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Litecoin (LTC) saw a sharp decline on Monday, dropping 11.05% to $86.51 by 15:00 (19:00 GMT) on the Investing.com Index. This marked its steepest one-day percentage loss since March 3, pushing its market cap down to $6.70 billion, accounting for 0.26% of the total crypto market.
The establishment of a Strategic Bitcoin (CRYPTO: BTC) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world. While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), according to Trump's earlier announcement.
A closely followed crypto strategist believes that the payments-focused token Litecoin (LTC) is in a position to spark a strong upside burst. Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin appears to be trading in a wide range between $135 and $98.
On-chain data shows the Litecoin whales have participated in a significant amount of buying recently, a sign that could be bullish for LTC's price.
Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels.
Litecoin's bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline.
Litecoin (LTC) and Dogecoin (DOGE) have managed to stay above key support levels in the past couple of days despite the market's volatility, while Tron (TRX) is tagging a key resistance level as positive momentum picks up steam.
Litecoin (LTC) was one of the few altcoins that exhibited price dominance against BTC and outperformance against major crypto assets, LTC price dropped as low as $95, reflecting a 15% drop in a week. Despite the drop, crypto analyst Ali Martinez suggests that (the MVRV) ratio hints toward a bullish recovery.
Traders say the potential for a spot LTC ETF makes Litecoin dips under $100 a buying opportunity.
The crypto market is mainly green today, according to CoinStats.
The cryptocurrency world has seen massive growth in the past few years, with established players like Litecoin (LTC) consistently holding strong positions in the market. However, newer projects like Coldware (COLD) are starting to turn heads, and industry experts predict that Coldware is on track to surpass Litecoin's 18th CoinMarketCap ranking before 2026.
Litecoin (LTC), one of the most recognized altcoins in the cryptocurrency space, is currently testing a critical demand zone at $94. Despite recent volatility in the market, there are several positive signs emerging for LTC that could signal a potential price rebound.
Litecoin shows early signs of a potential price reversal with decreasing exchange reserves, record-high hash rate, and oversold technical indicators suggesting a possible move higher
LTC is testing a key demand zone with its on chain metrics sparking green lights for a potential price reversal.
On-chain data shows a Litecoin whale has made a huge deposit to the cryptocurrency exchange Binance in the past day, a sign that could be bearish for LTC's price. Binance Has Just Received A Massive Litecoin Inflow According to data from the cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Litecoin network during the last 24 hours.
Litecoin (LTC) is down more than 12% in the last 24 hours, with its price trading around $100 and its market cap dropping to $7.5 billion. The sharp decline comes as selling pressure intensifies, pushing LTC's RSI into oversold territory and Chaikin Money Flow (CMF) deeper into negative levels.
Litecoin has faced a massive drop as the entire crypto market experiences intense selling pressure. Increased volatility has driven sharp price swings, with LTC plunging from $130 to $100 in a matter of hours.
With clarity on Trump's US crypto reserve plans, the conversation has shifted to altcoins, and speculators are eyeing a US Litecoin reserve. The post Could Litecoin Be Next? Experts Eye LTC for Trump's US Crypto Reserve appeared first on Cryptonews.
Litecoin (LTC) has recently seen a sharp surge before encountering a downturn, finding support around $116.02. This level has become crucial for traders as it will determine whether Litecoin experiences a major rebound or a further decline.
Litecoin (LTC) saw a sharp decline of 10.32% on Monday, trading at $113.70 by 11:01 (16:01 GMT) on the Investing.com Index. This marked its largest single-day percentage loss since March 3.
LTC recently surged before facing a sharp decline, finding support near $116.02. Key indicators make this a crucial level for traders.
The global cryptocurrency market cap has climbed to $3.07 trillion, gaining 0.4% in the past 24 hours, as optimism sweeps across digital assets.
Over the past two weeks, whales have been accumulating LTC, a strong signal of growing confidence in the asset's future. This wave of accumulation comes amid increasing speculation about a Litecoin ETF approval. Amid this increasing institutional interest in LTC, traders are looking for the best platforms to maximize their gains.
Litecoin (LTC) has shown impressive momentum in recent weeks, with its price surging by over 8% in the last 24 hours. At the time of writing, LTC was trading at $127.08, continuing its strong upward trend that began in February, when it gained 25% against Bitcoin.
