Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard. With the general consensus being that Litecoin often leads the way for altcoin trends, a further fall against Bitcoin – as…
Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term. Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar. The price is now trading nicely…
The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be…
Litecoin price is gaining momentum above $60.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin) towards $70.00 or $75.00 in the near term. Litecoin started a strong rally above the $55.50 and $58.00 resistance levels against the US Dollar. The price is now trading nicely above the $60.00 level and…
Bitcoin recently exploded above $13,000 and came dollars way from setting a higher high and confirming a new uptrend. Altcoins, however, haven’t responded as well, and one cryptocurrency capital manager has a theory as to why. Su Zhu believes that because most altcoins haven’t delivered on the promises from three years ago, that when Bitcoin…
Litecoin started a strong upward move from the $41.50 support zone against the US Dollar. The price is now trading nicely above the $50.00 level and the 100-day simple moving average. There was a break above a crucial bearish trend line with resistance near $48.90 on the daily chart of the LTC/USD pair (data feed…
Litecoin started a steady recovery wave from the $53.50 and $54.00 support levels against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $58.00 on the 4-hours chart of the LTC/USD…
Bitcoin is up well over 50% year to date, but altcoins have beaten out the first-ever cryptocurrency in 2020. Etheruem, for example, has tripled compared to the number one cryptocurrency, and several others hare outperformed by even more. But there are five, powerful high timeframe signals that could be suggesting that BTC dominance has bottomed,…
There’s no denying that DeFi is the hottest trend in crypto, bar-none. This sub-set of decentralized finance-focused altcoins have been on fire as of late, beating out Bitcoin and other top crypto assets by a large margin. It has prompted one pseudonymous crypto trader to trash major altcoins like XRP, Litecoin, Bitcoin Cash, and other…
While the focus of crypto investors has been on Bitcoin and Ethereum over recent days, Litecoin’s recent price performance has come into the public spotlight. From last week’s lows of approximately $55, the asset has surged just over 20% to $67 as of this article’s writing. The embattled Bitcoin fork has suffered from a multi-year…