Litecoin has been under intense selling pressure in the past few months. After peaking in April, the coin has been trending lower, looking at the arrangement in the daily chart. There is strength at spot rates. So far, LTC is up 20% from July lows and continues to peel back losses. The expansion in price…
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Rumors regarding a potential spot Litecoin (LTC) Exchange-Traded Fund (ETF) have sparked a significant price surge, with the digital asset gaining 10% amid speculation of institutional interest. Fox Business journalist Eleanor Terrett, through a post on X (formerly Twitter), unveiled insights suggesting growing institutional intrigue towards a Litecoin ETF. Terrett shared, “SCOOP: Hearing rumblings on…
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Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly. Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing…
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Litecoin (LTC) suffered a major fall after a week of consistent growth, posing possible difficulties going forward. According to recent data, a significant proportion of wallets have sold their Bitcoin holdings. As of this writing, LTC is trading at $74.60, down 1.1% from its peak price over the previous day. This decline has also had…
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In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for developing the popular technical analysis tool Bollinger Bands, highlighted a worrying pattern in the Litecoin market. He remarked, “I was asked for an analysis of LTCBTC. The thing that concerns me the most…
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Litecoin (LTC) has spent the past week trading within a tight price range, with its value hovering steadily around the mid-range point of $64. The price action for LTC in September has remained primarily bearish, with sellers maintaining control over the market. While LTC has a history of volatile price swings, recent times have seen…
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In the months leading up to the Litecoin halving in August, the price of the blockchain’s native LTC token was continuously on the rise. This renewed interest in investors who rushed back into the token and eventually pushed its price above $100. That is until the actual halving event rolled around, turning it into a…
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Over the last few months, Litecoin has emerged as one of the top trending cryptocurrencies due to its halving event happening in August. As this event drew closer, crypto investors began filling up their LTC bags in preparation for what is expected to be a very bullish event. And now, with less than two days…
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During the past fortnight, the crypto asset litecoin (LTC) has surged over 40% against the U.S. dollar after the crypto exchange EDX announced the listing of LTC alongside three other prominent digital currencies. Additionally, Litecoin is on the verge of a reward halving, with only 30 days remaining until its block reward subsidy decreases from…
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Litecoin (LTC) has seen one of the highest rallies among the top 20 largest cryptocurrencies, jumping over 89% since the market crash following the FTX collapse. While there are a number of factors that could’ve prompted this news, on-chain data suggests that sharks are the likely culprit. Sharks Holding 100-10,000 Coins Went On A Feeding…
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