Tag Archives: LTC price rally

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Litecoin was bullish. The reaction at $95 and the attempts to push above $100 meant bulls have the upper hand. Bitcoin [BTC] saw a small move upward from $22.8k toContinue reading “Examining Litecoin’s [LTC] chances of reaching $130 after bullish breakout”

Litecoin’s hash rate marked an all-time high Breaking correlation with the rest of the market, LTC rallied amid market downturn At 613.81 TH/s, Litecoin’s [LTC] hash rate recently clinched a new all-time high, data from CoinWarz revealed. Following its last significant dip in July, Litecoin’s hash rate rallied by 64% within four months.  Read Litecoin’s [LTC]Continue reading “Litecoin’s [LTC] hash rate touches all time high, but is a relief rally in sight”

Litecoin’s hash rate improves, miner fees continue to grow Market cap dominance continues to improve Even though Bitcoin miners continue to suffer from FUD, the same couldn’t be said for Litecoin [LTC] as it witnessed an improvement. According to a recent tweet made by Litecoin on 13 November, its hash rate was at 535.6 TH/s.Continue reading “Litecoin miners may have reason to celebrate, but can LTC holders say the same”

Litecoin [LTC] has been in a volatility bondage. This was the opinion of John Bollinger, renowned analyst, and inventor of the famous indicator, Bollinger Bands. Speaking in anticipation of the 2022 Litecoin Summit, Bollinger noted that LTC had been stuck in extremely low volatility regions for five months. He also pointed out that there wasContinue reading “Will Litecoin [LTC] breakout after this analyst claims it has been held prisoner”

Litecoin continues to go up the price chart. Its growth has been gradual, unlike Loopring and Flow. And, with this strategy, the altcoin has managed to stay out of the volatile zones. Thus, giving itself room to chart gains without the worry of a reversal. This is one reason why Litecoin is giving no reactionContinue reading “Litecoin: Can Twitter trolls affect LTC investors’ portfolio”

Litecoin [LTC] is up roughly 25% in the last seven days as the bullish market conditions pave the way for some upside. However, unlike most of its counterparts, LTC did not manage to sum up enough buying pressure to push out of its four-week range. Litecoin’s price of $58.68 on 20 July had already startedContinue reading “Can Litecoin gather enough bullish pressure to see a breakout”

In an interesting turn of events, Litecoin holders exhibited a surprising change in their behavior when the more affluent cohorts suddenly became active around the last couple of days. Now regular activity isn’t unusual since it is obvious for them to move their LTC holdings around, but the sudden random spikes do raise questions. LitecoinContinue reading “Litecoin: Why richer holders are moving around LTC all of a sudden”

Litecoin, over the past year or so, has been gradually pushed out of the list of top-10 coins ranked by market cap. As expected, newer coins soon gained traction on the charts. Over the last few months, the alt has kept a low profile, tempting the market with a potential breakout. Finally, over the lastContinue reading “Assessing if Litecoin’s position as an inflation hedge can push it to $500”

Litecoin’s price rally started on April 14, and it has continued since then and its price is up 30% since April 13. The increasing trade volume signals that the price rally may be an extended one. With the steadily increasing trade volume, Litecoin’s price is only 13% away from the ATH. Among top altcoins, LitecoinContinue reading “Should traders invest in Litecoin in the current market?”

Marking the start of the alt season, altcoins in the top 25 on CoinMarketCap are rallying. At the time of writing, 23 out of 25 altcoins have positive weekly returns. Of these, Litecoin, ranking ninth in terms of market capitalization has posted a daily gain of over 4% and the price remains 42% away fromContinue reading “Traders holding Litecoin in portfolios can look forward to this”