Litecoin has been relatively calm for three days following a sharp rejection from a four-month dip in the mid-week. The price is down by 10% weekly, but whether it will continue to drop is unknown yet. After testing a multi-month high of $79.69 last December, Litecoin exhausted buying pressure and […]
Tag: litecoin
LITECOIN PRICE ANALYSIS & PREDICTION (January 2) – LTC Quickly Lost Buzz After Almost Testing $76, What Happened?
After ending last year in red, LTC found support and bounced off a key level to start the new year on a strong note. But it quickly lost buzz and now looks weak on a daily outlook. It lost 1% in the last 24 hours. Litecoin went through some hurdles […]
LITECOIN PRICE ANALYSIS & PREDICTION (December 24) – LTC Remains Indecisive Amid Altcoins Rally, No Enough Volume?
As larger-cap cryptocurrencies end the year on a strong rally, Litecoin remains weak and is yet to initiate a major buy from its monthly low. A dip below the current low might put the asset in a serious bearish condition. Since Litecoin crashed to a yearly low of $56 in […]
LITECOIN PRICE ANALYSIS & PREDICTION (December 12) – LTC Poises For Fresh Surge As Bitcoin Calms, Targets August’s High
As Bitcoin temporarily paused its rally, Litecoin showed strength and posted a small gain today. This led the bulls back on track with a total of 12% gains in three weeks. Currently, it appears gearing up for a surge. Litecoins’s volatility has been a bit low for the past few […]
Litecoin Whales Maintain Positions Amidst Declining Small Wallet Activity In The Last 10 Days
Recent insights from market intelligence platform Santiment have shed light on a notable trend in the Litecoin (LTC) market. Small wallet addresses, holding micro amounts of LTC, have seemingly reduced their involvement with the digital asset. ⚡️ Approximately 199K wallets that held $LTC 10 days ago, no longer hold any […]
LITECOIN PRICE ANALYSIS & PREDICTION (November 12) – LTC Lags Amid Latest Surge, Possible Breakup Ahead
As most altcoins witnessed a serious surge throughout this week, Litecoin remains indecisive after recovering by almost 25% in a month. The trend still looks bullish as it traded well above the $70 level. Amongst other cryptocurrencies, Litecoin appeared lagging in the latest surge in volatility. However, it has seen […]
LITECOIN PRICE ANALYSIS & PREDICTION (November 4) – LTC Slowly Builds Up For A Massive Rally, Up 4% In A Week
Last month saw Litecoin through a slight breakout after finding solid ground. It encountered resistance, fell sharply and remained in a consolidation phase ever since. Now building up for a massive explosion. After mounting new support above the $60 level in October, LTC recovered well and broke out to $73. […]
Three Key Subjects To Watch: Curve, RWA, And The Litecoin Halving Price Performance
As the week approaches its end, it is crucial to closely monitor polarizing topics that could significantly impact the financial markets. Three key subjects stand out: Curve, RWA, and the Litecoin halving price performance. Curve, a decentralized exchange protocol, has garnered attention due to its innovative nature and potential to […]
Historically Litecoin Halving Event Price Expectation And Prediction
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 […]
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 […]