LTC recently surged before facing a sharp decline, finding support near $116.02. Key indicators make this a crucial level for traders.
It has been a rough few weeks for crypto-oriented investment products. Outflows have been happening for three weeks in a row now.
Last week, the crypto market witnessed its most significant weekly sell-off, with outflows hitting a record $2.9 billion, according to CoinShares‘ latest weekly report. This marked the third consecutive week of capital exiting digital asset investment products, bringing total outflows to $3.8 billion.
This move expands access to the stablecoin, allowing users to deposit and withdraw USDC seamlessly on Sui. With this update, Binance is strengthening its support for emerging blockchain ecosystems.
Over the past two weeks, whales have been accumulating LTC, a strong signal of growing confidence in the asset's future. This wave of accumulation comes amid increasing speculation about a Litecoin ETF approval. Amid this increasing institutional interest in LTC, traders are looking for the best platforms to maximize their gains.
Litecoin (LTC) has shown impressive momentum in recent weeks, with its price surging by over 8% in the last 24 hours. At the time of writing, LTC was trading at $127.08, continuing its strong upward trend that began in February, when it gained 25% against Bitcoin.
Litecoin's momentum remains strong, but resistance levels and market sentiment will shape its next move.
The Litecoin price has been one of the better-performing assets since a wave of bearish pressure swept the market this past week. While the altcoin initially succumbed to the downward pressure, the price of LTC has recovered to its former highs before the downturn.
With the broader crypto market recovery, the Litecoin (LTC) price has bounced back 11.2% today, surging to $127 levels as the blockchain address activity touches new highs. While top altcoins like Ethereum (ETH) experienced a brutal 31% correction in February, LTC staged a strong show, ending 1% on the green side.
Litecoin (LTC) recently saw a short-term rally, outperforming Bitcoin (BTC) in a volatile market. This boost was driven largely by the liquidation of bearish positions, fueling optimism among traders.
Despite a recent rally, Litecoin's price may be testing critical support levels, making its future uncertain.
Bitcoin's sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
Litecoin (LTC) is down 7.4% in the past 24 hours, as the market's selling spree continued after the end of yesterday's American session.
Litecoin (LTC) tumbled 10.01% to $116.53 by 02:29 (07:29 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. This drop reduced Litecoins market capitalization to $8.86 billion, accounting for 0.33% of the total cryptocurrency market.
Cardano and SUI now feature in the Grayscale Smart Contract Fund following its latest rebalancing.
Litecoin (CRYPTO: LTC) has gained 12% over the past month, significantly outperforming Bitcoin, Ethereum and XRP, all of which are down. Traders are now eyeing further upside, especially with the ETF narrative gaining traction.
The crypto market has had a rough run in February, attributed to jitters over trade tariffs. US President Donald Trump exacerbated the sour sentiment on Thursday after threatening 25% tariffs on imports from the Eurozone.
Sui has declined to $2.85 today, but its fundamentals and underlying growth suggest that a strong recovery should be coming soon. The post Sui Sees $2.5 Billion Volume Surge After Price Crash – Next Ethereum or Solana? appeared first on Cryptonews.
Binance enables USDC deposits and withdrawals on the Sui Network, boosting liquidity and transaction speed. Users can now send and receive USDC on Sui directly via Binance, avoiding bridges and extra steps.
Cryptocurrencies traded in red on Thursday as Bitcoin hovered around the $85K mark. While the focus shifts to a ‘selective alt season,' top altcoins Litecoin, Solana, and XRP remained on investor and trader watch lists. Let's check what investors can expect from their price movements in the near future.
Litecoin has been consolidating below the $140 level, showing resilience despite the broader market downturn. Even during this week's market breakdown, which saw Litecoin drop by 18%, the price managed to reclaim key levels, signaling strength compared to other altcoins.
Litecoin (LTC) has encountered a persistent challenge over the past three months, failing to break above the key resistance at $136. Despite recent attempts to breach this barrier, the altcoin has struggled to maintain upward momentum.
Litecoin (LTC) has recently surged by 12.86%, signaling a potential bullish breakout and increased market sentiment. As the cryptocurrency navigates through a period of renewed interest from large-scale traders, its technical indicators, market sentiment, and on-chain insights suggest that the altcoin could continue its upward trajectory.
Peter Brandt, a name that carries serious weight in trading circles, has turned his attention to Litecoin (LTC). Known for his expertise in classical charting for over 40 years, Brandt sees a short-term swing trade opportunity forming with this altcoin's price movements.
SUI token has been showing strong technical indicators, suggesting a possible breakout and further price gains. The cryptocurrency has recently witnessed a notable surge in trading activity, signaling that the altcoin might be on the verge of a bullish move.
Litecoin (LTC), currently ranked the 12th-largest cryptocurrency by market cap, has outpaced Bitcoin (BTC) in daily price gains. While Bitcoin, the leading digital asset, is down 3.34% daily, LTC has increased by 8% within the same time frame.
Litecoin is slowly becoming more popular among market participants ever since it displayed disparity with the other top cryptos. The price has been trying hard to break above the resistance that has been held for over a couple of years.
Defying the broader crypto market correction, Litecoin price is up 7% today surging all the way to $130 levels, and eyeing a potential breakout ahead. Furthermore, today's LTC pump comes with 60% in daily trading volumes hitting past $2.06 billion, hinting at a strong bullish undercurrent for the altcoin.
LTC and APT are the top best performers from the larger-cap alts today.
With an inverse head and shoulders breakout targeting $160 and ETF speculation fueling optimism, can LTC rally to $360 in 2025?
Litecoin breaks out with a 12.8% price surge as its RSI and moving averages signal ‘buy' in the short-term and long-term.
SUI token's technical indicators and positive metrics underlined a potential breakout and further price gains.
Pebble City, a Web3 social casino game by NHN, launches on Sui, offering innovative gameplay with blockchain integration and community-driven interactions.
Litecoin (LTC) saw a sharp 10.80% jump, reaching $122.94 by 04:38 (09:38 GMT) on Wednesday, marking its biggest one-day gain since February 10. This surge pushed Litecoins market cap to $9.07 billion, accounting for 0.31% of the total cryptocurrency market.
Litecoin is the only cryptocurrency in the top 50 with near double-digit gains over the past 24 hours. Cointelegraph explains why.
Sui (SUI) is showing signs of a potential rebound as its price climbs above the $2.80 mark, sparking optimism among traders. After experiencing a period of downside pressure, the cryptocurrency is attempting to reclaim lost ground, suggesting that bullish momentum may be building.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
Crypto traders are still counting losses after the recent market crash that pushed Bitcoin and most altcoins to multi-month lows. Litecoin (LTC) price was affected by this downtrend and plunged to a two-week low.
That's exactly what Kostas Kryptos, Co-Founder of Mysten Labs, is envisioning with Sui and Walrus. He aims to use a browser-based approach to decentralized communication.
Ondo Finance and NAVI Protocol launch a USDY rewards campaign as Sui's DeFi ecosystem expands, integrating real-world assets into DeFi.
Not all pullbacks are created equal, and Litecoin (LTC) is proving that today. As the cryptocurrency market just survived another round of massive and very painful corrections and billions worth of liquidations, the price of Bitcoin (BTC) lost almost 10% and fell as low as $85,000.
The massive market crash that saw more than $1.4 billion in crypto liquidations is thinning out, with Litecoin (LTC) leading the altcoin recovery. Key metrics associated with the coin have recorded a positive jump over the past 24 hours, signaling the likelihood that the worst is over for the altcoin.
Sui, Litecoin, and Chainlink are recovering after the Trump-led crypto market crash. A technical analysis of SUI, LTC, and LINK reveals key levels to watch.
At a time when several cryptos are struggling, Litecoin (LTC) price chose to move the other way around as the coin's value surged in the last 24 hours. Ergo, let's take a closer look at other cryptos, which also showcase potential for a similar growth.
Sui's approach to Maximum Extractable Value (MEV) focuses on transaction protection and fair competition through priority gas auctions and consensus amplification.
Litecoin (LTC) is currently attempting to sustain its position above the critical $120 threshold, eliciting concern among investors. Related Reading: $34 XRP?
The correction continues on the market, and all of the top 10 coins are in the red zone, according to CoinMarketCap.