Bitcoin’s price was quick to record a minor correction after having registered a new ATH a few days ago. Since then, some of the market’s most popular altcoins have had to endure a brief period of price consolidation on the charts. Since the start of December, cryptocurrencies like Litecoin, Cosmos, and Dogecoin have remained stuck...Read More
Bitcoin fell after breaching its ATH and this volatility caused many altcoins to drop on the charts. Litecoin had a bullish short to medium-term outlook but appeared to form a bearish reversal pattern on the daily timeframe. Cosmos appeared to be headed toward $5 support once more, and Zcash also sought a level of support...Read More
Litecoin pictured a bullish divergence on the charts and bounced strongly off a Fibonacci level of retracement. Cosmos also moved with notable trading volume past a level of resistance and seemed to be heading higher. Finally, Decred formed a double bottom a few days ago and rose to test a region of supply at $24....Read More
The past twelve hours saw the altcoins mirror Bitcoin’s movement. The momentum was bullish for Litecoin and IOTA, but the trading volume would need to pick up to affirm their price movement in either direction in the short-term. Ethereum Classic was likely to flip another level of resistance to support and could post more gains...Read More
The past week saw Bitcoin scale new heights with the coin going past its $18K resistance in a bid to recreate the historic 2017 rally. At press time Bitcoin was being traded at $18,242 with a trading volume of $23.1 billion. Source: CoinStats On the back of the Bitcoin bull run, many altcoins have noted...Read More
Bitcoin approached its ATH after years in a bear market. The euphoric sentiment aside, no asset moves upward in a straight line and retracements are part of a healthy uptrend. However, an eventual Bitcoin pullback could hurt the altcoin market in its immediate aftermath. Litecoin approached an important level of resistance on the back of...Read More
The Crypto Fear and Greed Index was registering a figure of 90 at the time of writing, expressing a sentiment of extreme greed in the market. Litecoin and NEM reflected this bullish sentiment as they formed bullish patterns on their charts and found strong buyer interest behind their price rise. Verge, on the contrary, noted...Read More
Litecoin formed a bearish pattern and could be poised to drop lower while Tron registered slight gains in recent hours on a bounce off support. Algorand was retracing after a downward move, and a strong rejection at an important level of retracement could signal that its short-term bounce was at an end. Litecoin [LTC] Source:...Read More
Litecoin’s most recent bounce off the support level appeared not to have the backing of willing buyers, with the same suggesting that a drop in price was imminent. There was also a level of strong resistance just above Litecoin, a level it might not be able to test over the next few days. Polkadot was...Read More
A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its...Read More
Bitcoin reached as high as $14,049 in the past 24 hours and was trading at $13,807 at press time. Bitcoin’s hold above $13,700 could inspire confidence and perhaps even FOMO among investors in the coming days, especially if the coin moves past $14,000 with strength. This bullish sentiment did not extend to most other large-cap...Read More
The Bitcoin market has been leading the altcoins trend for the longest time, but currently, some alts have been at a deciding junction. Litecoin [LTC] was one such alts at an indecisive position. The current price of LTC was at $52.67 and it can be an interesting point for both short-position and long-position. Litecoin 1-hour...Read More
After a hint of price stabilization along its key support levels on the price charts, all three alts – Litecoin, Zcash, and BitTorrent, at the time of writing, were once again starting to record noticeable gains. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin’s prices were noting a strong buying momentum as it rose above its...Read More
Litecoin witnessed a drop in its buying volumes amid the market-wide sell-off, with the digital asset plunging below key support turned resistance levels. Tron experienced some strong selling pressure, in the midst of a highly volatile scenario. Finally, the technical indicators for Zcash too suggested a clear bearish outlook for its immediate short-term trading sessions....Read More
Managing to work through the market-wide sell-off today, most altcoins recorded some losses on their trading charts, with Bitcoin too trying to stay just above the $13,100 level at press time. Litecoin was witnessing selling pressure, that pushed the digital asset beneath two of its short-term-period moving averages. Following the negative sentiment, IOTA too remained...Read More
Crypto Fear and Greed Index showed a value of 70 as Bitcoin saw bullishness prevail both on the charts and on social media posts. Litecoin rose past resistance at $58.6 but showed a bearish divergence that could see a minor pullback for the asset. Tron was trading within a range and showed no signs yet...Read More
After an extended period of uncertainty, Litecoin and Polkadot’s values registered significant gains, with both alts picking up good buying momentum on the charts. Further down the crypto-ladder, the mixed signals also coincided with bearish divergence and low market volatility, in the case of Dogecoin. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin was seen trading...Read More
Having witnessed positive price fluctuations on the daily charts for top digital assets Bitcoin and Ethereum, the rest of the cryptocurrency market appeared to be heading for a bullish revival. With some bullishness witnessed on its hourly chart, Litecoin could be seen targeting its overhead resistance soon. While the possibility of a stalled bearish drag...Read More
Despite talk of an altseason rearing its head a few months ago, it would seem now that most of the market’s altcoins have reverted back to following Bitcoin’s lead. The world’s largest cryptocurrency fell below $11k in the first week of October, following which, BTC was quick to climb and hold a position above the...Read More
Cryptocurrency asset manager Grayscale Investments published its third-quarter investment report, according to which the firm has raised $1.05 billion into its investment products, marking this their largest capital inflow in a single quarter ever. Dropping our latest Digital Asset Investment Report this morning…@Grayscale raised over $1 billion into our family of products in 3Q20!! a...Read More
Bitcoin Dominance has slowly decreased in the past few days, from 59.99 to 59.69 at press time. Bitcoin surged from a low of $11,250 to a high of $11,750 in the past couple of days. Source: CoinStats The higher lows Bitcoin sets could see a bullish scenario develop for the altcoin market as well. Litecoin...Read More
The recent rise of Litecoin appeared not to have the backing of buyers, with LTC expected to head lower on the charts once more. This was interesting since it came amidst reports that institutional investors could be turning to Bitcoin as a hedge against inflation, with the world’s biggest cryptocurrency moving past $11,200 recently following...Read More
Daily charts showed bearish momentum in the market, with some digital assets settling just above key support levels. DASH and Stellar Lumens, ahead of a major downward move, were seen trading at their supports. While Litecoin, still waiting to claim its immediate support, might face an uncertain weekend in terms of its price action. High levels...Read More
Litecoin has been trending upward for a couple of weeks, but the asset would need a few more trading sessions to show if it could continue the trend or if there was an imminent reversal. Zcash showed bullishness and buyers were dominant in the market. Synthetix was bearish after the failure to defend a level...Read More
Litecoin was moving within an ascending channel and had reclaimed a level of resistance recently. Stellar Lumens faced heavy selling pressure and was likely to see a drop in value. Basic Attention Token trended upward for a period of nearly two weeks before the trend exhausted itself and bears seized control. Litecoin [LTC] Source: LTC/USD...Read More
Markets today experienced a day of persisting September selling pressure, after going through a short breather of some bullish sentiment yesterday. Following Bitcoin’s 24 -hour price dump from $10,900 levels to almost $ 10,400; Litecoin, Cosmos, and Dash also appeared to be highly bearish, with all three alts trading in red zones at press time....Read More
Bitcoin made another attempt at $11,000 but couldn’t reach past $10,856 before facing rejection. At press time the coin was being traded at $10,727 after having seen a minor hike of 0.33 percent in the past 24-hours. Source: CoinStats Litecoin surged above a level of resistance and could continue to rise in the coming hours...Read More
Litecoin sailed past its level of resistance on the charts and could register some more gains in the next day or two, before facing its next resistance. Ontology could continue to show bullish momentum in the markets in the short-term. Zcash bulls showed strength too, and were likely to drive prices up in the coming...Read More
While Bitcoin briefly spiked to climb to $11,179 on the charts, it had fallen to trade at $10,944, at press time. A rising Bitcoin, accompanied by rising Bitcoin dominance, showed that altcoins were overextended in the month of August and are now either retracing gains made or consolidating for a next move upwards. Litecoin was...Read More
Bitcoin Dominance rose to 61.15 from yesterday’s low of 59.9 while Bitcoin saw gains and was valued at $10,850 at press time. Bitcoin’s rise in the past few days was accompanied by many major altcoins seeing red. This can be explained by traders selling their altcoin holdings to buy a surging BTC in an attempt...Read More
