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’s Uptrend Signals Recovery: Can LTC Catch Up to Bitcoin’s Rally?
Litecoin rallied while Bitcoin slumped but faced resistance near $110. Market indicators suggest the potential for an uptrend, but Litecoin struggles against Bitcoin. Litecoin (LTC) has exhibited a remarkable performance, rallying while Bitcoin (BTC) prices experienced a slump. This significant movement sparked optimism among investors regarding the initiation of an uptrend. Analyzing the High Time Frame (HTF) price action, LTC showcased promising signs of a potential uptrend. The breakout past the Q4 2023 range highs at $79.5 flipped the D3…
1 year ago
Crypto old guard returns – Bitcoin Cash (BCH) and Litecoin (LTC) are back
When looking at the more successful altcoins for the current crypto bull market, it is often the newcomers that really make the gains. That said, the blast from the past, in the shape of $BCH and $LITE should not be discounted. Litecoin (LTC) is one of the original altcoins that came into existence way back in 2015. Also a proof-of-work blockchain like bitcoin, but one that uses a different cryptographic algorithm, and produces more coins, Litecoin became known as the…
1 year ago
75% of Litecoin (LTC) Holders Reap Profits Amidst Market Volatility
Following a tumultuous start to April, the crypto market found itself in a sea of red. As an outlier to this trend, Litecoin stood out among the top 100 assets as it shows bullish movement, owing partly to its classification as a commodity by the Commodity Futures Trading Commission (CFTC). Litecoin – formerly part of the top 10 crypto by market cap – has faced severe setbacks over the years. Now ranked at the 19th spot, the silver crypto is…
1 year ago
Litecoin Soars Above $110 As LTC Breaks Out Of Macro Downtrend: Analysts
Litecoin (LTC) has shown a notable performance in the first quarter of the year, reaching over 30 million transactions by March 30. Last year, this feat was achieved around July when LTC traded at around $113. The US Commodity Futures Trading Commission (CFTC) recently classified Litecoin as a commodity alongside Bitcoin and Ethereum. The designation and rumors of a Litecoin exchange-traded fund (ETF) sparked bullish sentiment. Analysts and investors have forecasted a strong performance for the token. Is Litecoin Out…
1 year ago
Litecoin Price Prediction: LTC Rally Could Extend To $120
Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term. Litecoin is showing positive signs from the $95 support zone against the US Dollar. The price is now trading above $105 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair (data feed from…
1 year ago
Why Is Kelexo (KLXO) Sets the Stage for a Crypto Lending Milestone Drawing Interest from Cardano (ADA) & Litecoin (LTC) Investors Join Early
Kelexo (KLXO) has entered the cryptocurrency investing industry with the goal of reinventing traditional crypto lending. There has been exponential growth in decentralized finance (DeFi), which has driven a desire among scores of investors to examine Kelexo (KLXO) crypto lending platform, believing it has the potential to establish a trend in the next big thing when it comes to the redefinition of borrowing and lending procedures. Hence, here we will get into the dynamics of the Kelexo (KLXO) platform while…
1 year ago
Litecoin Soars Past $105 – Is LTC Set For Epic Rally This April?
Litecoin (LTC), the “silver” to Bitcoin’s “gold,” has surged in recent weeks, buoyed by a combination of technical factors, strong investor interest, and strategic accumulation by miners. The LTC price jumped 12% in the past 24 hours, reaching $106.40. This uptick follows a 40% year-to-date gain, with most of the growth concentrated in the last week. Daily trading volume has also skyrocketed by 175%, indicating a significant influx of investors into the Litecoin market. Will April Be A Good Month…
1 year ago
Litecoin’s Rising Adoption: Eight Million Addresses Could Propel LTC to $100 Threshold
The total number of wallet addresses of Litecoin increased by 1 million to hit 8 million after declining from its peak in November 2023. Analysts expect LTC to hit $150 as no crucial resistance level appears to be found after $100. Litecoin’s (LTC) on-chain activities boom ahead of the much anticipated Bitcoin halving as the number of wallet addresses grows by more than 1 million in the last 12 months. As of March 28, the total number of wallet addresses…
1 year ago
From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory
Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory. Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing. This bullish run has been accompanied by technical indicators suggesting a potential continuation of the uptrend, but some analysts warn of lurking risks. Potential Litecoin Price Bump In The Offing One key driver of optimism is the apparent…
1 year ago