Despite a 4% decline today and a 7% drop over the past week, Litecoin has experienced a significant increase in network activity. Over the past week, Litecoin averaged approximately 704,000 unique addresses interacting on the network, a substantial rise from the 345,000 addresses averaged throughout May. This more than doubling […]
Tag: litecoin
Litecoin Dips Below Key Support Level, Potential For Brief Price Spike Amid Downtrend
Litecoin (LTC) experienced a sharp decline, tumbling 11% on Friday and closing with a 4% loss, dipping below the crucial $83 support level. Despite this downturn, there may be a brief spike in price within the overall downtrend, potentially correcting to the $83 range. 📉 #Litecoin tumbled 11% on Friday, […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 8) – LTC Signals Bearish Amid Latest Dip, Breaks Down From a Wedge
As expected last week, Litecoin initiated a surge yesterday and dropped below a wedge pattern, confirming a bearish pennant breakdown on the daily chart. it appeared weak and now follows a bearish sentiment. The last two months of trading have been an interesting period for LTC as it regained momentum […]
LITECOIN PRICE ANALYSIS & PREDICTION (May 31) – LTC Bounces Off This Wedge’s Support After A Test, Signals Fresh Buy
Amid the ongoing indecisiveness in the market, Litecoin LTC went through a small reduction and slipped to a two-week low. Fortunately, it found a key support level yesterday and is now slowly bouncing back. Looking back from where Litecoin started to regain strength last month, it has posted a nice […]
LITECOIN PRICE ANALYSIS & PREDICTION (May 13) – LTC Signals Bullish But Not Clear Enough Due To Low Volatility
Despite a month’s bounce back from a correctional phase, Litecoin LTC is still trading in a bearish zone as it struggles with volatility. Although it shows signs of bullish, but not clear enough to initiate an entry. During last month’s recovery across the crypto space, LTC managed to stay above […]
LITECOIN PRICE ANALYSIS & PREDICTION (April 28) – LTC Struggles To Increase Amid Low Liquidity, Big Move Lies Ahead
Following this month’s global market meltdown, Litecoin LTC found support some weeks back and slowly climbed back as it experienced low volume inflow. While struggling to push higher, it encountered resistance and lost 5% today. Despite facing a lot of hurdles in the past two weeks, LTC appeared to be […]
LITECOIN PRICE ANALYSIS & PREDICTION (April 12) – LTC Finds Support But Yet To Regain Strength Due To Low Buying
Litecoin showed sign of strength yesterday but the price seems to be down today following 2% drops overnight. However, it has found support daily but the volume is not strong enough activate a buy. Starting this month on a weak note due to the recent bearish sentiment in the market, […]
LITECOIN PRICE ANALYSIS & PREDICTION (April 3) – LTC Remains Bullish Amid Latest Drops But Appears Down On The Day
Losing 6% overnight, Litecoin is currently in the red due to the ongoing bloodbath in the crypto space. Despite that, the price is still looking strong and its short-term outlook remains bullish on the daily chart. After moving out from an accumulation phase in the past month, Litecoin increased significantly […]
LITECOIN PRICE ANALYSIS & PREDICTION (March 27) – LTC Bounces Stronger After A Key Retest, Bigger Moves Lie Ahead
Last week, Litecoin completed a break and retest pattern after losing momentum in the mid-month. It bounced stronger and now faces a crucial mark level. The bulls are back, negotiating for higher ground. Following the recent bounce off $77 in the past week, Litecoin advanced buying and managed to close […]
LITECOIN PRICE ANALYSIS & PREDICTION (March 21) – LTC Retests Key Level After Breakout, Possible Rebound Ahead
Litecoin appeared bearish again following a recent break out of a crucial resistance level to a multi-month high. However, it has found support and bounced slightly but there’s not enough volume to bring the bulls back. The early month break out from an accumulation phase saw Litecoin’s price increase above the […]
LITECOIN PRICE ANALYSIS & PREDICTION (March 12) – LTC Retraces Below $100, Locating Solid Level For A Rebound
After moving out from an accumulation phase in late February, Litecoin advanced bullish and tapped its highest level in eight months. It retraced and currently looks for a solid level. It is expected to resume bullish soon. Prior to the latest surge in volatility, Litecoin was trapped under $80 as […]
LITECOIN PRICE ANALYSIS & PREDICTION (February 24) – LTC’s Contraction Continues: When Will It Break Out Of This Tight Range?
Litecoin is in red again due to recent price rejections. It has lost 2% in a week while finding a key level to initiate a fresh buy. However, it remained in a long tight range, gathering liquidity for big price movement. The $60 and $80 levels have become a tight […]
LITECOIN PRICE ANALYSIS & PREDICTION (February 16) – LTC Remains Trap In A Tight Range As It Looks For A Break
Litecoin continued to gather volatility as it slowly built up for a massive surge. While it remains in an accumulation phase on the daily chart, it has posted 10% gains in the past week and now faces a minor resistance. The past six months have been a tough moment for […]
Litecoin Rebounds Above $70, Potential Bullish Run Ahead
Litecoin (LTC) has shown signs of resurgence, climbing back above the $70 mark for the first time since January 22nd. Currently trading at $71.22, LTC has recorded a notable 3% gain in the past 24 hours. ⚡️📈 #Litecoin has had a mild emergence, rebounding back above $70 for the first […]
LITECOIN PRICE ANALYSIS & PREDICTION (February 8) – LTC Remains Trapped Despite Recent Gains, Can It Break Above This Crucial Resistance?
Litecoin has shown little strength following the latest surge in Bitcoin’s price but it is still finding it difficult to push above its two-week high. An increase above $80 should bring the coin out of its short-term bearish phase. After rolling back to its local bottom in January, Litecoin saw […]
LITECOIN PRICE ANALYSIS & PREDICTION (January 28) – LTC Remains Under Bears’ Radar But Showing Signs Of Strength In The Latest Price Recovery
Litecoin appeared bearish on the daily chart but has seen little increase in the last 24 hours. After days of consolidation, it found support and now tries to recover some loss. Trading volume currently appears low. This month has been quite horrible for Litecoin following a price crash near the […]
LITECOIN PRICE ANALYSIS & PREDICTION (January 22) –LTC Holds Above $70 In Preparation For Fresh Break, Where Next?
Litecoin went through a serious fluctuation this month but has managed to stay above a key level following a notable recovery in the last few hours. It currently looks bullish and at the same time poised for an increase. During the recent bullish rally, which led most altcoins to a […]
Litecoin ($LTC) Sees Positive Momentum With 5.5% Gain Amid Spot ETF Excitement
As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, […]