Here's Why Litecoin Price Could Undergo A 20% Correction
Earlier today, the Litecoin (LTC) price attempted a high momentum breakout from the overhead resistance. A 36% boost in volume indicated the buyers' interest in a prolonged price recovery.
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Earlier today, the Litecoin (LTC) price attempted a high momentum breakout from the overhead resistance. A 36% boost in volume indicated the buyers' interest in a prolonged price recovery.
Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto.
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Litecoin has sustained its positive price action
Litecoin [LTC] just concluded its most bullish week since June after delivering an impressive rally. It has also kicked off this week on a positive note after confirming a new network integration.
Competition among Litecoin miners has reached a new record high as the network's mining difficulty on Friday hit a new all-time high.
The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion Litecoin could see a pullback in the coming days Technical factors showed that LTC would retain a bullish outlook even if the pullback occurs Litecoin saw a huge surge from $54 to $70 earlier
Litecoin's [LTC] mining difficulty reached a new high. The mining difficulty peaked at just below 18 million hashes, as per a Litecoin Foundation post published on CoinMarketCap on 4 November.
Cross-border P2P payments service provider MoneyGram International, Inc. (NASDAQ: MGI) has launched “a new service enabling consumers to buy, sell and hold cryptocurrency via the MoneyGram mobile app.
Litecoin mining difficulty has reached a record high of 18 million hashes, according to the announcement from the digital asset's foundation. The post Litecoin Mining Difficulty Rises as Price Hits New 5-month High appeared first on BeInCrypto.
The network's mining difficulty peaked on Friday, indicating increased competition for miner rewards.
How high can LTC price reach by 2025? This article is all about Litecoin price prediction.
The first week of November highlights a pause by the bulls after the onslaught of the last days of October sweeping away a long period of fear and uncertainty
Santiment reported that Litecoin is temporarily decoupled from the crypto pack. Furthermore, whale addresses with over 1,000 LTC increased rapidly from the middle of June.
The crypto market has experienced a considerable increase over the past two weeks. This has increased the chance of an upcoming altcoin season The post Altcoin Season: 5 Cryptos That Look Ready to Explode appeared first on BeInCrypto.
Payments company MoneyGram is rolling out a new service that allows consumers to buy, sell and hold crypto assets using the company's mobile app.
Litecoin price analysis is indicating a bullish price movement for today after the market retraced back to $61.75 from a low of $58.79 yesterday. LTC/USD is currently facing resistance at the $64.29 level, but if this level is broken, it could lead to further upward momentum for LTC prices.
Ranked as the #20 cryptocurrency asset with the largest market capitalization, the past few months have been marked by a rally in the price of Litecoin [LTC], data from Santiment revealed. According to the on-chain analytics platform, the LTC/BTC trading pair has seen a surge in its price in the past few months.
Data shows a Litecoin whale has withdrawn almost $14 million in LTC from the crypto exchange Binance, a sign that may be bullish for the crypto's price. $13.
Litecoin's momentum indicators suggest it is an extremely oversold region, indicating that a market bottom is near.
A decision by the peer-to-peer payments company MoneyGram to allow users in the US to buy, sell and hold litecoin (LTC) and other cryptocurrencies could push the litecoin price up by more than 10x, some believe.
Litecoin's price surprised the entire crypto space with a sudden jump fueled by the recent collaboration with MoneyGram. The popular P2P cross-border payment platform now enables the buying, selling, & trading of Litecoin along with other popular crypto assets. The LTC price surged by more than 15% to test the crucial resistance levels.
Litecoin's momentum indicators signal extremely oversold conditions, hinting at the formation of a potential market bottom.