Tag Archives: Litecoin

Litecoin’s [LTC] hashrate clinched an all-time high of 531.4427 TH/s on 22 September as per data from CoinWarz. In the last 30 days, data from Santiment also showed that LTC ranked third on the list of cryptocurrency assets with the most daily active addresses. With 269,540 daily active addresses in the last month, LTC came afterContinue reading “Litecoin’s ‘daily active addresses surge’ has these tips for intraday traders”

Litecoin [LTC] has been making improvements to its existing technology for quite some time now. In line with the same, the blockchain recently announced an MWEB feature that would allow users to make confidential transactions.  MWEB is now live on #Litecoin Street! MWEB is an upgrade that gives users a new opt-in feature – confidentialContinue reading “Will Litecoin’s new update improve its chances of winning the PoW race”

Litecoin [LTC] witnessed considerable growth on the price front over the last three months. The altcoin also showcased a positive move in the crypto mining space. Interestingly, it has been consistently improving its hashrate and mining profitability.  A growing hashrate for any proof of work (PoW) network indicates strength and security for the blockchain. AsContinue reading “Litecoin’s key PoW metric has some tips for LTC’s long-term holders”

Litecoin [LTC] has been in a volatility bondage. This was the opinion of John Bollinger, renowned analyst, and inventor of the famous indicator, Bollinger Bands. Speaking in anticipation of the 2022 Litecoin Summit, Bollinger noted that LTC had been stuck in extremely low volatility regions for five months. He also pointed out that there wasContinue reading “Will Litecoin [LTC] breakout after this analyst claims it has been held prisoner”

The project behind the infamous MimbleWimble upgrade, Litecoin [LTC] recently saw its hashrate hit a new all-time high (ATH). According to data from OKLink, the hashrate ATH of 511.56 TH/s was logged on 22 September.  Trading at a price level that was 87% from its ATH, LTC’s press time price was representative of a declineContinue reading “Here’s the full state of Litecoin’s [LTC] market since the MW upgrade”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Litecoin [LTC] surged to $66 last week but faced a brutal rejection above the range highs. At the time of writing, the price had slipped below the mid-range mark at $53.9 as well. InContinue reading “LTC short-term ambitious traders looking for profits can target $49-$50 range”

Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from asContinue reading “Litecoin: Does the ETH Merge have anything to do with the surge in LTC’s hashrate “

Litecoin (LTC)’s bullish activity has risen since the start of the month. It managed to recover back above $60 after ending August on a bearish note. On the contrary, however, new observations seem to indicate that it might be about to experience another slip below the $60-level. Litecoin is one of the few cryptocurrencies thatContinue reading “Litecoin [LTC]: What does this metric tell us about miners’ incentive to sell”

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and oneContinue reading “Litecoin on a knife’s edge; should investors wait for mid-week clarity”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Coinglass data showed $364 million worth of liquidations over the past 24 hours. This came in the wake of a 7% drop in Bitcoin’s [BTC] price within the past day. Litecoin [LTC] followed in theContinue reading “Litecoin [LTC]: Your take-profit targets can be a revisit of this area”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin [LTC] has not seen a large amount of volatility in recent weeks, relative to the rest of the altcoin market. The past month saw LTC range between $52 and $64, a modest 22% priceContinue reading “Litecoin traders going short must consider LTC’s inability to break past this level”

Litecoin [LTC], which is often regarded as an underdog, displayed a commendable performance last week as compared to other market players.  Interestingly, Litecoin was featured in the ‘Top 5 Altcoin’ list published by the Evening Standard, which definitely adds more value to the blockchain.  '2022’s Top Five Altcoins' – @EveningStandard https://t.co/VuTNfZCjb6 — Litecoin (@litecoin) SeptemberContinue reading “Not XRP, SHIB but this alt can be your choice for diversifying portfolio”