Litecoin flashes signs of a rally as traders become greedy
Litecoin's market value rip caused frantic activity on the network, evidenced by the jump in whale transactions and liquid supply.
Keep up with what's happening in the crypto world in real-time.
Litecoin's market value rip caused frantic activity on the network, evidenced by the jump in whale transactions and liquid supply.
Litecoin (LTC) whales are making their way back into the market once more as the bull market establishes itself. A number of large transactions have been flagged which suggests that these millionaire accounts are coming out to play.
Litecoin (LTC) price's uptrend hit a temporary pause at $72 after a commendable rally from October's support at $60. A pre-halving rally propelled LTC to highs at $115, but the crypto winter soon caught up with the coin which appears to have erased all the gains year-to-date.
Litecoin (LTC) is gradually reversing some of its gains as subtle consolidation returns to the market. While Litecoin is trading at $68.65, down by 1.35% in the past 24 hours, Santiment data projects an optimistic outlook for the Layer-1 protocol on grounds of increased on-chain transaction activity.
Litecoin (LTC) shows signs of a potential bullish rebound in the coming days. Recent crypto market data indicates that Litecoin's price has increased by nearly 14 percent since October 18, and it is now trading at around $67 as of Friday.
Litecoin started a steady increase above $65 against the US Dollar. LTC price is now trading above $66 and the 55 simple moving average (4 hours).
Grayscale, one of the largest institutions heavily invested in the crypto segment, is becoming increasingly interested in Litecoin. So much so that LTC will be included in the FTSE Grayscale Crypto Sector Index Series.
The price of Litecoin (LTC) resumed its uptrend and rose above the moving average lines and resistance at $70.
Hyblock data showed a positive Cumulative Liq Levels Delta for Litecoin. The recent pullback from $72 saw some long positions liquidated, which brought this Delta down.
In an exciting turn of events, Litecoin (LTC) made waves in the cryptocurrency world today, hitting a remarkable high of $72.89, a peak not witnessed since August 16. This surge in LTC's value has left enthusiasts and investors eager to dive into the world of digital assets, and there's more to the story that's captured the attention of many.
In the ever-evolving world of cryptocurrencies, Bitcoin (BTC) often takes center stage, captivating the attention of investors and enthusiasts alike with its impressive price surges. However, amidst the shadow of the king coin's grandeur, Litecoin (LTC) has quietly been making its own mark.
The Litecoin (LTC) price reached a 70-day high of $72.89 today, breaking out from its range high.
In the last three months, the correlation coefficient between Bitcoin and Litecoin was 0.78. Such a close movement could give credence to the fact that LTC would most likely join a BTC rally.
In a dynamic world of digital assets, cryptocurrency enthusiasts eagerly anticipate the insights of renowned expert Tone Vays. With November just around the corner, Vays has shared his predictions for Bitcoin, Ethereum, and Litecoin.
In a significant turn of events for Litecoin, the cryptocurrency has witnessed a remarkable shift in its trajectory after the third halving event that took place on August 2, 2023. This momentous event reduced block rewards for miners from 12.5 LTC to 6.25 LTC.
The price of Litecoin (LTC) jumped over 4% on Friday, exceeding $64 as the broader crypto market saw renewed optimism. LTC rallied alongside Bitcoin breaching $30,000, with trading volumes on major exchanges reaching $370 million.
There was a bearish breaker block in the $65-$73 zone that was plotted from the LTC 1-day price chart just above the mid-range resistance.
Litecoin (LTC) prices have stagnated within the narrow $61 to $65 range over the past month. Can the long-term holders' returning to action drive Litecoin price into a recovery phase?
The continuous downtrend for Litecoin and multiple altcoins in 2023 projects a strong resistance trendline. Leading to a streak of lower highs, the LTC price finally forms a solid footing close to $60, teasing a bounce back to reclaim trend control.
Litecoin started a fresh decline from the $66.50 resistance zone against the US Dollar. LTC price is now trading below $62.50 and the 55 simple moving average (4 hours).
Coinbase has expanded its trading services to include perpetual futures for eligible customers in specific non-U.S. jurisdictions. The new feature is part of Coinbase Advanced, the company's trading platform targeted at experienced retail traders.
Cryptocurrency price analysis brought by Coinidol.com. Litecoin (LTC) has maintained its sideways movement between $61 and $68. This price range has not changed since August 17.
In the world of cryptocurrency, Litecoin (LTC) has recently faced significant price challenges, leaving investors and enthusiasts on edge. While it once soared to $110 after a rally ahead of its halving, the price has since dropped, struggling to maintain stability above the $60 mark.
LTC's metrics and price indicators revealed that the altcoin was witnessing a boost, not only in the price action but also in buying pressure. Will LTC make its way to $70?