Tag Archives: Litecoin

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin was trading just beneath the $44.4k resistance level, but it appeared healthy enough to move toward $46k in the next few days. The reaction of Bitcoin at the $46k-$47k area could set the toneContinue reading “Litecoin finds support but here’s why an upward move may result in profit-taking”

After a multi-year period of anticipation and excitement, the Litecoin network has finally released its Mimblewimble update, steering the platform’s path towards becoming a fungible and payment-focused cryptocurrency. With MWEB as an opt-in feature, Litecoin will become the most fungible, cash-like, cryptocurrency in the space – warranting its position as one of the most usedContinue reading “Litecoin goes private with much-anticipated Mimblewimble integration”

Litecoin has struggled to break past the $163 level for the whole of December after the early December sell-off saw Litecoin drop from $200 to $140. At the time of writing, the market structure continued to be bearish. Even though Bitcoin was trading just above an area of support and could see a decent bounceContinue reading “Is Litecoin headed back toward $120 after failure to breach $150”

Litecoin climbed from $143 to $282 in October and November, but has retraced all of those gains and then some more since mid-November. The $143 level was expected to see demand step in once again. It did, but the bounce was weak and the price fell beneath the $143 level once again after the sellingContinue reading “Litecoin sinks below key area of support, but can it see a recovery at $110”

Even though Litecoin may not be one of the topmost cryptocurrencies by market cap, it still holds a lot of value for investors. However, with the active downtrend that interest might begin fading away soon. Litecoin in the dark Litecoin has a significantly higher rate of adoption when compared to most of the other altcoins.Continue reading “Litecoin repeating history will have this effect on its price action”

Bitcoin’s bullish momentum saw Litecoin climb in recent hours as well. On the charts, LTC has posted a 15% rise above the $143 lows to trade at $163.9 at press time, which was impressive. Litecoin bulls still have a long way to go before calls for $200+ can materialize. If bulls manage to establish $163Continue reading “For Litecoin, this would be the first step toward recovery”

Litecoin cemented itself as one of the major crypto assets in the world. Especially by placing itself in the top 20 spots. But there are still some doubts when it comes to a solid rise. Well, maybe it could be coming soon. There is hope for Litecoin  As an asset, Litecoin is not in theContinue reading “These developments bring hope of recovery rally for Litecoin investors”

Litecoin, one of the market’s oldest cryptos, has seen its own share of ups and downs over the years. More often than not, this altcoin has unhesitantly followed Bitcoin’s pre-carved footsteps. The last couple of days have been quite deterring for Bitcoin and most other large-cap coins. Litecoin wasn’t spared from the wider melancholy either.Continue reading “The A to Z of what Litecoin is missing and what it needs”

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by aContinue reading “Is Litecoin becoming the hub of FOMO among the older cryptos”

Litecoin, over the years, has managed to remain relevant despite the emergence of new altcoins in the space. Now, even though LTC might not be the top-performing coin today or even one of the most famous ones, its correlation to Bitcoin is what has kept people coming back to it. Ergo, the question –  HowContinue reading “Litecoin rallied, yes, but it needs this more than anything going forward”

The share of Bitcoin’s market capitalization as a percentage of the overall crypto market cap fell sharply this year. The fall in Bitcoin’s is the result of investors opting for altcoins, which also offer decentralized apps, non-fungible tokens and other relatively recent innovations. Now, one of the altcoins has attracted bullish projections analysts. Many evenContinue reading “Are investors better off placing their bets on Litecoin, altcoins rather than Bitcoin”

Litecoin projected a 100% upswing following a cup and handle breakout. A move above the Golden Fibonacci Zone would set LTC on course to a breakout target at $360 and another possible 50% surge at the upper sloping trendline. However, LTC might need to deal with a near-term correction before the projected rally as itsContinue reading “Litecoin braces for a 100% liftoff following cup and handle breakout”