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The price of Litecoin (LTC/USD) had been on a bullish trend for the past few weeks. In overall, Litecoin has risen by about 41.5% over the past month. The past two weeks have been the most active for the cryptocurrency since it has gained 35% in 14 days.
Litecoin's short-term sellers could benefit from LTC's ongoing price action Litecoin ranked #1 as the biggest cryptocurrency by median hold Crypto investors that bought Litecoin [LTC] after the FTX crash were reaping the benefits following its bullish performance. LTC turned out to be the best cryptocurrency to hold in the medium term.
Litecoin (LTC) continues to prove its doubters wrong as it weathers the ongoing crypto winter in an impressive way, painting its charts in green and posting significant price increases during the last few days. At the time of this writing, the 13th largest cryptocurrency with an overall valuation of $5.51 billion, is trading at $76.80 and has gone up by 6% over the past 24 hours according to tracking from Coingecko.
Litecoin price analysis confirms a bullish trend for the cryptocurrency, as the buying momentum has intensified. A green candlestick has appeared on the price chart, indicating a rise in the coin value after a bearish period of four consecutive days.
Famous trader John Bollinger has taken note of Litecoin's recent rally
Litecoin (LTC) price has been rising after breaking through the $64 level. On November 23, Litecoin reached a high of $83, but fell below the resistance of $80.
Catch up on the latest crypto market news at The Currency Analytics. Proof of Work (LTC) gives Litecoin.
Litecoin price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Litecoin market, which will change the course of the market for the better, and LTC now expects the bullish period to take over in the next few days.
The BudBlockz (BLUNT) token may surpass many veteran coins and could get ranked among the top tokens. Litecoin may also offer much better returns than other mainstream tokens.
Litecoin showed massive improvement on the mining front but failed to attract new addresses to the network Its development activity and velocity also took a southward journey Litecoin recently appreciated by a massive 17% amidst the bear market, shocking most LTC skeptics.
Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level.
Litecoin (LTC) is surging eight months ahead of its third mining reward halving, which will cut LTC's pace of supply expansion by 50%. "The Hash" panel discusses what this means for LTC and the wider crypto markets amid the FTX gloom.
Litecoin (LTC) is one of the top altcoins to watch in December. While there are no imminent developments coming up, the Litecoin price has broken out from a long-term pattern and reclaim a horizontal resistance area.
The global crypto market has continued to shed value as it couldn't regain momentum. The ongoing changes show that Bitcoin, Binance Coin, and others weren't able to turn bullish.
After the FTX crash on November 9, Litecoin's price began a significant upward price movement. Investors continue to remain in profit.
The last week of November ends colored with hopeful green
Litecoin price nosedived on Monday as demand for cryptocurrencies plunged. The LTC/USD and LTC/GBP pairs crashed.
The past weekend was pretty bullish for the crypto space as the prices were slightly inflationary. Moreover, continued consolidation of around $16,500 was believed to offer a bullish push to Bitcoin and the entire market. But with a fresh weekly start, the bears quickly pulled off some profits, adversely impacting the prices to some extent.
Litecoin recently charted a six-month high but is down now by about 7%.
Litecoin price analysis has mainly been bearish over the past few hours, as the cryptocurrency has struggled to overcome the $78.89 level and has instead started to decline. The market opened today at a price of $75.46, before dropping to a low of $71.20.
DOGE, LTC, LINK, and APE are showing signs of buying even as Bitcoin's next directional move remains uncertain.
Next Litecoin halving estimated to occur in next 250 days
A closely followed crypto strategist is updating his stance on XRP and Litecoin (LTC) while warning Ethereum holders that ETH could witness another major sell-off event. In a new strategy session, pseudonymous analyst DonAlt says Ethereum is trading in a tight range between $1,120 and $1,200.
Litecoin price analysis reveals the price has been trading low for the past few hours as the bears have been trying to remain in the lead. However, the bulls have not given up as they have been slowly pushing prices higher.
