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Litecoin LTC/USD has advanced from $54.49 to $84.97 since the beginning of November 2022, and the current price stands at $74.97. While the cryptocurrency market was going through a heavy drop after the collapse of FTX, Litecoin showed bullish momentum, and one of the reasons that may have influenced the growth of LTC could be […]
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Litecoin (LTC/USD) has soared more than 9% in the past 24 hours, trading as high as $84.97 on US cryptocurrency exchange Coinbase early Monday. The upside brought LTC price to its highest level in seven months, on-chain data platform Santiment highlighted in a tweet. Indeed, the buy pressure for the digital silver makes it the […]
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Litecoin beat other top cryptos to register the most gains in the last 24 hours The latest rally is less likely to be sustained considering unimpressive circulation and possible sell-offs Litecoin [LTC] recorded the highest gains in the last 24 hours out of the market’s top-20 cryptos. According to CoinMarketCap, the altcoin was trading at […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin is still holding on above June lows despite recent crash The altcoin offered profit-making opportunities this week If you held Litecoin (LTC) since October, chances are that you felt less of a pain from […]
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Just a week ago, Litecoin [LTC] rallied to the $61 level but faced rejection there. This was a bearish development, especially for long-term investors. The market structure continued to remain bearish, and […]
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Litecoin [LTC] is one of the few altcoins that is managing to recover the losses gradually. This on all fronts is indicating a possible trend reversal. While resistance from the broader market cues is natural, the support it has from its investors will play a crucial role in helping the cryptocurrency recover quickly. Litecoin under […]
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After dropping from its May 2021 ATH, Litecoin [LTC] bears ramped up their consistent efforts to close below the $91-$104 range for nearly a year. The altcoin’s extremely high correlation with Bitcoin subjected it to market-wide liquidations over the last few months. Thus, the drop below the $91-level has set LTC in a heightened bearish […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A recent report highlighted that the daily transaction count on the Litecoin network has been pretty much the same as three months ago, standing at just over 100k. Similarly, the active address count has also […]
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Although it’s not a frontrunner in the market, Litecoin is known for being ever-present at all times. Its significance is drawn from its minimal yet expansive use cases that keep it relevant. To date, investors continue to bank on those use cases for recovering their losses. Litecoin finds a new audience Yesterday, Litecoin became the […]
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