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Litecoin has been having a hard time recently, and it would appear that its struggles haven't stopped yet as the coin has now dropped below Shiba Inu in terms of market cap. Litecoin Has Taken A 15% Beating During The Past Week While the last week has been red for most of the coins in the crypto market as the FUD due to the controversy around Binance's Proof-of-Reserves has spread, LTC has taken an especially hard hit during the period.

Since the last wMarket report, the cryptocurrency market cap saw net outflows of $20.07 billion and currently stands at $808.07 billion — down 2.4%. The post CryptoSlate Daily wMarket Update: Shiba Inu re-enters top 10, ousting Litecoin appeared first on CryptoSlate.

Popular crypto analyst Michaël van de Poppe says historical price action suggests that peer-to-peer payments network Litecoin (LTC) is gearing up for an epic surge. The crypto strategist tells his 164,000 YouTube subscribers that he believes Litecoin is still bullish on the weekly timeframe even after its latest corrective move.

One of the first altcoins, or cryptocurrencies other than Bitcoin, was Litecoin, released in 2011. Although it was technically identical to Bitcoin, it significantly sped up transaction times.

Litecoin price started a fresh decline from the $80 resistance against the US Dollar. LTC is struggling and remains at a risk of more losses towards the $55 support.

Litecoin [LTC] presented a slightly risky buying opportunity on the price charts. Risk-averse traders should wait for 19 December's trading to set a direction for Litecoin in the coming week.

The crypto market might be down in 2022, but a few altcoins have started to show signs that they could break out.

Leader of the CNBC Investing Club, Jim Cramer, categorized Litecoin [LTC] as one of the cryptocurrencies that might not see the light of another day in the coming years. Appearing at an interview with CNBC's Squawk Box, Cramer also added Ripple [XRP] and Dogecoin [XRP] to the list that could face an eradication.

TL;DR Breakdown Litecoin price analysis suggests stability at the $62-66 price level. The closest support level lies at $64.00 LTC faces resistance at the $65 mark The Litecoin price analysis shows that the LTC price action has fallen to the $64.00 mark as bears take hold of the market.

On Friday (16 December 2022), former hedge fund manager Jim Cramer found what some in the crypto space might find a silly reason to be bearish on XRP ($XRP), Litecoin ($LTC), and Dogecoin ($DOGE). Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“.

The Litecoin price has tanked further over the last 24 hours. On their respective charts, the prices of major altcoins reflect the price action of Bitcoin.

While the cryptocurrency bear market continues, CNBC's ‘Mad Money' host Jim Cramer stated, “Ripple (XRP, seventh in market cap), Dogecoin (DOGE, eighth in market cap), Litecoin (LTC, fourteenth in market cap), and three other cryptocurrencies will soon vanish,” he warned.

Prominent CNBC journalist says he is negative on Dogecoin, XRP and Litecoin

Litecoin price analysis shows that the cryptocurrency has been experiencing a downtrend over the past 24 hours. The market opened the week trading in bullish territory, with LTC prices hitting a high of $79.18 on the week.

Litecoin has observed a plunge of more than 7% in the last 24 hours, suggesting that the coin's bullish momentum may have come to an end. Litecoin Drops Hard TodayS But Is Up 20% In The Last Month While the rest of the crypto market was struggling, LTC enjoyed some sharp bullish momentum in the third leg of November, leading some to believe the “pre-halving rally” had begun for the crypto.

A savvy trader who sold Bitcoin (BTC) at its peak has returned to the crypto markets, accumulating BTC, Ethereum (ETH), and other altcoins. In a new strategy session, pseudonymous crypto analyst DonAlt tells his 45,100 YouTube subscribers that he's now looking to see whether BTC can hold onto an important support level.

Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since late November.

Litecoin (LTC) briefly fell below $75 after BTC dropped below $17.77K on 15 December. At press time, LTC was trading at $74.95 and appeared poised for an upside move if BTC moves above $17.77K.

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Litecoin (CRYPTO: LTC) is becoming the crypto of choice when it comes to payments and accounts for a staggering 25% of all payment gateway transactions on BitPay. What Happened: Monthly Litecoin payments have increased by an impressive 109% in just one year, ranking second as the leading payment choice worldwide, according to a blog post by BitPay.

Data shows a Litecoin whale has deposited more than $37.4 million in LTC to the crypto exchange Binance, a sign that may turn out to be bearish for the asset's price.

Litecoin [LTC] has been dominating the crypto space of late by increasing its popularity and acceptance on a global scale. Crypto ATM Radar's data revealed that Litecoin grabbed the second spot on the list of the most supported ATM cryptocurrencies.

More people are using crypto's digital silver, Litecoin, as a payment method. Additionally, on-chain activity is also looking pretty healthy for LTC.

Litecoin started a fresh decline from the $85 resistance zone against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours).