Historically speaking, Litecoin’s price has increased significantly after each halving event. The first halving on August 25, 2015 saw the price of LTC increase by 13,900%, while the second halving on August 5, 2019 saw the price increase by 1030%. Historical Halving Events 2015 LTC Halving: The first LTC halving […]
Tag: litecoin
More Litecoin Addresses Holding At least 100 LTC Are Created Ahead Of The Halving Event
The upcoming Litecoin halving on August 2nd has generated heightened trader enthusiasm and interest in the cryptocurrency market. As the event draws nearer, more investors and traders have become aware of its potential impact on Litecoin’s supply dynamics, leading to a notable increase in the creation of new addresses holding […]
LITECOIN PRICE ANALYSIS & PREDICTION (July 12) – LTC Remains Indecisive After Pulling Under $100, Can it Bounce Back?
Litecoin found support after pulling back from its yearly high in the past week. But it is yet to regain momentum due to low trading volatility. However, its mid-term bullish remains intact on the weekly scale. After taking off at $71` last month, Litecoin went through several hurdles and suddenly […]
Litecoin Leads Crypto Payment Ahead Of Halving Event: Reason, Implications And What Next?
Litecoin’s recent achievement of becoming the top cryptocurrency for payments on BitPay, the world’s largest crypto payment processor, is a significant milestone for the digital asset. This accomplishment demonstrates Litecoin’s potential as a practical and widely adopted means of conducting transactions in the crypto space. Litecoin Overtakes Bitcoin The fact […]
Few Things To Pay Attention To In The Lead-up To Litecoin’s Halving
The next Litecoin halving is scheduled to occur on August 2, 2023, that’s barely 37 days to go from today. This event will reduce the block reward for Litecoin miners by 50%, from 12.5 LTC to 6.25 LTC. Halvings are a significant event in the Litecoin ecosystem, as they have […]
Litecoin Price Analysis & Prediction (June 2nd) – LTC Continues to Foot Bullish, Builds up For a Potential Break
As most altcoins dropped to their bottom following past months of bearish, Litecoin remained bullish and continued to show signs of strength. It has gained almost 13% in a week. The price of Litecoin has continued to increase over the past few weeks following a bullish formation on the daily […]
Litecoin Price Analysis & Prediction (May 15th) – LTC Loses 30% Following a Bearish Pattern, Can it Crack This Long Channel?
Litecoin formed a double-top pattern on April 18 and started to lose momentum from $103. So far, it lost almost 11% in a week and now finds a solid support level to contain the ongoing selling pressure. Due to the sudden sell-off that hit the market in mid-April, Litecoin failed […]
Litecoin Price Analysis & Prediction (April 25th) – LTC Attempts to Bounce at Support, Possible Head & Shoulder Formation in Play
Litecoin took a heavy downturn a few days ago after facing a critical resistance zone. The forming H&S pattern could activate a parabolic move if the price recovers above $100. In March, Litecoin recovered from a deep correction and gained traction. It reclaimed several resistance levels on the way up […]
Bitcoin, Litecoin Halving And Potential Effects
Bitcoin and Litecoin are some of the top popular cryptocurrencies in the world, and their prices are influenced by a variety of factors, including supply and demand. One significant event that can affect the price of these digital assets is the halving event, which occurs roughly every four years. In […]
Litecoin Price Analysis & Prediction (Mar 13th) – LTC Extends Bearish After Cracking Crucial Support, No Sign of Recovery Yet
Litecoin continues to roll down after finding it difficult to extend bullish in February. The recent crackdown has confirmed more bearish play for the 13th best-performing crypto by market cap. The rate at which altcoins are bleeding out has been somewhat worrisome over the past month. Litecoin is not left […]
Litecoin Price Analysis & Prediction (March 6th) – LTC Gears up For a Fresh Rally, Monthly Bullish Trajectory Remains Intact
Litecoin continues to preserve past months of gains as it slowly recovers from its monthly support level. It could start a fresh rally with a double-bottom pattern spotted on the higher time frame. Litecoin’s price has recovered well following a series of gains over the past months. It rejected $105 […]
Litecoin Price Analysis & Prediction (Feb 13th) – LTC Loses 10% After Forming a Bearish Pattern, More Decrease Lies Ahead
Litecoin has posted a series of gains since the price started to recover in mid-2022. It marked a local top this week and lost momentum after reaching an extremely overbought. The price dropped to a new low. For the first time this year, Litecoin saw a sharp nosedive after recording […]
Litecoin Price Analysis & Prediction (Feb 5th) – LTC Encounters Solid Resistance After Charting 30% Gains in a Month
As expected, Litecoin witnessed rejections at a key resistance line after charting several gains in the past week. It will likely provide a big opportunity for short traders below $90. Litecoin was eyeing the $100 mark level a few days ago, but the rally stopped, and it suspended the target […]
Litecoin Price Analysis & Prediction (Dec 10th) – Bullish Momentum Halts After LTC Rejects $84, Sets For a Sell
The recent decrease in Bitcoin’s price has made Litecoin lose roughly 12% of its value this week. It is on the verge of retesting last week’s low due to a crucial support breakdown. LTC may slip back to $65 if the selling pressure becomes heavy. Litecoin is finding it difficult […]
Litecoin Price Analysis & Prediction (Nov 30th) – LTC Consolidates After Insane Gains, Holding $74 Level to Refuel Bullish Momentum
After an interesting two-week recovery above the $74 level, Litecoin fell and remained in consolidation for days. The bulls are now trying to defend this level to fuel another rally. How well they can hold it is yet uncertain. Litecoin appeared to be taking a break after it insanely returned […]
Litecoin Price Analysis & Prediction (Nov 24th) – LTC Activates Bull-Run Above $74, Will It Last?
The global market cap surged by 6% today, and Litecoin appeared to be enjoying the volatility flow as it returned an insane 30% profit over the past hours. This astonishing rally has put the coin amongst the 24-hour top-gainer in the market. Shortly after Litecoin formed the daily candle (at […]
Litecoin Maintains a Higher SegWit Adoption Rate Compared to Bitcoin
There are many different cryptocurrency networks that have integrated Segregated Witness technology over the years. Litecoin, while often overlooked by traders and investors, still boasts a much higher SegWit adoption rate compared to Bitcoin. It is always interesting to see how different crypto networks shape up compared to one another. […]
Litecoin Holders can Earn Interest Through the Edge Wallet
A lot of changes are coming to the cryptocurrency industry. Most of these developments are coming from within, as earning interest on crypto holdings is the main point of focus right now. Looking beyond simply buying and holding appears to be the narrative for crypto enthusiasts in 2020. Earning Interest […]