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In a surprising turn of events, Litecoin (LTC), one of the stalwarts of the cryptocurrency market, has taken center stage with an impressive price surge. With traders and investors betting on the upcoming block reward halving event, LTC has outperformed the broader crypto market, leaving enthusiasts and skeptics alike in awe.
the recent rally and the high MVRV ratio means those who purchased recently are already in profit. As such, there might be an incentive to cash out said profits
After a significant rise, the bulls appear to have relaxed a bit as the prices of the majority of the tokens have been facing extreme consolidation. The star crypto, Bitcoin, witnessed a significant upswing and rose above $31,000.
With the next halving event now less than 30-days away, Litecoin (LTC) price hit another 2023 peak of $114 Monday. The recent activities of LTC miners and comments from top crypto analysts provide insights into the potential price movements as the Litecoin halving countdown unfolds.
IntoTheBlock on-chain data vendor has tweeted curious data about the "digital silver," Litecoin (LTC). It turns out that in the run-up to the upcoming halvening, some Litecoin wallets have been holding 13% of the circulating LTC supply unmoved for five years.
Litecoin (LTC) price has soared over 110% in a year, with over 50% rally coming within a month. Litecoin historical data indicates LTC price tends to rally a few weeks prior to its halving and fall even more quickly after the halving event.
Litecoin Price Analysis: On June 30th, Litecoin witnessed a significant inflow of buying pressure, resulting in a massive bullish candle that breached two important resistance levels – the long-coming resistance trendline and the $103.2 mark. This development in the LTC price3 is likely associated with the Canadian government's approval for unlimited trading of Litecoin and
The Litecoin (LTC) market has continued to enjoy a bullish outlook one month toward the third halving event. In the past two weeks, Litecoin price has rallied nearly 50 percent to trade above a key resistance level, around $100.
With the majority of the cryptocurrency market taking a cue from Bitcoin (BTC) and improving its prices, Litecoin (LTC) has been no exception, having recorded an increase of over 20% in the last week, during which it surpassed the $100 threshold.
Litecoin(LTC) has been leading all of the top ten cryptocurrencies with over 25% gains last week. On Monday, July 3, the LTC price touched its new 2023 high of $114 with its market cap crossing $8 billion.
Litecoin (LTC), a cryptocurrency often referred to as "digital silver" to Bitcoin's "digital gold," has surged past the $100 mark, rising nearly 34% over the weekend.
LTC bulls could seek more gains at $130 if they manage to clear the $115 roadblock.
Litecoin, one of the oldest digital assets in the industry, has recently seen a significant resurgence. After a period of relative obscurity, the “digital silver” to Bitcoin's digital gold suddenly surged into the limelight.
As Litecoin's halving event draws near, its value is recording a thrilling surge, bringing profits and excitement to holders while
The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.
In a market of ever-changing dynamics, Litecoin (LTC), one of the top-performing cryptocurrencies, is caught in an interesting situation. The digital asset's price direction has recently been the subject of analysis by a renowned crypto expert, Ali, who is well-known for his crypto predictions and insights.
Litecoin (LTC), one of the prominent cryptocurrencies, has recently experienced a substantial surge in price, surpassing the broader crypto market. This surge has created a wave of optimism among traders and investors as they eagerly await the forthcoming block reward halving event scheduled for August.
On-chain data shows a Litecoin indicator is currently showing a pattern that has historically been bearish for the cryptocurrency's price. Litecoin 30-Day MVRV Ratio Has Registered A Surge Recently As pointed out by an analyst on Twitter, the 30-day MVRV ratio has spiked towards the 35% mark recently.
PoW-based digital assets have been on a roll lately, with gains of up to triple digits at one point.
During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies.
Litecoin (LTC) has been on a remarkable run in the past three days, emerging as one of the most impressive performers among cryptocurrencies this week. But what's causing this sudden surge in its price?
BlackRock—which looks after around $10 trillion on behalf of clients—has triggered a flood of U.S.
A look into history makes it obvious that the price of Litecoin usually dropped close to halving. However, we cannot conclude that the same will happen this year in the crypto market.
Crypto analyst Ali has hinted at a potential direction for Litecoin's (LTC) price based on its MVRV (Market Value to Realized Value) ratio. He observes that the 30-day MVRV for Litecoin is about 35% and that every time LTC has exceeded the 30% level since 2018, a sharp price correction follows.
