The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions. A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with…
Read more
Nonetheless, LTC/USD is at risk of a price correction, as it’s painting a classic bearish reversal pattern. Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high,…
Read more
Litecoin price achieves $400 amid an overall crypto market boom. Litecoin (LTC) has broken the $400 mark, reaching a new all-time high price of $414 on Bitstamp on Monday. The problem with buying Litecoin is that it has become too expensive in a very little period. The world’s 10th-largest cryptocurrency by market capitalization is worth…
Read more
Litecoin continues to gain strength as traders’ attention shifts to a broader altcoin market against Bitcoin’s slowing uptrend. Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session. LTC/BTC 1-week candle…
Read more
