Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency. Litecoin is at risk of breaking lower after…
Crypto derivatives exchange, BitMEX, has announced the launch of Litecoin quanto perpetual contracts on its trading platform.We’re further diversifying trading opportunities with the launch of our fifth quanto swap – say hello to the LTCUSD quanto perpetual swap, launching on 30 July 2020. More details on our blog: https://t.co/ObYhgH86od pic.twitter.com/HhJydXNU4X— BitMEX (@BitMEX) July 21, 2020The…
For investors that lack the ability or drive to deal with opening an exchange account, acquiring exposure to assets like Bitcoin Cash, Litecoin, and the like is difficult. Yet on Monday, Grayscale Investments, a cryptocurrency asset manager based in New York, revealed that these barriers to entry are starting to fall.Related Reading: Crypto Tidbits: Twitter’s “Bitcoin Scam,”…
Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar.The price is currently rising and it could surge if it clears the $48.00 resistance.There is a major bullish trend line forming with support near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).Bitcoin price could also…
2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at.Although LTC has been able to avoid declining over a year-to-date period, it has severely underperformed Bitcoin in the time following its capitulatory decline from its mid-February highs.Over a…
Litecoin is known for often being among the first altcoins to begin to see growth or decline after a period of sideways trading.Following the recent crash that shocked the crypto market, Litecoin has started to move once again and may be leading the market toward a devastating crash back to prices not traded at since…
While Litecoin started 2019 with a massive rally leading up to the asset’s hard-coded halving, the fifth-largest cryptocurrency by market cap later retraced almost the entire rally. It also led the way for a massive altcoin run, just before Bitcoin began to skyrocket and caused the alt market to correct.After a steady, prolonged decline, Litecoin…
Despite Gemini support and yesterday’s two percent gain, sellers are in control. In fact, we may see prices sliding below $50 confirming the trend resumption phase of the bear break out pattern that begun in early August. Generally, we are bearish but this could change if Litecoin find support and we see a pump towards…
Still, Litecoin is ranging within a $20 zone with upsides at $70. Though we are expectant at the back of strong fundamentals and technical formations, our Litecoin trade plans shall be solid if and only if our trading conditions are met. Latest Litecoin News Relying on the so called experts can be dashing for your…