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Bear market blues couldn't weigh down Litecoin price action for long as LTC charted over 25% daily gains on Nov. 23. The post Litecoin Price Jumps Above $80 as Whales Buy $43.4 Million in LTC appeared first on BeInCrypto.
Following the FTX crash chapter, the Crypto market is back in green on November 23. Litecoin price rise of 29% draws a lot of eyeballs toward the crypto market.
LTC has gained over 43% this month, outperforming Bitcoin and leading the market despite FTX contagion.
Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity.
Data revealed by Santiment shows what likely drove LTC up 29%
Litecoin and Binance Coin have popped up as the biggest gainers today with double-digit price increases.
On Wednesday (23 November 2022), Litecoin is shocking a depressed crypto market — and delighting $LTC HODLers — by surging over 25% in the past 24-hour period. According to data by TradingView, the $LTC price started rallying when it was trading around $59.64 (at 12:35 p.m.
The crypto markets have switched to bullish after undergoing a massacre in recent times. The popular crypto faced rejection in its attempt to surpass the pivotal resistance at $73. Meanwhile, the fresh sell-off, which was led by the unfamous FTX collapse, compelled the LTC price to drop below the crucial support levels.
Cryptocurrency Price Today Live: Crypto market is back in a bull run on Wednesday. After the FTX crash, most of the top cryptocurrencies faces a serious dip for some time.
In a volatile market, the price of Litecoin has recently risen. LTC Price defied the downward trend in the market by generating gains of 19% over the previous week to lead the top 100. The alternative currency increased by 13.7% over the previous day, rising from $61.53 to $70.10.
The one-time Ethereum killer has fallen sharply as the crypto market buckles under the wreckage of FTX.
Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100. The post Litecoin bucks market downtrend, posting 19% gains to pass Shiba Inu appeared first on CryptoSlate.
With a 52.4% volume hike, the Litecoin (LTC) price gave a high momentum breakout from the $64.5 resistance. Thus, this bullish breakout should accelerate the buying momentum and drive the prices to higher levels.
The trader known for accurately predicting this year's crypto market collapse is setting downward price targets for a slew of different altcoins in anticipation of another capitulatory event. The pseudonymous trader known as Capo tells his 673,000 Twitter followers that currently, every bump in crypto prices should be treated as an opportunity to sell.
As the FTX-induced devastation in the cryptocurrency sector continues, Litecoin (LTC) has held its own and even climbed over 10% on November 22 to be one of the crypto markets' top gainers.
These tokens have all surged more than 7% on some pretty interesting catalysts today.
Litecoin ($LTC), a cryptocurrency that has often been described as the silver to Bitcoin's gold, has been outperforming the wider cryptocurrency market over the past few weeks, to the point it has recently overtaken Solana ($SOL) in market capitalization.
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session.
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Litecoin's social metrics increased, neglecting the downturn recorded by most assets in the market The hikes could not produce enough profits for LTC holders.
Litecoin (LTC) price is trading in the uptrend zone as it crossed the moving average lines. At the high of $64, the upward momentum had come to an end. Since November 8, the price has moved in this direction.
LTC's price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60. LTC's price continues to look strong despite bearish market sentiments, as things look uncertain for most traders and investors.
The Fear and Greed Index is 22 Extreme Fear and is +1 from Monday's reading of 21 Extreme Fear
Litecoin Network recently processed its 135,000,000th transaction LTC's market indicators favored a bullish stance for the alt Litecoin [LTC] recently achieved a milestone by flipping Solana [SOL] to become the 15th largest cryptocurrency in terms of market capitalization. As per CoinMarketCap, at press time, LTC was trading at $60.
