Why Litecoin Is Getting Hammered
Litecoin (CRYPTO: LTC) is trading lower by 10.9% to $97.91 Monday afternoon. Shares of several altcoins are trading lower amid Bitcoin falling some 3% for the session.
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Litecoin (CRYPTO: LTC) is trading lower by 10.9% to $97.91 Monday afternoon. Shares of several altcoins are trading lower amid Bitcoin falling some 3% for the session.
Litecoin (LTC) price seemed to be doing well for itself having reclaimed the $100 level as a support.
After more than six years trapped in a macro consolidation, Litecoin (LTC), the third largest digital asset secured by the legacy proof-of-work (PoW), has confined the onset of a fresh bull cycle. With a fully diluted valuation of about $9 billion and more than 8.
Litecoin has emerged as a focal point of attention, propelled by a remarkable surge that has seen its price soar over 10% and breach the significant $105 mark against the US Dollar. With bullish momentum sweeping through the LTC market, investors and analysts alike are eagerly anticipating the possibility of a continued rally, with sights set on the coveted $120 resistance zone and beyond.
Litecoin (LTC) has made a significant surge, claiming the spot as the second best-performing cryptocurrency in the top 100.
Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term.
Litecoin's price surge to $110 represents a significant milestone for the cryptocurrency, marking its highest level since July of the previous year. This surge comes amid a backdrop of renewed bullish sentiment in the cryptocurrency market, with Bitcoin leading the charge towards new price highs.
The cryptocurrency market is gearing up to commence April on a high note, with most digital assets experiencing increased buying pressure, resulting in a spike in their respective market caps.
Litecoin's recent surge in price has captured the attention of investors worldwide, as the cryptocurrency market continues its dynamic evolution. The surge in LTC's price, accompanied by a substantial spike in daily trading volume, underscores robust investor interest in the altcoin.
Litecoin concludes its downtrend to hit $104 after a 11% hike, which hinted at an all-time high in the coming months.
Litecoin (LTC), the “silver” to Bitcoin's “gold,” has surged in recent weeks, buoyed by a combination of technical factors, strong investor interest, and strategic accumulation by miners. The LTC price jumped 12% in the past 24 hours, reaching $106.40.
Litecoin (LTC) surged by nearly 20% over the past three days after the U.S. Commodity Futures Trading Commission (CFTC) referred to the asset as a commodity in a legal complaint. On Tuesday, the U.S.
Litecoin price prediction: LTC has been on a bullish trajectory in recent weeks, demonstrating a significant upward movement on the trading charts. The cryptocurrency has consistently traded above the $100 mark, symbolizing a strong market presence.
Litecoin (LTC) has catapulted beyond the $105 threshold, igniting fervent speculation among analysts who foresee an imminent surge towards the coveted $150 mark. Bolstered by robust miner accumulation and promising signals from derivatives data, Litecoin's ascent is poised to reshape the landscape of the cryptocurrency market in the coming weeks.
Litecoin price surged 12% on March 29 but speculative traders have kept LTC funding rates elevated in anticipation of a $150 retest.
Meme coins like Solana-based Dogwifhat (WIF) may have stolen the spotlight in recent days, but the silver to Bitcoin's gold, Litecoin (LTC), has given holders a reason to celebrate today.
Litecoin (LTC) is one of the top performing cryptocurrencies in the market today. The altcoin, which traded at lows of $78 on March 20, broke past the $100 mark to reach its highest level since early July 2023. LTC price jumped nearly 16% on Friday, March 29 to hit highs of $110, a nine-month high.
Litecoin price has been making continuous bullish movements throughout the month and has surged to a year-high of $109 a few hours ago. It happened when the trading volume of the token surged 175% in a day with $1,893,488,860 in value.
Litecoin has been making strong moves recently with the LTC price surging by 12% in the last 24 hours shooting all the way to $106. Interestingly, the daily trading volume for Litecoin has shot up by 175% and is currently at $1.87 billion.
The bulls have become pretty strong as the crypto markets are heading towards the monthly close. Besides, the Bitcoin price is trading in and out of $70,000, due to which altcoins like Litecoin have generated some room to thrive.
In this article, we delve into the significant surge in Litecoin's price, marking a notable peak of $106.2 on March 29, the highest since July 2023.
Litecoin's price reached an eight-month peak of $106.2 on March 29, and recent trends observed among miners and speculative traders suggest more gains ahead.
Litecoin Price Prediction: The cryptocurrency market is wavering in uncertainty this week as it resonates around the $70000 mark. While a majority of major assets project the same behaviors, the Litecoin price emerged as one of the few that outperformed the broader mark.
Litecoin defied the sluggish markets Friday and has spiked 11% over the past 24 hours, second only behind surging meme coin Dogwifhat (WIF).