Price analysis 12/23: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.
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Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.
The latest Litecoin price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since morning. Although the bulls were in the winning position today, the prices have fallen drastically today.
Dogecoin (DOGE) Dogecoin price remained largely bearish throughout the year 2022 and spike high suddenly after it received huge buying volume in the first few days of November. The price which maintained a stagnant trend for more than 4 months, spiked by more than 150% in just a couple of days.
Crypto Tokens Price Today: Some of the major coins are seeing a decent jump in the last 24 hours, thus, trading in green. Bitcoin and Ethereum are slightly up.
Litecoin (LTC) went against all odds when it pulled a bull run whilst the FTX crashed. But it was not the same case lately - the price is down 16.88% in the last 7 days.
Dogecoin rebounded from Wednesday's decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today's surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to a one-week high.
Litecoin price analysis shows a bullish trend as prices move to reclaim the $66.37 level, However, the bulls may encounter selling pressure at this level. If they do, a retracement to around $64.90 could occur.
Litecoin started a fresh decline from the $80 resistance zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4-hours).
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers.
Litecoin price has barely changed over the last 24 hours after rising into the limelight in November. As we will see later in this article, some crypto experts believe that LTC might have bottomed and is ready to reclaim $70 and move toward $100.
The crypto market cap is again on the verge to lose the pivotal $800 billion mark which is flashing bearish signals for the end of the year 2022. However, after a brief descending consolidation, the following rally is expected to be quite bullish.
The bear market of 2022 left Litecoin struggling in the summer, but the payments-focused cryptocurrency veteran has been beating its peers in recent weeks. Where is this seasoned digital coin going next year?
Litecoin is in recovery, but will it last?
The previous week has been negative for the majority of cryptocurrencies on the market due to debate around Binance's proof-of-reserve system. However, Litecoin has taken a big hit and has been struggling recently as it lost 15% of its value during the previous week.
Crypto coins are decentralized, meaning that they are not regulated by any one government or financial institution, and can be used as an alternative
On 19 December, the Litecoin Foundation announced that it processed over one million transactions within the last 10 days. This meant that the blockchain had processed a total of 138 million transactions, which was an important milestone.
The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts. The fractal pattern developed following the most recent pullback, and appears to have a similar structure to a major bull market breakout.
Litecoin price analysis shows the presence of a bullish trend in the market. The cryptocurrency has witnessed a slight price increase of 4.77% over the past 24 hours and is currently trading at $65.20.
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today's session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point.
Litecoin (LTC) has entered a bearish trend zone after breaking below the moving average lines.
What is the Litecoin price prediction for the end of the year? Let's take a look at it in more detail.
Cryptocurrency Price Today: After almost a week of consecutively trading in red, the charts for some coins are in green today. As of writing, Litecoin sees a jump of 4.16% in the last 24 hours.
TL;DR Breakdown Litecoin price analysis suggests downwards movement to $60.00 The closest support level lies at $62.00 BNB faces resistance at the $65.00 mark The Litecoin price analysis shows that the LTC price action has fallen to the $62.00 mark as the bearish movement slows down.
The depths of crypto winter produced some bright stars that shine in the dark.