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Litecoin (LTC) Records Spike In Active Addresses Following Release of LTC-20: Santiment
Popular Bitcoin hard fork and one of the earliest cryptocurrencies, Litecoin (LTC), have recorded some interesting network activity in recent times. According to data from the on-chain analytics platform, Santiment, the number of daily active network addresses on Litecoin has increased by over 400,000 since the start of May.  However, Litecoin has only experienced a…
Litecoin Rate Forecast: LTC Healing at Clear Danger on 2 Aspects
Litecoin price is attempting a recovery wave from $75 against the US Dollar. LTC could struggle to clear $82 or $85 and might start another decline. Litecoin is slowly moving higher and correcting toward $82 against the US Dollar. The price is now trading above $85 and the 100 simple moving average (4 hours). There…
Litecoin (LTC) Falls Under $80, Is It Time To Purchase Now?
Litecoin has continued to decline and has now slipped under the $80 level, but if a metric is anything to go by, the coin may be near the bottom. Litecoin Is Now In The MVRV Opportunity Zone According to data from the on-chain analytics firm Santiment, some altcoins, including Litecoin, are showing underbought signals after…
How Quickly Will Litecoin Breach This Mental Resistance Level?
In line with other indicators, LTC has shown sell signals associated with negative price action. The Moving Average Convergence Divergence (MACD), which indicates price momentum and reversals, has continued to form red histograms, signaling sellers to the table. The Directional Movement Index has also been negative, with the +DI line (blue) below the -DI line…
Litecoin Cost Forecast: Bullish Break To $120 Still In Sight
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…
Litecoin (LTC) Shows Debt Consolidation– Can We Anticipate A Turnaround Quickly?
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…
Litecoin Whale Deals Set New 2023 High, Bullish Signal?
On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price. Litecoin Transactions Valued Higher Than $1 Million Have Surged According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here…
Shiba Inu Decreases 6%, Gets Turned By Litecoin In Market Cap Again
Shiba Inu has once again been flipped by Litecoin in terms of market cap as the meme coin has recorded losses of 6% in the past 24 hours. Shiba Inu Is Down More Than 6% Today The year 2023 so far has overall been a pleasant time for SHIB holders as the coin is up…
Is Litecoin (LTC) Anticipating A Pullback Prior To Skyrocketing Once Again?
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,…
Litecoin Cost Might Rally 285% Pre-Halving Based Upon Historic Information
While the Bitcoin halving is not expected until March 13, 2024, according to Coinwarz data, Litecoin investors can already look forward to the traditionally bullish event as soon as this year. According to NiceHash’s estimate, the Litecoin halving will take place in 189 days, on July 19, 2023. The approaching halving has prompted analyst Rekt…