lost over 17% of its value over the past week, and is down over 73% from its all-time high of $68,789.63 in November 2021. The market capitalization of Bitcoin has more than halved,… Source link

Bitcoin (BTC) faces another week of “huge” macro announcements after the lowest weekly close since July. After days of losses following the latest inflation data from the United States, BTC/USD, like altcoins and risk assets more broadly, has failed to recover. The largest cryptocurrency has yet to flip $20,000 to convincing support, and as the third full week of September begins, the danger is once again that that level could function as resistance. Bulls have plenty to worry about — the… Source link

Litecoin Falls 12% In Bearish Trade Investing.com – was trading at $50.370 by 23:22 (03:22 GMT) on the Investing.com Index on Monday, down 12.14% on the day. It was the largest one-day percentage loss since May 11. The move downwards pushed Litecoin’s market cap down to $3.725B, or 0.41% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $50.360 to $53.700 in the previous twenty-four hours. Over the past seven… Source link

Bitcoin started a fresh decline below the $20,000 support zone against the US Dollar. BTC traded below $19,000 and remains at a risk of a move to $18,000. Bitcoin started a fresh decline and traded below the $19,500 support. The price is now trading below $19,200 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support at $19,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now… Source link

By Asmita Pant  Sep 19, 2022, 08:05 AM IST (Published) Mini The world’s largest and most popular virtual currency, Bitcoin, fell 5.4 percent to $18,934.8. Its market value stood at $373 billion. The trade volume was at $31.6 billion. Major cryptocurrencies extended losses on Monday, September 19. Bitcoin slid below $19,000 and Ethereum below $1,400 amid largely negative trends in global markets. The global crypto market cap stood at $933.26 billion, with a volume of $65.56 billion in the past… Source link