LTC coin price is currently seeing a correction in the daily chart but can soon revert to a new high. It has seen a gain of more than 7% in the past 24 hours. The technical indicators of Litecoin suggest a strong momentum in the future. In contrast, LTC/BTC pair is up by more than 6% in the intraday session. LTC coin price is currently observing a correction in the daily chart but can soon revert to the uptrend in the future. Litecoin’s price is currently trading near the value of $275… Source link
Read More »Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November
A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a Double Top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction towards a common support level, called the “neckline.” Typically, the price breaks below the support and falls by as much as the maximum height between the Double Top’s peak and neckline. So… Source link
Read More »LTC could jump by 55% after this breakout
The Litecoin price continued its bullish momentum as investors reflect on the latest Bitcoin Taproot upgrade. The LTC price is trading at $272, which is about 162% above the lowest level in July. It has also moved to the highest level since May 19th. LTC and BTC correlation Litecoin is one of the biggest blockchain projects in the world. The cryptocurrency was created in 2012 to help solve some of the biggest challenges that Bitcoin has. For example, it… Source link
Read More »Litecoin (LTC) Is Accepted Anywhere VISA Is, Says Litecoin Foundation By CoinQuora
Litecoin (LTC) Is Accepted Anywhere VISA Is, Says Litecoin Foundation (LTC) now allows its users to make payments anywhere VISA is accepted. The company announced the news via its Twitter (NYSE:) page on November 14. Litecoin now allows its users to make borderless payments anywhere VISA is accepted. Moreover, the peer-to-peer crypto and open-source software project has taken to its Twitter to share with its followers that Litecoin, the 14th crypto by market cap, is accepted anywhere… Source link
Read More »‘Bull market distribution has begun’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute. A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000. It is a classic move that has become all too familiar in recent weeks, and attention is now focusing on bullish outcomes once again. With Wall Street still to open, Monday has yet to set the tone for the third week of “Moonvember,” one which… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 15th, 2021
Ethereum Ethereum fell by 0.37% on Sunday. Following a 0.50% decline on Saturday, Ethereum ended the week up by 0.22% to $4,627.03. A bullish start to the day saw Ethereum rise to an early morning intraday high $4,695.07 before hitting reverse. Coming within range of the first major resistance level at $4,706, Ethereum slid to a late afternoon intraday low $4,516.05. Ethereum fell through the first major support level at $4,585 and the second major support level at $4,525. Finding late support,… Source link
Read More »Bitcoin creator Satoshi Nakamoto could be unmasked at Florida trial
AMC CEO Adam Aron tells ‘The Claman Countdown’ the theater chain will allow payments in Dogecoin. A seemingly run-of-the-mill trial is playing out in Florida: The family of a deceased man is suing his former business partner over control of their partnership’s assets. In this case, the assets in question are a cache of about one million bitcoins, equivalent to around $64 billion today, belonging to bitcoin’s creator, the pseudonymous Satoshi Nakamoto. The family of the dead man says… Source link
Read More »First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops – CoinDesk
The largest cryptocurrency has been trading mostly in the low $60,000′s since hitting an all-time high near $69,000 last week. Researchers at the crypto exchange Kraken wrote Friday that buy orders are concentrating around $62,000, while there appear to be interested sellers around $67,000 to $69,000. Source link
Read More »ETH Facing Key Support, Breakdown Might Lead to $4K Retest
Ethereum (ETH) had recently dropped below an ascending wedge formation, as shown in blue on the following chart, and since then lost its short-term bullish momentum. ETH is now facing crucial support level as described below. Key Support levels: $4,354, $4K Key Resistance levels: $4,689; $5,075 Over the past week, amid a new ATH for ETH, the bulls were unable to push the coin above the coveted $5,000 mark. The current ATH lies at $4,878 (recorded on Wednesday). Since then, the… Source link
Read More »Litecoin rallied, yes, but it needs this more than anything going forward
Litecoin, over the years, has managed to remain relevant despite the emergence of new altcoins in the space. Now, even though LTC might not be the top-performing coin today or even one of the most famous ones, its correlation to Bitcoin is what has kept people coming back to it. Ergo, the question – How long can Litecoin survive this way? And, what exactly can change this for Litecoin? Litecoin needs more weight This week, LTC saw a random rally for 48 hours on 8 and 9 November. Over… Source link
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