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Litecoin's (LTC) uptrend comes to a halt as it approaches the $105 resistance level.

Litecoin started a downside correction from the $105 zone against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4 hours).

LTC/USDT chart and technical analysis Litecoin is in a bullish trend on smaller timeframes and the price is making higher highs for the last couple of months. The price gained more than 22% since the start of the current week and the price will likely make a correction after the recent surge.

Litecoin (LTC) has catapulted beyond the $100 milestone, riding a wave of enthusiasm sparked by a 20% gain and the decisive breaking of a 2-year resistance trend line. This milestone achievement unfolds amidst a broader resurgence in the crypto space, catalyzed by Bitcoin's historic ascent to $72,000.

XRP and Litecoin recently saw surges, but sellers seem to be on their way.

Recently, LTC's price surged by 40% in just one day. Analyzing these metrics is crucial to determine if this upward trend can be sustained.

The landscape of Litecoin has witnessed a notable shift since early February, with the trader demographic (those holding for less than a month) expanding their presence from 7.84 million LTC to an impressive 11.13 million LTC.

Bitcoin (BTC), the pioneer and largest cryptocurrency, has led the recent digital asset rally. Still, whispers suggest smaller players, or “altcoins,” are gearing up for their moment in the spotlight. Bitcoin's price surged to $71,808.47, nearing the $72,000 mark, up by 4.70% on March 12. Trading volume spiked by 76.91% to $64.

The cryptocurrency market continues to trade positively, with the elite tokens recording significant fluctuations in their respective portfolio. Further, the price of Bitcoin continues to trade above the $72,000 mark, indicating a strong bullish influence in the crypto space.

Litecoin Price: The cryptocurrency market extended its recovery with the new week as Bitcoin price hit the $72000 mark for the first time. The bullish momentum spread to the altcoin market and uplifted several digital assets to new heights including Litecoin.

There are a number of Litecoin price predictions worth paying attention to, especially given the run LTC has been on recently.

Litecoin (CRYPTO: LTC) is trading higher by 19% to $103.39 Monday afternoon. Several altcoins are trading higher in sympathy with Bitcoin after the apex crypto hit a new all-time high of $72,000.

Litecoin price continued its recovery on Monday as a sense of optimism spread in the crypto market. The coin surged to a high of $98, its highest point since July 30th. It has jumped by more than 67% from its lowest point in September last year.

The cryptocurrency market is in strong momentum overall, with most projects already showing overbought signals through technical analysis indicators. However, some cryptocurrencies have lagged behind, still suggesting strength for continuation—a buy signal for this week.

Litecoin has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and Ethereum as the top choice for crypto payments on leading Bitcoin payment service provider, Bitpay. Related Reading: Don't Miss Out: XRP Bull Flag Signals Explosive Price Movement Litecoin At The Forefront Of Crypto Payments In a recent announcement on X (formerly Twitter), the Litecoin team revealed that LTC has claimed the top spot as the most preferred cryptocurrency for payments on Bitpay.

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Litecoin (LTC) is in the spotlight this week as data from crypto payments processor Bitpay uncovered its dominance over its top rivals, including Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE), among others. The Bitpay data shows that Litecoin dominates by 41.76% per its total transaction count, a figure that marks its all-time high (ATH) score.

The cryptocurrency landscape is experiencing a fascinating shift, with Litecoin unexpectedly emerging as a star player in the realm of real-world transactions. While Bitcoin (BTC) continues to shatter price records, LTC is quietly swiping the spotlight on BitPay, a leading crypto payment processor.

The cryptocurrency landscape, ever dynamic and unpredictable, witnessed a significant event on Tuesday as Litecoin, one of the prominent altcoins, recorded a substantial 10.57% decline. Trading at $80.238 on the Investing.com Index, this marked the largest single-day percentage loss for Litecoin since January 3, 2024.

The recent performance of Litecoin (LTC) as a payment protocol on BitPay has moved the cryptocurrency to unprecedented levels. Bitpay on Litecoin (LTC) Adoption Rate LTC registered an all-time high (ATH) of about 41% per its count dominance as a payment option on BitPay, one of the top crypto payment processors.

The current uptrend will continue as the price bars are above the moving average lines.

Litecoin is gaining pace above the $80.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours).

Litecoin price is experiencing significant growth, yet on-chain data reveals that many metrics remain stable. Is this growth a result of the broader cryptocurrency bull market, or is it tied to LTC fundamentals?

Litecoin whales have entered a $230 million buying spree ahead of the upcoming Bitcoin halving. Will it drive LTC price above $100?