Starting this week in a sell mode, the bulls intercepted drops with a bounce and resumed bullish after retesting a broken resistance level as support in the mid-week. Breaking out of a key resistance to a three-month high during last week’s pump, Litecoin faced a rejection at $77 and closed […]
Tag: litecoin
Litecoin Surges Above $73 Amid Increased Transaction Volume And Retail Interest
Litecoin (LTC) is experiencing a notable uptick, surpassing the $73 mark for the first time since July. This marks its first substantial breakout from Bitcoin and other altcoins since the spring, driven by two key factors: ⚡ A significant increase in on-chain transaction volume, with daily transactions nearing an impressive […]
LITECOIN PRICE ANALYSIS & PREDICTION (October 16) – LTC Advances Higher Amid Slight Market Drop, Faces Rejection
Litecoin’s outlook is becoming stronger daily following the latest increase. It just saw a rejection after witnessing a slight break. Behind ENA, it is the next top gainer with a 7% gain in the past 24 hours. Dropping to as low as $50 during this year’s bearish correction, Litecoin has […]
LITECOIN PRICE ANALYSIS & PREDICTION (October 5) – LTC Sits Above $60 After Posting 9% Loss In A Week, Will It Recover?
Following a short bearish break in August, Litecoin saw a notable recovery above a key level but it recently lost steam. The price appears weak on the day following a fresh monthly crackdown. As seen among top altcoins across the crypto space, last month’s trading was exciting for the bulls […]
LITECOIN PRICE ANALYSIS & PREDICTION (September 15) – LTC Climbs Near A Crucial Resistance Level, Will It Flip?
Most top altcoins have charted notable gains in this week, including Litecoin, which is now looking strong on the day. While it is showing signs of strength, the market remains weak on a long-term scale. Mirroring Bitcoin’s price movement over the past week, Litecoin increased consistently for days and almost […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 31) – LTC Foots A Bullish Move Amid Market Falls, Will It Reclaim $70?
Amid recent price falls, Litecoin regained strength after locating support this week. This puts the asset in a 4% gain with a traded volume of $331 million in the last 24 hours. Still, it remains bearish on the mid-term. Two weeks ago, Litecoin rejected the $70 level after recovering nicely […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 24) – LTC Faces Resistance Amid Fresh Buy, Will It Break Through?
Following a slight pullback this week, Litecoin found support nearby and resumed buying pressure but is now facing small hurdles at a key resistance level, where the next major move is likely to take place. Litecoin has recovered nicely from the recent dip and is now footing a bullish move […]
Litecoin’s Untapped Potential: A Bull Run On The Horizon?
Every day, countless people rely on the Litecoin network to seamlessly transfer value, with transactions often amounting to tens of millions of dollars in $LTC. A recent analysis by IntoTheBlock revealed that in just a 24-hour period, over $3.5 billion in value was moved through large transactions alone. This demonstrates […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 18) – LTC Continues Retracement Amid Bearish, Recovers 10% Weekly
While most altcoins took a slight downturn this week, Litecoin’s price remained strong and showed signs of strength daily. It seems to have reached a rejection point, where a fresh drop may occur. Litecoin’s market structure is still bearish on the daily chart following a lower low and lower high […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 9) – LTC Pauses Buying at $62, Can It Sustain Pressure Above This Level?
Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 4) – LTC Sees 2% Recovery But Daily Bias Remains Bearish, Where Next?
Litecoin saw a notable 10% weekly drop in the latest dip and lost a key level. While the trend looks highly bearish on the daily chart, it has seen a slight increase in the past hour. Last week was a bit calm for Litecoin as it stayed in a consolidation […]
LITECOIN PRICE ANALYSIS & PREDICTION (July 26) – LTC Turns Green Today Following 5% Surge, Are The Bulls Back?
This week saw Litecoin through a small pullback after experiencing a steady increase from a year low recently. However, it is showing signs of strength daily and has posted roughly 5% gains in the last 24 hours. The latest bounce in price has once again put Litecoin in a green […]
Litecoin Network Sees Explosive Growth In Addresses And Ordinals
The Litecoin network continues its impressive growth trajectory, with the total number of addresses holding a balance now exceeding 8 million. This marks an increase of over a million new hodlers in the past year, according to data from IntoTheBlock. This surge reflects a growing interest and confidence in Litecoin […]
LITECOIN PRICE ANALYSIS & PREDICTION (July 20) – LTC Looks Poise For More Gains But This Minor Resistance Suppresses Pressure
After pausing buying pressure in the mid-week due to a slight rejection, LTC dropped and found nearby support. It bounced back and continued to show signs of strength but is yet to break higher weekly. Earlier this month, Litecoin found support at around $ 57 and started to climb back […]
Litecoin And XRP: High FOMO Levels Signal Potential High-Risk, High-Reward Investments
As the cryptocurrency market experiences impressive rebounds, Litecoin (LTC) and XRP are generating significant FOMO (Fear of Missing Out) among investors. These coins have the potential to continue their upward trends, but the crowd’s euphoria towards them could make them high-risk, high-reward investments this week. On-chain data from @santimentfeed reveals […]
LITECOIN PRICE ANALYSIS & PREDICTION (July 6) – LTC Resets To Bottom Due To Recent Meltdown, Can It Pick Up Again?
This week’s meltdown saw Litecoin LTC through the highest selling volume after maintaining a sideways trend for over ten weeks. It has recovered notably since yesterday but is still down 17% weekly. Before this week’s crash, Litecoin maintained a sideway movement for two months and briefly lost the key $70 […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 27) – LTC Sets To Continue Dip After A Short Break, Where Will It Head Next?
Litecoin advanced bearish this week and dipped to a new low after four months of trading. After witnessing a small recovery yesterday, it faced rejection and now looks ready to resume selling pressure on the day. Litecoin went through a series of reductions in the past weeks following a sell […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 16) – LTC Consolidates After Locating Support, Where Is It Heading Next?
Following a recent breakdown from a two-month wedge, Litecoin LTC found a solid support level and remained indecisive ever since. It showed signs of strength yesterday but there’s not enough volatility to reiterate actions. During last week’s drops, Litecoin lost grip above the important $82 support level to a new […]