Tag Archives: Litecoin

Litecoin’s hash rate made a significant contribution to investor confidence since September. LTC may experience some selling pressure now that it is overbought. There are heavy expectations regarding Litecoin [LTC] this year, especially with the upcoming 2023 halving. It appears that the market has already been preparing for a robust 2023, something which was evidentContinue reading “Litecoin is ready for strong adoption in 2023, thanks to these factors at play”

The Litecoin halving would happen later in the year, but there was no clear sign that there would be a repeat of previous cycles’ rally. Long-term LTC investors could be waiting for the event’s aftermath before selling for profit. After undergoing two halving events in 2015 and 2019, respectively, Litecoin [LTC] would go through itsContinue reading “Why Litecoin’s 2023 halving may not repeat its historical rally”

Litecoin’s hashrate reached a new all-time high. The network processed its 140 millionth transaction. Metrics strongly suggested a bullish advantage while the technical indicators were bearish. Litecoin [LTC] has been in the limelight for quite some time due to its increasing hashrate. Recently, a major update was revealed by the Litecoin Foundation after its hashrateContinue reading “Litecoin hashrate hits another ATH, but what about LTC’s price?”

Litecoin gained recognition in terms of transaction activity, which made it ideal for fast-paced trading. Assessing LTC’s potential for a good short trade as it swings within a 2-month range. Litecoin [LTC] turned out to be one of the best-performing cryptocurrencies in Q4 2022. The cryptocurrency will likely maintain this trend in Q1 2023 accordingContinue reading “Litecoin garners second spot in the list of most traded cryptocurrencies on BitPay”

Litecoin monthly use in a year increased by over 109%. LTC has been on an uptrend, with over a 6% increase in value in the past 48 hours. Litecoin [LTC] saw a remarkable price surge that began as 2023 concluded. In addition, Litecoin recently declared that its monthly use had climbed by over 100% inContinue reading “Litecoin surges in percentage of monthly users in a year: Can LTC rally? “

Litecoin processed 39 million transactions in 2022 It saw over 50 million unique wallet addresses, however at press time, LTC lost more than half of its value   Litecoin [LTC], the decentralized, open-source cryptocurrency network closed the 2022 trading year with over 39 million transactions completed on it. The Litecoin Network completed over 39 million transactionsContinue reading “Assessing why LTC whales stood on thin ice despite Litecoin’s 2022 performance”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion LTC had a price pullback at $68.23 LTC could face further rejection in the $68.89-$69.55 area if it moves above $68.23 TradingView’s four-hour chart showed that Litecoin [LTC] had rallied since 29 December, withContinue reading “With Litecoin steady at $68.23, can the LTC bulls breach this critical resistance?”

Whale activity on the Litecoin network increased tremendously. In fact, mining profitability and hasrate increased too, however, the MVRV ratio declined. According to data provided by Santiment, it was observed that the number of whale transactions made on the Litecoin network had increased in the last half of December.  Read Litecoin’s Price Prediction 2023-2024 TheContinue reading “Litecoin investors needn’t worry because ‘all’s whale that ends whale’”

Messari ranked LTC as the second most active blockchain.  Litecoin also became one of the top Christmas gainers.  Litecoin [LTC] recently made it to the news after it was ranked second in terms of the most active chain in the last 24 hours. This was good news as it somewhat reflected LTC’s consistency in overallContinue reading “Litecoin: Factors that played a crucial role in LTC’s performance last week”

Litecoin ranked fourth out of the projects that displayed excellent health in 2022 The LTC momentum was decisive based on technical indicators  Despite the unfavorable market conditions in the whole of 2022, Litecoin [LTC] was able to meet up with the Galaxy Score top rankings, LunarCrush disclosed. The Galaxy score is a ranking made upContinue reading “LTC investors waiting to make a move have reasons to hold their ground because…”

LTC’s bears had leverage in the market. Its price could drop below $64.67. A move beyond $68.35 would invalidate the forecast. Litecoin (LTC) has faced several price rejections at the $80.24 level since late November. In particular, the $76.72 level saw the highest traded volumes, as indicated by the Volume Profile Visible Range (VPVR) indicator. Continue reading “Long-term Litecoin [LTC] investors can profit from these levels if BTC…”

Litecoin maintained healthy transaction growth despite bearish performance. However, its low weighted sentiment was evidence of the fact that LTC may not have a strong recovery. On 19 December, the Litecoin Foundation announced that it processed over one million transactions within the last 10 days. This meant that the blockchain had processed a total ofContinue reading “Litecoin adds 10 million transactions in 10 days, what does it mean for LTH?”