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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Litecoin price declined heavily below $80 and $70 against the US Dollar. LTC is attempting a recovery wave but upsides might be limited above $70. Litecoin is correcting losses from the $56 support zone against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4 hours). There is…
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The Litecoin hashrate has been going up steadily over the last year. This was mainly driven by the anticipation leading up to the Litecoin halving that was slated to take place in August. Now that the halving event has come and gone, the hashrate has risen to a new all-time high, but the question is,…
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On-chain data shows that Litecoin traders are showing signs of capitulation as the asset’s much-anticipated halving event is only a few hours away now. Is Litecoin Halving A Buy The Rumor, Sell The News Event? The “halving” here refers to a periodic event where Litecoin’s block rewards (that is, rewards that miners receive for mining…
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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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Litecoin price extended its increase above the $90 zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $100 resistance. Litecoin started a fresh increase above the $90 zone against the US Dollar. The price is now trading above $90 and the 100 simple moving average (4-hours). There is…
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The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified…
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The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%. As Bitcoin continues to trot upwards and is now eyeing the $23,000 price mark,…
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Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. In…
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Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list. Litecoin Starts 2023 On A Positive Note 2022 was a terrible year for the entire cryptocurrency sector as the long bear market resulted in losses…
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