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The cryptocurrency community is expecting to see the price of Litecoin ($LTC), a cryptocurrency often referred to as the silver to Bitcoin's gold, moving down slightly over the course of March, to trade at $82.9 by the end of the month.

The Litecoin price reflected potential, although at the moment, altcoin displayed bearish sentiment on the daily chart. In the same time frame, LTC dropped close to 6%.

Concerning news from Silvergate Bank and FTX may have influenced investors' decision to press the sell button, but the potential for further downside could be limited.

Litecoin is having a bad day, per charts offered by CoinMarlketCap, despite releasing a significant network upgrade aimed at improving security on the network. 

Today's Litecoin price analysis shows the LTC/USD pair has been trading in a bearish market today. The bears have reduced the price from $94.09 to $88.11 in the morning session as of now.

LTC, the ticker for Litecoin, the cryptocurrency that powers the crypto-payments-focused Litecoin blockchain, was last trading around 3.5% lower on Thursday in the $94 area, having pulled back to the south of its 21-Day Moving Average at $95.50 and from earlier weekly highs in the $98.50 area. The cryptocurrency's latest pullback comes in tandem with a broader easing of crypto prices after fresh US data (weekly jobless claims) pointed at a still-hot labor market and economy, pressuring risk assets and supporting Fed tightening bets.

Litecoin price analysis shows that LTC/USD is currently in a bearish trend after a brief period of price consolidation. The crypto asset has lost over 2.82% of its value in the last 24 hours and is trading below $94.69.

Litecoin (CRYPTO: LTC) emerged as one of the top choices for online shopping as digital assets gain wider acceptance in the e-commerce space.  What Happened: New research published by CoinGate on March 1 said Litecoin is the fourth-most popular cryptocurrency for online shopping in 2022.

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $94 and the 55 simple moving average (4-hours).

Litecoin, unlike other cryptocurrencies, put in a bottom long before the FTX collapse. Following a short period outperforming the rest of the market, the now ranked lucky number 13 by market cap has gone stagnant.

Litecoin (LTC) has emerged as one of the most popular cryptocurrencies for online shopping.

Litecoin ordinal inscriptions on the Bitcoin blockchain have recorded a new high. LTC is also up 4% in the last 24 hours to trade at $98.

Bitcoin started March on a positive note, but historically the month has recorded mediocre gains, which could be an early warning sign for crypto investors.

Litecoin surged to a nine-day high to start the month, breaking out of a recent resistance point in the process. The token climbed past the $95.00 level, as bulls made a run for the $100.00 mark. Polygon also snapped a recent losing streak, by bouncing from a key support point.

Following the upward trend of ordinal inscriptions on the Bitcoin blockchain, the number of Litecoin ordinal inscriptions has reached a new high.

Litecoin (LTC) is emerging among the most preferred cryptocurrencies for use in online shopping as digital assets get entrenched in the e-commerce space. 

The Litecoin price analysis shows LTC market has experienced some buying activity as prices have bounced off from yesterday's price of $94.0 and pushed upwards to above $98.0, on the back of increased buying pressure from investors. The LTC/USD pair is now trading at $97.

Following a 33% price rally year-to-date, data from IntoTheBlock indicated that there has been a corresponding increase in the number of Litecoin [LTC] investors holding the cryptocurrency at a profit. At press time, over 50% of LTC holders were in profit.

Litecoin price is showing positive signs above the $92 zone against the US Dollar. LTC could gain bullish momentum if it clears the $98 resistance zone.

Popular crypto analyst predicts prices of Ethereum (ETH), Chainlink (LINK), Avalanche (AVAX), Fantom (FTM), Litecoin (LTC), and Cosmos (ATOM) if Bitcoin price hit $35,000. Michael van de Poppe in a tweet on February 28 shared that if Bitcoin price reaches the $35,000 level, other leading cryptocurrencies will also witness some higher levels.

IMF Managing Director Kristalina Georgieva said that there's a strong push for regulating digital assets.

Litecoin (LTC) holders are enjoying a profitable time as over 52% of them are currently in the money, according to crypto analytics firm IntoTheBlock.

The crypto space is undergoing a roller coaster ride ever since the beginning of 2023 as the prices have been varying largely. Bitcoin and other popular tokens are slowly gaining strength as they are approaching their crucial resistance. In the meantime, the lite version of Bitcoin, Litecoin is flashing extreme bearish signals.

Litecoin price analysis shows LTC is stuck inside a tight range with the ongoing bearish sentiment and the lack of bullish momentum. Litecoin opened the daily chart trading at an intraday high of $95.89 and fell slightly below the $95.0 level.