TL;DR Litecoin (LTC) has lost relevance in the crypto market, showing technical stagnation and a lack of innovation since 2017, which has reduced investor interest. Its creator, Charlie Lee, sold all his holdings in 2017, raising doubts about confidence in the project and its future.

The market intelligence platform IntoTheBlock has explained why Litecoin (LTC) isn't an asset to be overlooked based on its on-chain metrics. Litecoin Has Continued To Witness Significant Activity Recently In a new post on X, IntoTheBlock has discussed what the various key on-chain indicators have been like for the Litecoin network recently.

Bitcoin (BTC) continues to soar, surpassing the $100,000 mark for the first time, the altcoin market is also gaining serious traction. After a substantial rally in recent weeks, the total altcoin market cap has surged by more than 80% in the past five weeks, reaching $1.57 trillion by early December 9, with further growth anticipated.

Litecoin's daily usage metrics have surpassed several other prominent networks.

Bitcoin, XRP, and Litecoin have reached their initial resistance levels after breaking out of bullish patterns and are now consolidating at these levels while seeking the next direction.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.

As Bitcoin (BTC) price registered a weekly close above $100,000 for the first time since its inception, the altcoin industry is gradually gaining bullish momentum. The total altcoin market cap has rallied more than 80 percent in the last five weeks to hover about $1.57 trillion on Monday, December 9, during the earlier Asian session.

Website: Lunex Network Telegram: Join Our Telegram Community Twitter: Follow Us On X

PEPE, the frog-themed meme coin, has achieved a significant milestone by surpassing a $10 billion market cap for the first time. This surge came after PEPE's price spiked by 18% in the last 24 hours, briefly reaching a new all-time high.

XRP demonstrated impressive strength on Friday, even amid a sharp pullback following its recent rally to all-time highs, signaling robust market momentum.

BIT Mining, a global leader in cryptocurrency mining, has reinforced its commitment to mining Litecoin (LTC) and Dogecoin (DOGE) with an innovative strategy designed to optimize profitability. The company has increasingly turned to advanced hardware and market adaptability to maintain its competitive edge in the ever-evolving crypto mining landscape.

Bitcoin (BTC) retreated sharply from its all-time high of $103,604, dipping to a low of $94,035 before recovering to climb back above $$97,000 and to its current level. The drop came a day after BTC crossed the historic $100,000 mark, with its market capitalization also shrinking to $1.95 trillion.

American Bitcoin miner BIT Mining said that it is making more money mining Dogecoin and Litecoin than the biggest digital coin.

Litecoin price has gained more than 44 percent in the last week, and the strong momentum and fundamentals points to continuation.

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021.

BIT Mining remains a leading player in Litecoin and Dogecoin mining, reporting significant hash rate contributions and profitability driven by LD3 miners. The company highlights its strategy to adapt to market trends and optimize mining hardware for consistent returns in altcoin mining. The post BIT Mining Continues Focus on Litecoin and Dogecoin Mining appeared first on Cryptonews.

Litecoin price has been gaining substantial attention in the cryptocurrency market as analysts anticipate a potential altcoin rally. Over the past month, LTC has seen a remarkable surge of 31%, fueling optimism among traders.

80% of Litecoin investors are now in profit. Will this trigger a sell-off?

Litecoin has jumped by 10% in the past 24 hours, with the coin's neglect in previous months setting it up for big gains next year. The post Litecoin Surges to Two-Year High – How Quickly Can LTC Hit $1,000? appeared first on Cryptonews.

Last week, large crypto investors, known as whales, were very active in buying three main altcoins: Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP). Dogecoin (DOGE) Whales bought about $636 million worth of DOGE, causing its price to skyrocket by 85%.

Litecoin (LTC) has been making waves in the cryptocurrency market recently, with its price surging 21% to reach $122.63, marking a significant breakthrough. This surge comes as Litecoin broke through an 18-month resistance level at $115, attracting the attention of analysts and traders alike.

Bitcoin's momentum slows as traders shift focus to altcoins like XRP, Litecoin, and Hedera. Explore their technical setups, breakout targets, and correction risks.

Litecoin has gained more than 27% in the past week, pushing the number of addresses in profit to nearly 80%.

Litecoin price is surging, with $3 billion in trading volume driving explosive upward movements. Meanwhile, all eyes are on Pepe Unchained as it nears its highly anticipated DEX market debut.

Litecoin could be on the verge of a significant rally, following a pattern reminiscent of XRP's recent price movements.

Litecoin (LTC) has seen its market capitalization grow by 15% in the past week, adding $1 billion as its price reached a two-year high of $119.64.

The crypto market is abuzz with optimism as experts anticipate a massive alt season potentially brewing in the next 8–10 days. Historically, altcoins have rallied when Bitcoin's dominance dips, as witnessed in late 2021, when altcoins surged by over 140%.

Veteran trader Peter Brandt forecasts Litecoin's recovery rally that could outshine the other top altcoins. With LTC up 82% in four weeks, Litecoin miner reserves will play a critical factor in the upcoming rally.

As Litecoin reaches the price levels last seen in April 2022, the bullish trend in the LTC price is gaining momentum. With a parabolic rally on the words, Litecoin is reaching a crucial resistance breakout, priced at $128.

The crypto market is buzzing with excitement as many analysts are betting high for the biggest altseason ever, potentially starting in the next 8-10 days. Back in late 2021, when Bitcoin's dominance dipped, altcoins exploded with over 140% growth. Experts now see similar conditions brewing, with Bitcoin pushing toward $100,000.

Litecoin's price increased 21% with trading volume up 263% to $2.92 billion as multiple analysts, including Peter Brandt and Tony Severino, identify technical indicators suggesting potential further upside movement.

Crypto analyst Tony Severino said Litecoin is about to pull an XRP, suggesting that the coin could soon enjoy a parabolic rally. The analyst alluded to a bullish indicator on LTC's chart, which showed that the crypto could witness this parabolic rally.

Veteran trader Peter Brandt recently sparked market optimism with his social media post, hinting at a potential Litecoin price rally to $420. Notably, this comes as the LTC crypto has noted a surge of nearly 21% today with its volume skyrocketing, indicating strong market confidence.

The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.

Bitcoin, XRP, and Litecoin are poised to sustain their upward momentum as the market transitions into a parabolic surge.

Litecoin was finally wrapped as an ERC-20 token on Ethereum. Initially, the WLTC/WETH pool on Uniswap V3 started with extremely low liquidity.

LTC consolidates near $97 with key resistance at $100. Explore technical analysis, whale activity, and ETF speculation driving momentum.

Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.

Litecoin (LTC) has gained considerable momentum, surging by 7.40% in the latest price action. This surge marks a positive reversal after the token broke above the 61.80% Fibonacci level at $88.84.

Litecoin has been trading within an ascending channel pattern, which typically signals gradual upward movement. However, the recent rally has propelled LTC above this trendline resistance, suggesting that buyers are in control.

Litecoin price held steady and retested the crucial resistance level at $100. LTC has jumped for three consecutive weeks and is now hovering at its highest level since April 2024. It has soared by over 100% from its lowest point this year.

The Bitcoin price inched close to $100K and after facing a small pullback, it is hovering within a range. In the meantime, the top altcoins that performed well in the 2021 bull run, like Litecoin & Polkadot, have triggered a fresh bullish run.

As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.

Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.

Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.

Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.