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.
Litecoin price jumped 1% to $63.7 during U.S. trading on Tuesday despite a general pullback in the crypto market. The bearish turnaround for most major altcoins showed a lack of momentum, indicating a temporary drop for buyers to stabilize from last week's rally.
The exodus of small-scale Litecoin holders may signal a bullish turnaround.
Despite the bearish market conditions, some institutional investors continue to show interest in Litecoin.
The crypto market continues to show signs of vitality, with Solana, Ethereum, and Litecoin remaining among the main players with their prices and news. Prices and market statistics of the crypto Solana, Ethereum, and Litecoin Solana (SOL) is currently trading at around 154.96 USD, with a market capitalization of 72.
Formerly heralded as the silver to Bitcoin's gold, Litecoin has seen better times. Since peaking on April 1, the cryptocurrency's market value has dropped by 36%, indicating a steady decline.
Litecoin has been struggling with a significant price drop and reduced social interest, but a recent sell-off by small traders could hint at a market turnaround.
LTC daily chart shows a falling channel pattern with a failed breakout above the 50-D EMA. Only 71 Litecoin addresses are profitable, with 97.19% of holders facing losses. Santiment reports a significant drop in smallholders, indicating a potential bull run. With a bearish end to the last week, Litecoin registers a 2.
Litecoin, one of the most established cryptocurrencies, has been experiencing a challenging period. However, recent data reveals a glimmer of hope.
Litecoin's struggles since falling from highs of $110 in March have now pushed nearly three-quarters of the holder addresses into a loss. This week, the LTC price extended its negative trajectory by falling below $65.
Litecoin (LTC) has been a significant player in the cryptocurrency world since its inception, often regarded as the silver to Bitcoin's gold. However, recent market fluctuations have left many investors wondering about its future.
Litecoin is attracting increasing attention from institutional investors. One notable player is Grayscale, a major institutional investor in the crypto space.
As Litecoin retests the $61 support, a bullish reversal may be on the horizon.
The broader cryptocurrency market has shown a solid recovery this week, reflected by a 4% increase in capitalization.
Litecoin, one of the most established names in the crypto currency world, is witnessing a remarkable surge in its transaction volume. Over the past year, Litecoin's transaction volume has more than doubled, marking a significant uptick in user engagement and network activity.
Litecoin price fell below $65 on Aug 23, after down 8% in the past week bearish trading activity among LTC miners is hints at further downside potential.
Litecoin has been on a steady upward trajectory since early August, driven by robust buying interest. With significant technical indicators aligning positively, investors are keenly watching for further movements.
Litecoin's latest news reveals growing demand from the institutional class of investors - Here's why.
Litecoin struggles amid bearish pressure as on-chain data and technical indicators point to further downside potential.
Since the crypto market experienced a downturn on August 5th—prompted by weak U.S. employment data and underperforming tech stocks—Litecoin has shown a consistent uptrend. As of the latest data, LTC's trading volumes have surged by 16%, according to Coin Market Cap.
On-chain data shows the Litecoin transaction volume has more than doubled in the last year, a sign that could be positive for the network.
Litecoin (LTC) price has recently experienced a significant market correction, reflecting a downward trend. The altcoin has slipped below the crucial $65 support level, signaling growing bearish sentiment among traders.
Litecoin's 150-day SMA has shifted to below price, indicating that the long-term trend is positive.
There is always scope for improvement in the crypto market, and the recent market correction has created new opportunities that can become multi-baggers in the future. One such opportunity for Litecoin (LTC) and Chainlink (LINK) investors is DTX Exchange, which has over 10,000+ users.
Litecoin (LTC) has defied recent market volatility, showing an impressive 10.32% gain over the past week. This unexpected surge has drawn the attention of both investors and analysts, especially considering the significant whale activity that has accompanied it.