Litecoin Price Hits New Lows And Encounters Resistance At $72
The price of Litecoin (LTC) is falling between the moving average lines. The altcoin is also trading within the previous price range of $60 to $70.
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The price of Litecoin (LTC) is falling between the moving average lines. The altcoin is also trading within the previous price range of $60 to $70.
Litecoin is one of the Bitcoin alternatives in this world of cryptocurrencies that are speedy in their transactions. This makes it clear that as Litecoin demand increases, there is a need for more participation in Litecoin mining.
Litecoin's liquidation increased sharply when its price reached $71. Market indicators remained bullish, but a few metrics suggested otherwise.
Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours).
Litecoin price prediction has taken a bearish turn after the recent drop. The $66 level is a major support which needs to be held.
In the ever-evolving landscape of cryptocurrencies, Litecoin (LTC) has been a subject of intrigue and anticipation among investors. Recent market fluctuations have drawn attention to the intriguing interplay between whale transactions and the potential for a significant bull run.
The price of Litecoin (LTC) has been declining since the end of the uptrend at $76. The altcoin fell below the 21-day SMA but remained above the 50-day SMA.
The market witnessed a comeback in volatility this week, with Bitcoin (BTC) surpassing the $37,000 mark. Yet, many prominent altcoins didn't fully benefit from this upswing. Among these, Litecoin (LTC) remains a notable example, hovering around the $70 level, despite an improvement in its on-chain metrics.
Litecoin was down by over 3% in the last seven days. Metrics and market indicators looked bearish on LTC.
On November 14th, Litecoin processed over 1 million transactions in a single day, more than double the number processed by Bitcoin on the same date.
In a swiftly evolving cryptocurrency landscape, Litecoin (LTC) stands amidst a tumultuous phase as market indicators hint at potential declines. Despite a robust rally that saw a remarkable 25% surge in late October, Litecoin now grapples with a dip below the critical $70 mark, prompting concern among investors and analysts alike.
Litecoin (LTC) is showing some reservations about speeding up its brewing rally alongside many high-performing altcoins on the market today. According to data from CoinMarketCap, Litecoin is changing hands at a price of $70.36, up by 1.36% in the past 24 hours.
The latest news for Litecoin (LTC), Cosmos (ATOM) and Terra (LUNA) crypto assets: including recent news and a present and future price analysis, all the details below.
In the ever-evolving landscape of cryptocurrencies, Litecoin (LTC) has carved its niche as a digital asset with a unique trajectory. Examining its journey from inception to its current stance and future projections, one can unravel the multifaceted story of Litecoin's rise, market performance, and what might lie ahead for this prominent digital currency.
Bitcoin experienced higher user activity when compared to ETH and LTC. Ethereum continued to be the chain with the largest TVL.
On 14th November, Litecoin's daily transactions were more than double of Bitcoin's transactions. Its native coin LTC, has, however, failed to see any significant growth since then.
On-chain analytics startup IntoTheBlock reports a major milestone for LTC. In a tweet, IntoTheBlock reports that Litecoin has reached a massive milestone, hitting more than one million transactions in one day.
Litecoin edged past Bitcoin in transactions this week soaring above a million for the first time in its history.
The Litecoin (LTC) price has increased since Oct. 19, breaking out from long- and short-term descending resistance trend line.
Table Of Content Litecoin fails to gain traction in 2023 but looks to resurge starting next year. THORChain surges 211% in 2023, Rebel Satoshi looks to make waves with 150% growth claim throughout the presale As bulls continue dominating the crypto market in Q4 2023, some of the top altcoins like Litecoin (LTC) and THORChain (RUNE) have performed exemplarily.
With its latest break above the $74 barrier, Litecoin (LTC) is showing encouraging signs of a breakout into the bull market. Increased transaction activity from miners and major investors in cryptocurrency is fueling expectations of an upward trend and suggests that a huge price spike is imminent.
Litecoin started a steady increase above $72.00 against the US Dollar. LTC price is now trading above $72.00 and the 55 simple moving average (4 hours).
Litecoin clocked more than a million transactions on the 14th of November, the highest in history for the PoW network. The post Litecoin outpaces Bitcoin once again, here's how appeared first on AMBCrypto.
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