Litecoin has woken up
Bitcoin and Ethereum continue to lateralize for almost a month, whereas LTC has been moving up since late October
Keep up with what's happening in the crypto world in real-time.
Bitcoin and Ethereum continue to lateralize for almost a month, whereas LTC has been moving up since late October
Litecoin (LTC) was among the few bright spots for the crypto market which had to endure the negative effects of the collapse of the FTX exchange platform. In the midst of one of the worst implosions that the space has ever witnessed, LTC momentarily became vulnerable, plummeting all the way down to $49.58.
Litecoin continues to move higher with a total disregard for the current bear market.
Litecoin has once again swung into action recently with the LTC price jumping more than 8.5% in the last 24 hours. As of press time, LTC is trading at a price of $83.14 and a market cap of $5.9 billion.
While the industry is in turmoil, these cryptos to buy could still survive and thrive following a revamping of the sector.
At a time when most cryptos are in the red, two Bitcoin alternatives -- Litecoin and Dash -- are starting to pull away from the pack.
Litecoin's hash rate marked an all-time high Breaking correlation with the rest of the market, LTC rallied amid market downturn At 613.81 TH/s, Litecoin's [LTC] hash rate recently clinched a new all-time high, data from CoinWarz revealed. Following its last significant dip in July, Litecoin's hash rate rallied by 64% within four months.
Recently, crypto entrepreneur Bobby Lee, who is the brother of Litecoin creator Charlie Lee, shared his latest thoughts on Bitcoin.
Bitcoin price has been constantly hovering around $17,000 for the past couple of days, while the Ethereum price is struggling to reach $1300. The market sentiments are presently uncertain, as the bulls and the bears both appear to be passive. Hence, it is compelling the markets to remain within the consolidated range.
A widely followed crypto trader is expressing positive sentiment toward Bitcoin (BTC) alternative Litecoin (LTC). Crypto strategist Justin Bennett tells his 111,800 Twitter followers that he is bullish on Litecoin and expects the 14th-largest crypto asset by market cap to even outperform the king crypto.
Bitcoin and altcoins are beginning to flash signals of a potential trend change, but a handful of downside risks remain.
Litecoin price analysis for today shows that LTC is facing strong headwinds from the market, and has fallen to a low of $76.93. The bearish trend in the market is driving prices down across many cryptocurrencies, and it will be interesting to see if LTC can bounce back from these lows or continue its downtrend.
What is the Litecoin price prediction, and can the LTC price reach $150? Let's take a look at it in more detail.
Pseudonymous analyst AltcoinSherpa recommends long trades for LTC, APE, and SUSHI. The analysis however notes that the profit potential would depend on the performance of BTC.
The global crypto market has continued to rise in value as the bullish trend continues. The performance of Bitcoin shows that it has remained bullish while Binance Coin has changed direction.
As a result of a halving next year, Litecoin could rally into 2023.
Litecoin price analysis is bearish as LTC/USD depreciates to the $77.29 mark after a bearish run. The bears have taken over the price charts once again and have pushed the prices below the $79 mark.
Litecoin started a strong increase above $65 against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4-hours).
Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin. A Litecoin Whale Has Taken Out 835.8k LTC From Binance As per data from the crypto transaction tracker service Whale Alert, two large LTC transfers have been spotted on the chain during the past day.
A popular crypto strategist says Litecoin (LTC), Apecoin (APE) and SushiSwap (SUSHI) appear ready to rally against the bear market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that the three digital assets are the most likely to show upward price action.
BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable?
Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday's gains, cryptocurrency prices remained in the green on Wednesday, with the global market capitalization up 2.07% as of writing this. Near protocol also surged today, as prices rebounded from recent lows.
Litecoin (LTC) was one of the top gainers in Nov. gaining over 45% in 30 days, but the $100 price level still remains to be tested. The post These Are the Roadblocks Litecoin (LTC) Price Must Clear to Reach $100 appeared first on BeInCrypto.
The crypto strategist who correctly called Bitcoin's (BTC) 2018 bear market bottom says two altcoins appear poised for rallies. Pseudonymous analyst Smart Contracter tells his 215,100 Twitter followers that peer-to-peer payments network Litecoin (LTC) has broken out of a bullish continuation pattern on the lower timeframe. “Clean four-hour bull flag break on LTC.