Litecoin Recovers, But Faces Rejection At $94
The price of Litecoin (LTC) has risen above the 21-day SMA after rising above the $77 support. Price analysis by Coinidol.com.
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The price of Litecoin (LTC) has risen above the 21-day SMA after rising above the $77 support. Price analysis by Coinidol.com.
Litecoin has emerged as a beacon of resilience and potential in an ever-evolving landscape. Join us on an exhilarating journey as we unravel the intricacies of Litecoin's surge, uncovering the driving forces behind its extraordinary ascent and charting the path towards unprecedented heights.
Litecoin (LTC) price noted recovery in the last few days following the bearish week in mid-March, which has investors certain of losses.
Understanding Litecoin's Adoption Trends: Litecoin's Director of Marketing, Jay Milla, sheds light on the remarkable surge in the number of LTC addresses with a non-zero balance. This metric serves as a vital gauge of Litecoin's adoption and community growth.
Litecoin (LTC), the silver to Bitcoin's gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory. Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing.
Dogecoin, Litecoin, and Bitcoin Cash attract attention ahead of April 1st, a vital day for the altcoins' regulatory status. If the US Commodity Futures Trading Commission fails deny Coinbase's derivative products application for DOGE, BCH, and LTC by April 1st, the regulator will have to classify the assets as commodities.
Litecoin started a steady increase above $90 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4 hours).
Litecoin's value surged by 17% in the last seven days, allowing it to break above a key resistance level.
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets.
Speculation swirls around a potential Litecoin ETF as recent CFTC moves suggest commodity status, fueling hopes for ETF approval.
CFTC declares Ether and Litecoin as commodities in response to a complaint against KuCoin.
Litecoin (LTC) experiences a 10% price surge amid rumors of potential institutional interest in a spot Litecoin ETF,
In the CFTC complaint against KuCoin, the commission reiterated that ETH, BTC, and LTC are commodities.
Rumors regarding a potential spot Litecoin (LTC) Exchange-Traded Fund (ETF) have sparked a significant price surge, with the digital asset gaining 10% amid speculation of institutional interest. Fox Business journalist Eleanor Terrett, through a post on X (formerly Twitter), unveiled insights suggesting growing institutional intrigue towards a Litecoin ETF.
With the Bitcoin price sustaining above the $70K mark, close cousins like Litecoin are scaling new heights. As the LTC price hits the fifth positive day, the uptrend continues to gain momentum and may shortly surpass the psychological mark of $100.
CFTC reasserts Ethereum and Litecoin as commodities in legal action against KuCoin.
On-chain data shows the Litecoin network has achieved another major milestone recently as total LTC holders now exceed 8 million.
The Commodity Futures Trading Commission (CFTC) has complained about the entities that own KuCoin. The allegation calls attention to the illegal transactions involved in off-exchange commodity futures activities.
Ravencoin is trading near above $0.033, a two-week high last seen on March 12 when the altcoin soared alongside Bitcoin (BTC). With over 14% gains in the past 24 hours and 34% this past week, Ravencoin price is outperforming most of the top 10 altcoins by market cap.
The Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH) and Litecoin (LTC) as commodities, setting a precedent in the regulatory oversight of cryptocurrencies.
Litecoin Price: The crypto market returned on a recovery trend as Bitcoin price reclaimed the $70000 psychological level. The renewed recovery uplifted most of the major cryptocurrencies and influenced Litecoin.
Litecoin (LTC), often referred to as the “silver to Bitcoin's gold,” has emerged as one of the leading cryptocurrencies in the market. With its focus on speed and efficiency in transactions, Litecoin has attracted significant attention from investors seeking potential returns.
The Litecoin (LTC) price rose 11% in three days, but is there more room for growth? Technical indicators suggest so.
As per an analysis, Litecoin can jump 22%, but our analysis shows that it may take some time.