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The recovery in BTC and altcoins fizzled out fast, suggesting that investors continue to maintain a risk-off stance to all cryptocurrencies.

Litecoin price analysis is revealing a bearish trend for today as a further decrease in price has been observed. LTC prices are down by almost 2.18% in the last 24 hours and are currently trading at the $57.33 mark.

Not only has it already recovered all the losses from the FTX collapse, it has also almost recovered the losses from the Terra collapse

Litecoin (LTC) price has declined but managed to hold above the 50-day moving average line. It is now capped between the moving averages. The 21-day line SMA is currently being retested or breached by Litecoin, which price is rising.

Litecoin's hash rate improves, miner fees continue to grow Market cap dominance continues to improve Even though Bitcoin miners continue to suffer from FUD, the same couldn't be said for Litecoin [LTC] as it witnessed an improvement. According to a recent tweet made by Litecoin on 13 November, its hash rate was at 535.6 TH/s.

Litecoin price analysis shows that the market for this cryptocurrency has been in a downtrend over the past few hours. The price level is currently facing rejection at $60.82, and heavy selling pressure is limiting any upward momentum.

 The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin fell beneath $64 and could retest it as resistance The $50 area has been held as support for now, but violent moves meant traders must remain cautious A significant level of fear gripped the

These 25 cryptos to buy are set for a significant upside in the next crypto bull run as inflation cools down and the market starts bottoming.

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Recent Litecoin price analysis reveals the LTC/USD is highly bullish today as it receives exceptional positive sentiment from the market. The bulls are on the march towards attempting a new record high as the price has already reached $62.64, and the all-time high happens to be at $63.

Amid FTX's liquidity crisis and the subsequent crash of the crypto market, there lies the opportunity to invest and make money in the coming years. Crypto market crashes are a boon and a bane at the same time.

Litecoin has gained 36% within 48 hours

Litecoin is still holding on above June lows despite recent crash The altcoin offered profit-making opportunities this week If you held Litecoin (LTC) since October, chances are that you felt less of a pain from

Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC), Polygon (CRYPTO: MATIC), Shiba Inu (CRYPTO: SHIB) and Solana (CRYPTO: SOL) all spiked higher on heavy volume during U.S. pre-market trading and are trading around session highs Thursday afternoon. Several cryptocurrencies are trading higher in sympathy with major U.S. indices following key U.S.

The Litecoin (LTC) price is reclaiming a crucial horizontal support area at $54. Doing so would have bullish implications for the future price.

Litecoin started a major decline from the $75 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours).

Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC) and Solana (CRYPTO: SOL) are all falling sharply Wednesday afternoon. Shares of several altcoins are trading lower during Wednesday's session following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.

It is now more than a decade since Litecoin (LTC) was founded and it has come a long way since then. The network's latest update reveals the extent of Litecoin's achievements while underscoring the healthy growth it has achieved so far.

Litecoin (LTC) price is moving within an uptrend zone, but the uptrend has proven resilient. The $64 breakout level is the area where support is likely to be found before the cryptocurrency falls.

Investors are upbeat on Litecoin since the beginning of this month. The token has outperformed in the past few days, with market cap reaching $4.91 billion.

Litecoin (LTC) has recently completed its most bullish week since June, following a remarkable rise. The “digital silver” registered over 24% gains in the last seven days alone.

The previous week's crypto market looked so bullish as many altcoins rallied with over 100% gains in less than two days, with the likes of DOGE, BAND, and MASK running the show creating the feeling of euphoria that comes with the bull market. The price of Bitcoin (BTC) closing the week on a high ahead of a new week was a good sign, but there have been mixed feelings as the price of BTC dropped to a region of $20,600.

Litecoin's [LTC] recent, unprecedented surge could be responsible for making the altcoin a hot topic in the cryptocurrency market. As per CoinMarketCap, LTC's price grew by more than 29% in the last seven days.

Litecoin price analysis confirms a bearish trend for the day as the price experienced a major drop in the past 24 hours. The bearish momentum is growing after a consistent defeat as a bullish wave was occupying the market earlier.