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Litecoin has seen a remarkable surge in recent weeks, gaining almost 8% in the last seven days. This surge has made Litecoin one of the most profitable assets in the crypto market, not just in the short term, but also over the past 30 days.
In the ever-evolving landscape of cryptocurrencies, two prominent digital assets, Binance Coin (BNB) and Litecoin (LTC), are making headlines with groundbreaking initiatives and notable achievements. Binance Coin, the native token of the leading Binance exchange, has recently introduced an innovative gas grant program.
A crypto trivia published on Twitter by Binance.US to test the knowledge of the crypto community about meme coins and crypto forks has spurred surprising responses.
The crypto market started May negatively with a 9% correction in the first 12 days. However, thanks to the intense whale activity in the altcoin market, the global crypto market capitalization managed to regain 3% before the close of the month.
Litecoin price analysis indicates an increasing trend for the last 24-hour period, as the price is trading at $94.81, up 7.42%. Moreover, buying pressure is expected to continue pushing the LTC token even higher in the coming days.
In a recent update, renowned crypto analyst Michaël van de Poppe shared his insights on altcoins on Twitter, focusing specifically on Litecoin (LTC) and Chainlink (LINK).
The Litecoin (LTC) network has recently experienced a substantial surge in on-chain trading volume, particularly in whale transactions, according to the on-chain analytics platform Santiment. In fact, transaction volume on the Litecoin network has reached a two-year high, indicating a significant increase in market activity.
Litecoin [LTC] has been on an uptrend over the past 14 days, and the breakout past the $85 and $93 resistance levels was a vital win for bulls.
A widely followed crypto analyst is updating his followers on the state of altcoins, looking at Litecoin (LTC) and Chainlink (LINK) specifically. Crypto trader Michaël van de Poppe tells his 657,300 Twitter followers that the total market cap for altcoins has “heavy” support on the 200-week moving average (MA) and the exponential moving average (EMA).
Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players.
LTC has begun showing similar signs of previous pre-halving cycles. However, traders differed in the short-term expectations.
The Litecoin (LTC) price managed to increase last week despite an overall bearish crypto market, a decisive sign of strength.
Litecoin has recently managed to break past the $95 mark as on-chain data shows the whales have become active on the network. Litecoin Has Surged After Spike In Whale Activity According to data from the on-chain analytics firm Santiment, the current whale activity is the highest it has been since January.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) Ethereum's volatility spiked this week, and it managed to book a 4% price increase.
In a recently published tweet, on-chain data agency Santiment published a tweet to share three reasons for Litecoin (LTC) increasing in price on a weekly and daily basis. The main cause is the approaching LTC halving event in August.
In a surprising turn of events, Litecoin( LTC), the prominent cryptocurrency, has surfaced as a shining star in the request. While its rivals, Bitcoin( BTC) and Ethereum( ETH), endured a slight dip in value, Litecoin witnessed a estimable 3 swell, reaching an intraday high of roughly$ 95.
Defying the consolidation in the broader cryptocurrency market, Litecoin (LTC) is once again making moves to the north. Over the last 24 hours, the LTC price is up by 5% shooting past $95.
Story Highlights LTC price could possibly reach a maximum of $122.874 by the end of 2023. Litecoin price with a potential surge could reach a maximum of $497.748 by the end of 2030.
Bitcoin, Ethereum, and Dogecoin were seen trading lower on Thursday evening as the global cryptocurrency market cap fell 0.8% to $1.1 trillion at the time of publishing.
Litecoin's hashrate increased by more than 60% compared to a year ago which was a bullish sign for investors. However, LTC didn't have only this to offer as its price too put forth a bullish narrative for the days to come.
LTC has outperformed both bitcoin and ether over the last 30 days.
According to CoinMarketCap data, litecoin is the top gainer in the last 24 hours with a 7.04% increase to $95.12.
Litecoin could be single-handedly be saving the crypto market from further catastrophe. If an ongoing bullish breakout attempt is successful, it could revitalize cryptocurrency bulls across all assets.
Litecoin (LTC), one of the leading cryptocurrencies in the market, is experiencing a crucial phase as bulls encounter significant resistance in their pursuit of surpassing the $94 price level. In this analysis, we delve into the challenges faced by Litecoin and explore the dynamics that could shape its price movements in the near future.
