Tag Archives: Litecoin

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The movement of Litecoin on the price charts has a +0.96 correlation (30-day) with the movement of Bitcoin. This meant that the bullish phases of Bitcoin would also see price appreciation for Litecoin. Yet, whileContinue reading “LTC flips structure to bullish but why the macro trend is still bearish”

Litecoin price shows a bullish breakout from a consolidation pattern that has formed over the past three months or so. Investors can position themselves long and await a massive run-up in the near future. Bulls to trigger exponential run-up Litecoin price action from 14 December, 2021, to 24 March, 2022, set up three distinctive lowerContinue reading “Litecoin holders are in for a treat as LTC fractal forecasts a 45% ascent”

As far as cryptocurrencies go, Litecoin [LTC] arguably mastered the art of staying on the fringes and minding its own business. Now, it seems things are changing as LTC’s recent stats and performance have earned it a good amount of attention from the industry. Go Lite on the drama That being said, a trader shouldn’tContinue reading “Is Litecoin really on its way up, or is the hype machine going out of control”

In an interesting turn of events, the NEAR protocol token has shot up by 15.06% over the last day to take Litecoin’s #19 position. NEAR pushes Litecoin FAR away The rise in its market cap was the result of two factors- smaller supply, and a strong rally. There is just one billion NEAR in totalContinue reading “Assessing how NEAR flipped Litecoin with its recent rally”

Take a look at your crypto portfolio. How many of your assets are part of the top 100? If the answer is “a lot,” there’s one metric you really should be following right now: whale transactions. Call me Ishmael According to an analysis by Santiment, whales were going into a feeding frenzy as they rackedContinue reading “Litecoin, AXS: Insights from watching the whales feed on these assets”

Even though Litecoin hasn’t been the most-favored cryptocurrency, it has performed decently on the price chart. In fact, regulators and merchants across the globe have held it in high esteem. Moshi Moshi Litecoin Earlier this week, Japan-based news agency Nikkei reported that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) would be releasing aContinue reading “Litecoin rallies by 27.54%, thanks to Japan’s…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Candlewicks on daily charts into an area of former supply, currently demand zone can see a bullish impulse move away from the liquidity pocket. Such a scenario could be brewing for Litecoin on the dailyContinue reading “Going long on Litecoin might be a good idea if it touches these lows”

Santiment, Glassnode, Nansen, Messari, DeFi Llama – which one do you like best for gathering data about crypto-assets and their metrics? While some minor differences in stats can be expected between these platforms due to diverse ways in which they measure blockchain data, one platform has come under the microscope for the way it isContinue reading “Do Messari’s transaction volumes for Cardano tell us the whole story”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin has had a similar number of active users each day over the past three months. And, this number has stayed in the 300k to 400k area. Transaction volume on a daily basis has alsoContinue reading “Litecoin investors can see demand at this range, but will it alter the trend”

Although external market factors will always influence the price action of assets and the crypto market, reliance on the price trends could guide one towards a more profitable outcome, which seems to be the case with Litecoin at the moment.  Litecoin to drop further? Analyzing price patterns have brought forth an interesting observation. Litecoin hasContinue reading “Data points to a good shorting opportunity in this coin ahead of a near 50% drop”

Disclaimer: The findings of this analysis are the sole opinions of the writer and should not be considered investment advice Litecoin bears took a firm stand at $143 in the past few weeks and the price has once again fallen below the $110 area. The market structure on the higher timeframes was bearish, and it lookedContinue reading “Invested in Litecoin? Know what to expect from the current market structure”

Cardano’s blockchain continues to make progress, despite a few headwinds over the years. However, why isn’t the native token ADA reciprocating the same trend? Well, that’s something many in the community are wondering about as well. This is blowing up  #Cardano just surpassed $LTC and $ETH in transaction volume. Are you bullish on $ADA? —Continue reading “More milestones for Cardano; Can ‘built for purpose’ ADA hold out”