Ranked as the #20 cryptocurrency asset with the largest market capitalization, the past few months have been marked by a rally in the price of Litecoin [LTC], data from Santiment revealed. According to the on-chain analytics platform, the LTC/BTC trading pair has seen a surge in its price in the past few months. Since bottomingContinue reading “Litecoin decouples from the rest of the market, should you go long on it?”
By Abiodun OladokunTag Archives: Litecoin
Good news came for the Litecoin [LTC] NFT ecosystem as it witnessed growth over the last few days. Santiment’s data revealed that not only did LTC’s total NFT trade count register an uptick, but it’s NFT trade volume in USD also increased. This development was valid as LiteVerse, Litecoin’s first NFT marketplace, announced a partnershipContinue reading “Litecoin [LTC]: Good news on the NFT front, but here’s the ‘but’ of it all”
By Saman WarisMiners seemed to have a greater interest in LTC after its recent price pump as the network’s hashrate registered an increase. Miners were looking to capitalize on the bullish market because higher prices could mean higher mining profitability. Interestingly, LTC’s metrics and several market indicators revealed that miners wouldn’t be disappointed in the coming month.
By Saman WarisAmidst the current bearish market condition, Litecoin which is often referred to as the silver to Bitcoin’s gold didn’t fail to bring joy to its investors. The altcoin registered massive gains over the last seven days. Here’s AMBCrypto’s Price Prediction for Litecoin for 2023-24 More good news came in for LTC when the coin wasContinue reading “Litecoin [LTC] outperformed Bitcoin [BTC] in this factor”
By Saman WarisDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin shows a distinct lack of trend Buyers can wait for a move to the range lows, but Bitcoin could complicate matters Litecoin continued to trade within a range, as it has for the pastContinue reading “Litecoin: Buy low, sell high, and a gain a profit may not be LTC’s route this quarter “
By Akashnath SThe week so far has been marked by a significant spike in Litecoin’s [LTC] address activity and whale transactions, according to the data from Santiment. Whale transactions valued above $1 million clinched their highest daily count so far this year during the trading session of 20 October. ⚡️ #Litecoin has been quietly under the radarContinue reading “Litecoin’s whale transactions spike, but what could it mean for retailers”
By Abiodun OladokunDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The higher timeframe structure remains bearish for Litecoin Reaction at the $52 zone could reveal the path forward Litecoin [LTC] has faced resistance at the $55 mark since mid-September when the price crashed from $58Continue reading “Litecoin sees strong selling pressure but defends $50, what next for LTC”
By Akashnath SLitecoin [LTC] had some good news to share with the crypto community as it mentioned that LTC had zero downtime in over 11 years of its existence. This represented the reliability of the blockchain. Moreover, Litecoin also marked its 11th birthday, which in itself was a commendable achievement. #Litecoin has zero downtime in over 11Continue reading “Litecoin’s celebrations may cut short thanks to this event gate-crasher “
By Saman WarisDisclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin rejected multiple times at $53.8 resistance in recent weeks A move below $50 could hearten the bears The USDT Dominance metric saw a sharp pullback on 13 October, but it has quickly made upContinue reading “With Litecoin unable to break the $54 resistance, is a 10% drop imminent”
By Akashnath SLitecoin has been tremendously growing in its popularity. It has been striving and pushing hard for the adoption campaign, mainly after the MWEB upgrade. Now, consider one of the latest news, for instance- Google Cloud is all set to enable customers to pay for its cloud services through a few cryptocurrencies. And, Litecoin is oneContinue reading “Will Google help Litecoin [LTC] pass its near-term bearish hurdles”
By Saman WarisLitecoin’s [LTC] miners remained profitable despite LTC’s price witnessing a downfall since the last 30 days. Furthermore, regardless of LTC’s declining volume and market cap, there may be potential for LTC to grow. Here’s how… __________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Litecoin [LTC] for 2022-2023 __________________________________________________________________________________________ Let there be “LTC” According to CryptoCompare, a website dedicatedContinue reading “Litecoin: Bears may be out for a meal, but LTC could have these tricks up its sleeve”
By Saman WarisLitecoin [LTC] had a difficult seven days, as the cryptocurrency couldn’t perform as per investor expectations. The alt registered a mere 1% seven-day gains. According to CoinMarketCap, LTC at press time, was trading at $53.39 with a market capitalization of more than $3.8 billion. In an interesting revelation, CRYPTOWZRD, a popular crypto analyst, pointed outContinue reading “Can Litecoin’s latest developments make LTC an investor favorite in Q4”
By Saman Waris