Tag Archives: Litecoin

Following broader market price trends of mostly just consolidation, coins such as Litecoin, Solana and Avalanche walked the same path. Litecoin moved towards its four-week low price of $160.58. Solana fell by 1.7% and moved closer to immediate support level of $140.91. Finally, Avalanche’s rally took a pause and declined by 1.9% over the lastContinue reading “Litecoin, Solana, Avalanche Price Analysis: 19 September”

Over the year, the crypto-verse has seen some major pumps and dumps driven by FUDs which have severely affected the prices of tokens. Heck, even Bitcoin was not spared the wrath of FUDs, let alone meme coins like Dogecoin and Shiba Inu. However, one alt that has shown some resistance to the same is Litecoin. Continue reading “These metrics paint a two-faced picture of what’s next for Litecoin”

When NFT mania took over the crypto-verse, the Internet was flooded with NFT references, success stories, and of course, a lot of hype. Over the last year, the crypto-community has seen the phenomenal rise of non-fungible tokens. In fact, the NFT market space grew by nearly 300% in 2020 while NFT sales volume rose toContinue reading “This is how NFT mania pumped Litecoin, MATIC, and other alts”

The last couple of days have been quite deterring for most alts. The market’s 17th largest crypto, Litecoin was no exception to the wider melancholy. After trading above $230 for a fair period of time last week, LTC’s price paid a visit to $162 on 7 September. However, the alt was quick to rebound fromContinue reading “These metrics show it’s possible for Litecoin to bounce back”

Ethereum has been trading sideways with a minor gain of 1.70%. ETH was eyeing its multi-month high of $4033.45.  Litecoin was also consolidating with a minor gain of 1.10%, with immediate overhead resistance at $ 194.13. Contrastingly, Avalanche dissociated itself from the broader market sentiments and rallied 21.06% securing an all-time high of $ 64.87.Continue reading “Ethereum, Litecoin, Avalanche Price Analysis: 12 September”

Most cryptocurrencies make use of market momentum and venture out on new journeys to meet the growing demand of the crypto-industry. Be it in the form of smart contracts or non-fungible tokens [NFT], clients’ rising demands have pushed Litecoin towards a decentralized token creation platform called OmniLite. As per Litecoin foundation’s official blog, OmniLite isContinue reading “Litecoin ventures into smart contracts, NFTs through OmniLite”

Certain altcoins took a bullish turn following Bitcoin and Ethereum’s upward movement. NEO logged an impressive 9.7% appreciation and was close to testing its immediate resistance of $65.71. Litecoin too gained by 6.8% amidst growing institutional interest. It could revisit $232.56 which is a multi-month high for the coin. Solana made minor gains while trading sidewaysContinue reading “Litecoin, Solana, NEO Price Analysis: 06 September”

Institutional interest in Litecoin is on the rise. While it is known as the “silver” to Bitcoin’s gold, that narrative is changing. It looks like Litecoin might be standing independently, since institutions and retail investors alike, are starting to see potential in it.  Grayscale Litecoin Trust (LTCN), after over a month, finally witnessed some gainsContinue reading “Institutional interest in Litecoin on the rise, Grayscale Litecoin Trust up by 32%”

During the recent rally, while the top coins, Bitcoin and Ethereum rose significantly, there were other altcoins that performed well in terms of both, network growth and price. Notably, some top alts such as Cardano and XRP offer a low investment option to market players. This is unlike other bigger players, Bitcoin and Ethereum andContinue reading “Are Cardano, XRP, Litecoin, Binance Coin the ‘low-investment, high-return’ alts you need in your portfolio”

After shooting up to an 11-week high of $191.8, Litecoin has slowed down on the charts. A horizontal channel was now in the thick of things as price oscillated between their upper and lower trendlines. From this point, a breakout in either direction was possible but sellers had the edge over proceedings. To outlast sellingContinue reading “How Litecoin can avoid a breakdown from this pattern”

Following the market-wide trend of consolidation, the altcoin industry also witnessed the same price sentiments. ADA, for instance, started to depict range-bound movement after hitting an all-time high, a few days ago. Litecoin recorded a minor dip of 3.3%, while eyeing the $161.90 support line as buying pressure lost strength. Lastly, VeChain remained consolidated withinContinue reading “Cardano, Litecoin, VeChain Price Analysis: 30 August”

Bitcoin Cash and Litecoin registered gains following the recoveries noted by Bitcoin and Ethereum. BCH gained a substantial 7.5% while eyeing the next price ceiling at $722.90. Litecoin, after recording a 2.7% increase, traded near its $180.87 resistance mark. Some altcoins, however, displayed consolidation on their respective charts. For instance, AXS declined 0.8% and exhibitedContinue reading “Bitcoin Cash, Litecoin, Axie Infinity Price Analysis: 29 August”