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Litecoin price is now back under $100, locked within an ever tightening trading range. The lack of notorious cryptocurrency market volatility in LTCUSD in recent weeks is reminiscent of late 2016 and early 2017 — right before an epic 100x rally.
Litecoin price rose 5% to retest $100 on Tuesday morning. However, historical data suggests LTC will likely retrace as the Litecoin Halving date draws closer.
Cryptocurrency analysts of Coinidol.com report, Litecoin (LTC) price is still trading in the bullish trend zone after leaving the $115 high.
Prominent crypto trader and analyst Michael van de Poppe has taken to Twitter to share a Litecoin chart with his price prediction.
Will Litecoin price breakthrough and embark on a bull run or will it retreat, succumbing to the pressure at this resistance level?
Despite a minor upswing, the Bitcoin price continues to chop around $30.500, trying hard to reach the immediate target above $31,000. Alongside, Ethereum price also displayed a similar price action with a minimal jump, due to which both tokens continue to trade under the bearish influence.
A widely followed crypto strategist believes that Ethereum (ETH) challenger Avalanche (AVAX) is gearing up for a move to the upside. Trader Michaël van de Poppe tells his 660,000 Twitter followers that AVAX looks bullish after briefly moving above resistance at $14.
In the ever-evolving world of cryptocurrencies, Litecoin has emerged as a prominent player, experiencing an impressive surge of nearly 90% over the past year. This article delves into the factors behind Litecoin's remarkable growth, including the highly anticipated halving event and its status as a preferred cryptocurrency for payments.
Despite facing a challenging period in recent months, the price of Litecoin has demonstrated a significant upward trajectory. In June, LTC experienced a decline to $71; however, the bulls subsequently took charge and initiated a recovery.
The weakness in the U.S. dollar index bodes well for Bitcoin and the altcoins in the near term.
In a recent interview on the YouTube series Altcoin Daily, Quant Analyst Ben Cowen gave a surprising prediction for Litecoin's price during its upcoming halving (expected around 1 August 2023).
Litecoin's BitPay payment counts were higher than those of Bitcoin. However, the coin's price declined sharply over the last 24 hours.
The Litecoin (LTC) market suddenly turned bearish over the weekend after enjoying a bullish outlook in the past two weeks. Notably, the Litecoin weekly bar closed on Sunday below the 200 Moving Average (MA) and a crucial support/resistance level of around $100. Trading around $93.
Litecoin gains attention with a trading volume surpassing $1 billion, securing its position among the top 10 cryptocurrencies.
Litecoin (LTC) has recently faced a significant decline in its price, with bears gaining momentum as it slumps below the crucial $100 mark. LTC, often referred to as the “silver to Bitcoin's gold,” has been a favorite among investors seeking an alternative to the pioneer cryptocurrency.
Litecoin's 90% climb over the past year, due to the halving, offers insights into Bitcoin's future, while Bitcoin sees a partial rebound from a crypto rout, as per Bloomberg.
A wave of selling forced Litecoin prices to drop below $100, but the bulls remained dominant in the market and a move toward $125 was possible.
The general cryptocurrency market, led by Bitcoin (BTC), has recently consolidated after receiving a boost from increased institutional interest. Notably, with Bitcoin comfortably establishing itself above the $30,000 mark, attention has shifted to altcoins and their potential to attract capital inflow and challenge Bitcoin's dominance.
A leaked European Union draft document has shown the trading bloc wants to create a system of "global governance" to manage the "unprecedented opportunities" of virtual worlds
We examined the state of liquidations recently and discovered that there has been a fair share of liquidations on both sides. However, Litecoin pivoted on 3 July and on the same day the number of long liquidations was higher than short liquidations.
Despite Bitcoin's recent decline, altcoins like Ripple (XRP), Solana (SOL), and Litecoin (LTC) show potential for growth in the coming week.
Litecoin surpassed Bitcoin to emerge as the most used digital asset for payments in the month of June.
A widely followed crypto analyst is predicting rallies for Bitcoin Cash (BCH), Litecoin (LTC), meme asset Pepe (PEPE) and one Ethereum (ETH) competitor.
Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment.
