Litecoin Continues Its Upward Trend And Targets A High Of $84
The price of Litecoin (LTC) is in an upward correction after rising above the moving average lines. Price analysis by Coinidol.com.
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The price of Litecoin (LTC) is in an upward correction after rising above the moving average lines. Price analysis by Coinidol.com.
As the bulls go on a shopping frenzy in Bitcoin, the close altcoin relatives of Bitcoin are skyrocketing with additional momentum. Amidst such a turnaround, Bitcoin Cash and Litecoin are projecting a strong reversal trend. With more than double-digit returns in the recent reversal, Bitcoin Cash (BCH) and Litecoin (LTC) enter the top gainers list.
Litecoin's price was mimicking a pattern that resulted in a bull rally back in 2021.
Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours).
The Litecoin (LTC) price bounced at a long-term ascending support trend line and is breaking out from a short-term bullish pattern.
US Congressman Representative Shri Thanedar (D-Mich.) missed out on at least $120,000 by selling Litecoin (LTC), Bitcoin (BTC), and Ethereum (ETH) before their recent price surge.
Litecoin (LTC) has seen a 14.21% surge in price throughout February, reaching $76.06, a move that underscores the cryptocurrency's resilience and the commitment of its long-term investors. Despite slipping to the 21st position in market cap rankings, Litecoin's current trading price reflects optimism among analysts who foresee future price appreciation.
XRP and Litecoin (LTC), two major cryptocurrencies, have seen a significant increase in inflows over the last week, amid a market boom that has favored digital assets, in particular Bitcoin.According to CoinShares' most recent report, inflows into the cryptocurrency market continued for the fourth week in a row, with a total of $598 million coming in last week. Bitcoin received a bigger share of these inflows, totaling $570 million.
Litecoin's price action in February has been somewhat positive. Litecoin is currently up by 6.4% since February 1, giving its holders something positive to hold on to.
In the vast and volatile realm of cryptocurrencies, Litecoin (LTC) finds itself in a state of limbo, grappling with a persistent contraction in its price movement. As LTC hovers within a tight range, investors and enthusiasts alike eagerly await a breakout that could redefine its trajectory.
In the wake of Coinbase Commerce's recent decision to cease support for native Bitcoin, Dogecoin, and Litecoin payments, Mishaboar, a prominent member of the Dogecoin community, has voiced their reaction.
Litecoin started a fresh decline from the $73.00 resistance zone against the US Dollar. LTC price is now trading below $70.50 and the 55 simple moving average (4 hours).
The Litecoin Foundation responds to growing price stagnation frustrations, saying all stakeholders have a part to play in improving things.
Litecoin's (LTC) price has remained relatively stable without experiencing significant ups and downs for almost a year now. It raises the question of how much longer this trend will persist.
Litecoin's (LTC) price trades above a long-term diagonal support level but inside a short-term bearish pattern.
There are some coins who may crash during this bull market. We'd like to introduce top 3 coins that could both explode and crash.
Mishaboar, a prominent Dogecoin community member, has reacted to Coinbase Commerce's decision to no longer support native Bitcoin, Dogecoin and Litecoin payments.
Kaspa's price reached over 18 cents in the early trading hours and marked a new ATH. Meanwhile, the token appears to be unstoppable as the bulls are utilising all their resources to keep the price elevated and continue to mark new highs.
The price of Litecoin (LTC) is moving sideways, but is above the moving average lines. Price analysis of Litecoin on February 20, by Coinidol.com.
Ripple (XRP) and Litecoin (LTC) have emerged as standout performers, securing significant inflows into crypto funds dedicated to these assets. According to the latest data from CoinShares, a leader in digital asset investment products, the week ending February 16, 2024, saw XRP and LTC attract $0.4 million and $0.6 million, respectively.
XRP and Litecoin (LTC), two of the oldest and most popular cryptocurrencies on the market, have witnessed a record-breaking surge in inflows as investors poured over $1 million into crypto funds focused on these assets.
Litecoin, often hailed as the “silver to Bitcoin's gold,” has recently captured attention with a significant surge in network activity. Despite this, its price has remained stubbornly stagnant, prompting questions about its future trajectory.
Despite a hike in the number of transactions, Litecoin's price action continued to remain dormant over the last month.
Cryptocurrency traders usually ride price trends, opening short positions when the market is bearish and long positions in bull runs. This creates the perfect scenario for profitable long and short squeezes orchestrated by whales and market makers.