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The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin traded within a range since May A move back toward the lows could be on the cards In early November, Litecoin attempted to break out past the $63 resistance level with a strong show
Litecoin's continued strength in recent days has seen the coin become the 15th largest crypto by market cap, unseating Solana from the spot.
Which altcoins are potentially worth investing now after the FTX crash? Let's go over the top 5 cryptos to buy after the latest FTX crash.
The global crypto market has faced a decline in value over the last day. There has been no positive progress in the value of Bitcoin, Binance Coin, and others.
Litecoin has been climbing the crypto market cap ranking and currently stands at rank 15 with a market cap of as of press time. The post ‘Boring' Litecoin makes play for top 10 amid market meltdown appeared first on CryptoSlate.
Litecoin price remained under pressure as fear engulfs the cryptocurrency industry. LTC was trading at $59.66 on Monday
Litecoin sees signs of a slowdown after being in the list of top performers last week A look at what investors should expect moving forward Last week we saw Litecoin achieve an upside as most of the top coins failed remained struggled to bounce back.
Litecoin price analysis shows signs of a downward trend for the day, as the cryptocurrency faced a loss in the last 4-hours. Although the bulls took over the market in the last 12 hours, the downtrend was too strong to be reversed.
TL;DR Breakdown Litecoin price analysis suggests upwards movement to $70 The closest support level lies at $63.00 LTC faces resistance at the $65.69 mark The Litecoin price analysis shows that the LTC price action has recovered to the $65.00 mark but is yet to break through the resistance level.
As the market declined last week (and continues to do so), Litecoin was one of the few currencies to increase in value. CoinGecko reports that the price of a single Litecoin is at $63.69 at the moment.
Litecoin beat other top cryptos to register the most gains in the last 24 hours The latest rally is less likely to be sustained considering unimpressive circulation and possible sell-offs Litecoin [LTC] recorded the highest gains in the last 24 hours out of the market's top-20 cryptos.
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin's recent bullish engulfing candlestick aided the buyers in reclaiming the near-term edge The crypto marked a downtrend in its development activity while it MVRV turned positive Litecoin's [LTC] recent rebound from its trendline resistance
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses.
Not all cryptocurrency prices slavishly follow Bitcoin's price trend
Litecoin price analysis shows a bullish trend as the coin has recovered from its intraday low of $59.25 to reach a new high of $63.37. However, this level has acted as resistance for LTC and prices have pulled back below $63.00.
After staying quiet for a long time, Litecoin (LTC) has finally woken up, taking the top spot on CoinMarketCap's gainer list, rising 8% in 24 hours. The post Are Litecoin Whales Preparing for an LTC Price Rally in 2023?
LTC's price shows bullish signs as price holds above its range channel showing signs to rally high as FTX fiascos continue. LTC's price trades above $60 with the market's current state, as things look uncertain for most traders and investors.
Concerns regarding the FTX's crash have initiated an overall bearish trend for the entire crypto market for a week. Leading assets like Bitcoin and Ethereum have broken their fundamental support level and continue to retrace downward.
The price action displayed by top altcoins in recent times has yet to be encouraging with the market's erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other huge investors has left the market at a standstill as the market has yet to make a major move.
Bitcoin (BTC) has been trading sideways while Ethereum temporarily dips below $1200. As Litecoin gains over 5%, last week's brutal sell-off has eased.
During last week's crypto market meltdown, Litecoin was one of the few cryptocurrencies that ended up not taking huge losses.
TL;DR Breakdown Litecoin price analysis suggests a downward movement to $54 The closest support level lies at 57.50 LTC faces resistance at the $60.00 mark The Litecoin price analysis shows that the LTC price action was rejected at the $60.00 level and has moved down toward the $56.00 support level.
Litecoin started a fresh decline from the $65 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours).
