Litecoin sees higher whale activity: Santiment
Litecoin, a peer-to-peer cryptocurrency, remained in a consolidation phase as open interest in the futures market remained muted and as whale activity rose.
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Litecoin, a peer-to-peer cryptocurrency, remained in a consolidation phase as open interest in the futures market remained muted and as whale activity rose.
Despite Bitcoin's recent downturn, LTC has shown resilience, maintaining an 8% upward swing.
Litecoin (LTC) has emerged as a standout performer, defying the prevailing bearish trend. Analysts are now forecasting a potential surge that could see Litecoin's price hit $100, driven by promising technical patterns and strong market fundamentals.
Litecoin (LTC) is set to enjoy a significant price increase due to massive buying pressure from institutional investors like Grayscale. A recent analysis by crypto analyst 28 Crypto also showed that Litecoin is poised to enjoy significant price gains.
A new asset has been added to merged mining, relying on Litecoin mining rigs. Bellscoin (BEL) aims to become a high-profile asset, based on the fame of LTC and DOGE.
In the past week, Litecoin has demonstrated a robust performance, with its price rising by over 3%. This positive trend has continued into the last 24 hours, with another 3% increase pushing LTC's trading price to approximately $65.58.
Amid Litecoin's bullish trend, analysts have identified a potential breakout pattern.
Despite being termed the ‘digital silver', the Litecoin price has remained muted in the last year. The altcoin's price saw a run-up back in 2023, leading up to its halving.
Litecoin was successfully trading above a key support level, which hinted at a bull run towards $100 soon.
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE.
Discover the latest insights from industry experts about the top 5 cryptocurrency picks primed for explosive growth by year-end. Learn about key investment strategies and why stocking up now can empower your financial future.
A recent transaction involving Litecoin (LTC) has caused a stir in the cryptocurrency world. Binance, the world's largest crypto exchange, received an enormous deposit of 200,000 LTC, valued at over $12.7 million.
Litecoin was the market's anomaly as it hiked while other cryptos fell.
Litecoin (LTC) finds itself in a challenging market environment marked by significant volatility and bearish trends. Trading at approximately $62.40, Litecoin has seen a modest gain of 0.2% over the past day, reflecting a period of relative stability amid a broader downturn in the cryptocurrency market.
After a period marked by bearish trends, the Litecoin price is now showing signs of recovery. Recently, the cryptocurrency experienced a noticeable rebound.
August was a challenging month for cryptocurrency investors who experienced portfolio losses in an unfavorable overall market performance. With September arriving, Finbold looked into solid cryptocurrencies that could bounce up and reach a $5 billion market cap.
With a drop of approximately 1% today, the price of Bitcoin is hovering close to its $59,000 mark. This indicates an increase in the bearish sentiment in the crypto space. Following this, top altcoins have recorded a similar price action. On the other hand, the Litecoin price has jumped 4.89% during this time.
Liquidations all over the crypto market, especially in coins like Litecoin (LTC) and PEPE, have made investors anxious. While Litecoin (LTC) has formed a messy structure with no identifiable pattern, PEPE is trying to hold its $0.0000075 support level.
Litecoin gained 2.4% while Bitcoin Cash rose 2% in overnight trading.
Less than two hours ago, popular blockchain sleuth Whale Alert, which tenaciously monitors large cryptocurrency movements and shares details on their website and on the X platform, spotted a big Litecoin transfer made to the Binance exchange.
Litecoin (LTC) price has recently experienced a notable price surge. This positive movement contrasts with the broader altcoin market's struggle to gain momentum.
The Litecoin price has fallen by 2% in the past 24 hours, declining to $61.49 on a day that has seen prices drop throughout the market.
Litecoin (LTC), one of the pioneering cryptocurrencies, is experiencing a challenging period as its price hovers around $63. In the past week alone, Litecoin has dropped over 5%, and its value has decreased by 11% over the last 30 days.
On-chain data shows Litecoin has recently seen a sudden exit of small hands, which can favor LTC's price. Small Litecoin Investors Have Been Displaying FUD Recently In a new post on X, the on-chain analytics firm Santiment discussed the latest shift in Litecoin's userbase.