Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
LTC
Litecoin (LTC) Price Analysis: Bullish Signals and Key Metrics Point to Potential Upside
Litecoin is gearing up for a new bull wave with key bullish signals and key metrics pointing to a breakout. Bitcoin’s continued bullish momentum could be key to LTC maintaining its new wave and the possibility of a Litecoin spot ETF. Litecoin (LTC) looks poised to stage a bullish breakout in the short term. The altcoin is flashing bullish signals with key metrics pointing to a potential upside. One of the key signals highlighted is the recently tested lower boundary…
1 year ago
Litecoin Price Prediction: Will LTC Hold $70 or $100 Breakout Occur?
Litecoin price is flashing differing fundamentals with a potential surge to $100 on the horizon. Litecoin bullish news may form a catalyst to sustain its resilience. Recent dynamics in the price of Litecoin (LTC) have drawn the attention of investors to consider whether the digital asset could hold at $70 or breakout at $100. Despite a resurgence in the crypto market this week, LTC’s price remains at a narrow level between $81-$83 since the beginning of this month. LTC’s Price…
1 year ago
Why You Should Forget About DOT, LTC and TRX This Bull Run; Investors Looking For 100x Potential Like Rollblock (RBLK)
Polkadot, Litecoin, and TRON are all top contenders in the crypto space. However, having faced steep price declines over the last month, Rollblock has become a more appealing alternative. Rollblock recently experienced a 20% price increase after stage one of its presale sold out. Experts predict that its utility token could see returns of 100x in 2024, and as a result it will likely outperform Polkadot, Litecoin, and TRON. Polkadot Developer Activity Soars In May Over the last month, Polkadot…
1 year ago
Litecoin Price Prediction: LTC Could Rally If It Clears This Barrier
Litecoin price is recovering higher from the $75.00 zone against the US Dollar. LTC could continue to rise if it clears the $84.00 resistance zone. Litecoin is showing positive signs from the $75 support zone against the US Dollar. The price is now trading below $85 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $83.00 on the 4-hour chart of the LTC/USD pair (data feed from Kraken). The price…
1 year ago
Litecoin Analysis: Potential Profits on the Horizon as $1 Billion in LTC Nears
Litecoin (LTC) holders are actively involved in supporting the coin’s potential recovery, with minimal selling activity observed. Analysis of active addresses indicates that the majority are at breakeven levels, suggesting a preference for securing potential gains rather than selling. Amid the sell-off in the broader cryptocurrency market, the Litecoin (LTC) price is also facing a downward pressure losing 4.75% in the last 24 hours slipping under $80 as of press time. Over the last week, the Litecoin price staged some…
1 year ago
Forbes Lists XRP, ADA, BCH, LTC, XLM, XMR as ‘Zombie’ Tokens with Unproven Utility: Should Investors Dump or Hold?
Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…
1 year ago
Accessing Crypto Sahintas’ Long-term Price Prediction for DOT, DJ Mines Bullish on LTC, New Token Up Over 200%
Renowned crypto analysts on Twitter have weighed in their predictions on some top altcoins in the crypto market. For instance, Crypto Sahintas is backing Polkadot (DOT) to regain bullish control and rise in value. Similarly, despite Litecoin’s (LTC) declining price value, analyst DJ Mines suggests that now may be the best time to buy the dip for the potential gains. Meanwhile, KangaMoon (KANG) has maintained its rising growth trajectory since its presale started. KangaMoon (KANG): A meme Community with a…
1 year ago
Litecoin Simple Price Analysis: LTC Price Preparing for a Fresh Upswing to Reclaim $100
The post Litecoin Simple Price Analysis: LTC Price Preparing for a Fresh Upswing to Reclaim $100 appeared first on Coinpedia Fintech News The market appeared to be in the middle of a pre-halving rally as the Bitcoin (BTC) price soared high and achieved a new ATH close to $74,000. This triggered a healthy upswing within the entire crypto space, which propelled the LTC price beyond $100, surpassing one of the key resistance levels. Unfortunately, the sentiments flipped as the bulls…
1 year ago
Litecoin (LTC) Breaks Records: 5 Million Long-Term Holders Signal Major Market Shift
Recently, reports from IntoTheBlock revealed that the Litecoin (LTC) network has exceeded five million long-term holders. This achievement represents approximately 62.5% of all LTC addresses with a balance, underscoring Litecoin’s widespread adoption and long-term viability within the crypto community. Rising Long-Term Holder Trend Signals Optimism The surge in long-term holders has been particularly noticeable in recent months, underscoring a growing inclination towards holding LTC for quite a long time. In February’s closing days alone, the number of long-term holders soared…
1 year ago