Tag Archives: Litecoin

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A recent report highlighted that the daily transaction count on the Litecoin network has been pretty much the same as three months ago, standing at just over 100k. Similarly, the active address count has alsoContinue reading “Assessing if Litecoin [LTC] is targeting $50 as its next stop”

Although it’s not a frontrunner in the market, Litecoin is known for being ever-present at all times. Its significance is drawn from its minimal yet expansive use cases that keep it relevant. To date, investors continue to bank on those use cases for recovering their losses. Litecoin finds a new audience Yesterday, Litecoin became theContinue reading “Litecoin’s new low and a 7% hike – A classic case of…?”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Earlier this week, the MimbleWimble upgrade was announced for Litecoin and the price had zero bullish reaction to this news. This is actually a common feature of bearish markets, where fear moves the price andContinue reading “Litecoin [LTC] investors could watch out for these levels in weeks ahead”

Litecoin suffered a major blow to its price action in the last five days courtesy of a massive FUD-induced sell-off. It dropped as low as $74 for the first time since December 2020, but the dip provided a nice discount for those looking to ride the recovery wave. If you are among those who purchasedContinue reading “Litecoin [LTC] investors should watch out for these short-term price levels”

Following years of development and an initial announcement made in February this year, Litecoin, on 3 May announced that its major update MimbleWimble (MWEB) has been locked in for activation. Lead developer, David Burkett confirmed that the process of update will be completed over the course of 2 weeks. The MimbleWimble upgrade is expected toContinue reading “Litecoin [LTC]: Post MimbleWimble upgrade, will there be ‘lite’ at the end of the tunnel”

While ups and downs are part of a cryptocurrency’s trajectory, the broader momentum is usually poised to be positive, albeit a market crash takes place. But that is not the case with Litecoin. Litecoin is not going up… The altcoin’s fixed trajectory is downwards as ever since it marked its ATH in May, the coinContinue reading “Litecoin: Amid unprecedented losses over past two years, LTC’s future looks…”

As it appears to be, cryptocurrency investors nowadays are just looking for an opportunity to jump into the space. And, for the same reason ‘buy the dip’ and stacking sats, seem to be trending every time Bitcoin’s price has dropped over the last two months. This time as well, the same situation is developing asContinue reading “Can Litecoin [LTC] invite investors’ attention amid ‘buy the dip’ call”

Litecoin has been trading at a discount from its previous ATH just like many other cryptocurrencies. However, LTC’s latest performance puts it in oversold territory especially now that it has dipped its toes below $100 once again. Litecoin traded at $389 at its peak in May 2021 and has not managed to rally back toContinue reading “Litecoin: Amid heavy selling pressures, indications point at a possible 60% rally”

Litecoin has been in a strong correction phase this month like many other top cryptocurrencies after the March rally. However, LTC attempted a recovery rally post 12 April last week, but it was short-lived as the bearish market conditions during the weekend subdued its bullish run. LTC traded at $110.93 at the time of writingContinue reading “Is Litecoin lit with MVRV, whales, demand zones showing unbridled ambition”

One of the first proper alternatives to Bitcoin, Litecoin has amassed a huge following all across the crypto-community. While never as popular as BTC, LTC has carved a niche for itself, with its price valuation reflecting the same as well. Attractive valuations? Like most altcoins, Litecoin registered an incredible price rally too. Towards the beginningContinue reading “Litecoin [LTC]: What is a ‘good time’ to buy into the altcoin”

In an interesting turn of events, Litecoin holders exhibited a surprising change in their behavior when the more affluent cohorts suddenly became active around the last couple of days. Now regular activity isn’t unusual since it is obvious for them to move their LTC holdings around, but the sudden random spikes do raise questions. LitecoinContinue reading “Litecoin: Why richer holders are moving around LTC all of a sudden”

Litecoin, although it may not have been the preference of every investor, it has still been one of the altcoins in the market with the highest rate of adoption. And since that is all Litecoin has to offer, given the absence of DeFi capabilities, adoption is precisely what will save the coin from vanishing outContinue reading “Can Litecoin [LTC] recover on the back of demand amid strong headwinds”