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A popular crypto analyst is forecasting potential surges for Bitcoin (BTC) and peer-to-peer payments network Litecoin (LTC). Pseudonymous crypto strategist Loma tells his 282,300 Twitter followers that he believes Bitcoin will eventually take out resistance at around $28,800.
Litecoin (LTC), one of the oldest and most well-known cryptocurrencies in the market, has been gaining momentum lately. Currently trading at $93.91, many crypto enthusiasts are speculating about its potential to reach a staggering $1,000 in the next bull run.
Litecoin price analysis is bullish today as the market is seeing a strong influx of buyers. The price has risen from $92.30 to $92.35 in the past 24 hours, which marks a 14% increase.
The gains in cryptocurrencies have been broad-based and have only been helped by the recent crisis in the traditional banking sector. With lenders in the U.S. and Europe failing, digital coins and tokens suddenly appear a little less risky to investors.
Dogecoin rose to its highest point in over a week, as Elon Musk requested that a lawsuit filed against him by investors in the meme coin be dropped. The suit claims that Musk operated a pyramid scheme, following his endorsements of dogecoin. Litecoin was another token to climb on Saturday.
Signs of easing inflation could push Bitcoin and select altcoins above their respective overhead resistance levels in the short-term.
Buyers are not going to give up, according to the CoinMarketCap ranking.
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Litecoin. Ethereum (ETH) Ethereum decided to range this week and booked a slight loss of 1.4%.
The study of the Litecoin price analysis reveals a price drop. The LTC/USD combination began the day with a bullish recovery, but later in the day, the bears resumed the correction process.
Litecoin price analysis indicates that the LTC price has been bearish for the past 24 hours; however, the past week has seen some positive movement. There has been a significant decline in the price, which is now trading below the $89.18 level at the time of writing.
Axie Infinity (AXS), Celo (CELO) and Litecoin (LTC): how are their respective crypto assets performing? Are bullish or bearish phases expected? Below you will find an in-depth look at their analysis.
Litecoin started a steady increase above $85 against the US Dollar. LTC price is now trading above $88 and the 55 simple moving average (4-hours).
The Commodities Future Trading Commission (CFTC) thinks Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) are all securities, according to a new complaint.
The recent Litecoin price analysis has been trading on a bullish pattern as the coin recovered from its recent low of $86.37 and rose steadily above the $90.00 level. The bullish bias in the LTC/USD pushed the price to its high intraday of $92.88 before a pullback.
Bitcoin and select altcoins are close to breaking out of their overhead resistance levels, indicating that bulls remain in control of the crypto market.
The price of Litecoin (LTC) has crossed the moving average lines, signaling a rise.
Trading actions over the last seven days were some of the most volatile. We noticed that most cryptocurrencies saw notable increases at the time.
One of the biggest beneficiaries of the bull cycle of 2023 has been Litecoin [LTC]. The coin of the proof-of-work (PoW) chain has logged gains of over 28% on a year-to-date (YTD) basis and nearly 12% over the last seven days of trading, data from CoinMarketCap showed.
Litecoin (LTC) has slipped below $90 in another futile approach at the $100 milestone. Will LTC lose the $80 support again?
The Commodities Futures Trading Commission (CFTC) has declared ethereum and litecoin to be commodities, in addition to bitcoin.
Given the sharp decline in price, the most recent study of the Litecoin price analysis indicates a bearish trend. LTC/USD's value has decreased over the last few hours to $86.51 as bears were unable to establish support.
Though there is a regulatory gloom over the digital currency ecosystem today, Litecoin (LTC) seems unperturbed by what the future holds in this regard, per its current classification by the United States Commodity Futures Trading Commission (CFTC).
Litecoin was deemed a commodity today in a CFTC lawsuit filing against Binance. With the altcoin now potentially safe from further scrutiny from the SEC, a new digital silver narrative could take shape.
Litecoin price analysis shows a strong bearish trend in the LTC market. The bearish trend recently saw the LTC/USD pair dive to a low of $88.40 from an opening price of $92.83.
