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Litecoin (LTC) – CryptoNewsZ Cryptocurrency & Blockchain News Updates

  • Litecoin Strengthens Above 50.0% Fib and Trades Above $55
    on July 31, 2020 at 10:38 am

    Litecoin (LTC), at the press time, was trading around $56 after recording a 24-hour high around $59 price area, yesterday. With bullish sentiments in the intraday market, the price trend of LTC/USD is near to breaching the upper 20-day Bollinger Band. Litecoin price along with Bitcoin, Ethereum, and XRP pumps when the market is geared …

  • Litecoin Surges Exceptionally in Intraday; Faces Resistance at $50
    by Paul Jolin on July 25, 2020 at 12:30 pm

    Litecoin at the time of penning down this analysis was trading at $47 after breaching a 6-week resistance at $48.35 just around the press time. LTC holds a steep surge in the price just around the press time from the trading range of $44 and is also hit a fresh Month-to-Date high. Moreover, the coin also drew a higher high pattern before the bullish candlewick over the past ten days but is facing a strict rejection at and beyond $50. Litecoin is a long-term investment, and the change in its price trend is very much influenced by Bitcoin. With the recent pump in the price of Bitcoin above $9.65k, we have seen the influential altcoins like BCH, LTC, BNB, etc., soar in the intraday. Litecoin Price Analysis LTC/USD Chart By TradingView On the 4-houlry chart, Litecoin is seen reclaiming 6-week height against the US Dollar after resorting to a low below $40 at $39. With the recent high spike in the price, it is already above 61.80% Fib retracement level, and to a major extent, the coin has been trading between 38.20% to 61.80% Fib Retracement level. After breaking the 6-week resistance on the 7-week chart, a steep surge in … The post Litecoin Surges Exceptionally in Intraday; Faces Resistance at $50 appeared first on CoinNewsSpan.

  • Litecoin Lists on OTC Market but Faces String Resistance at $45.5
    on July 22, 2020 at 9:12 am

    Grayscale— a leader in digital currency asset management of public and private funds, has received FINRA consent with respect to Bitcoin Cash Trust and Litecoin Trust for public quotations on OTC Market Group. The two are listed under the symbol $BCHG and $LTCN. The diversified exposure will lead to extended reach amidst 10,000 US and …

  • Litecoin Lacks Steady Momentum and Faces Rejection Above $45
    by Lili Chuang on July 10, 2020 at 12:32 pm

    Litecoin apart from the facing a strict resistance above $85 on YTD chart and at $45 on the monthly chart is luring attention as Cardano’s CEO Charles Hoskinson welcome Charli Lee to work together potentially. Moreover, Litecoin was believed to be dead for the longest time, but in defense, dead coins are not consonant, liquid, and vigorous for 11 years straight with growth and development. A developer from #Grin is working on #LTC + Mimblewimble#Cardano & #Litecoin Foundation explore ways to potentially work togetherLitecoin test #Segwit to help with #Bitcoin transition to Lightning NetworkSeems to me like a pretty forward looking coin & relevant coin to me— David Schwartz (aka – Dasch) (@DaddyCool1991) July 10, 2020 Litecoin appears strong and is seen growing with a considerate pace and more importantly, is not inconsistent with the growth cycle of the market. Since LTC is believed to be an investment of the long-term, therefore, is less volatile in comparison to other altcoins of the market that are exhibiting steep surging trend. This has necessarily led to the increasing value of Litecoin, and what makes this even more valuable than before? #Litecoin continues to look good and grow during this rise in the … The post Litecoin Lacks Steady Momentum and Faces Rejection Above $45 appeared first on CoinNewsSpan.

  • Litecoin (LTC) Lacks Momentum and Support; Trades at $42
    on June 27, 2020 at 12:22 pm

    Litecoin fundamentals, just like Bitcoin fundamentals are stronger than ever as Litecoin is believed to be a dupe of Bitcoin if consider the long-term investing aim for the former just at the latter. Important to highlight that as the altcoin season has elevated all the alts irrespective of a spike in price or not. Litecoin, …

  • Litecoin (LTC) Lacks Momentum & Trades in a Narrow Range
    on June 16, 2020 at 1:09 pm

    Litecoin, at the time of penning down this article, was trading at 43.94 against the US Dollar and is lacking support from both 50-day and 200-day MA on the 24-hourly chart. Additionally, it was just towards the end of the previous week, Litecoin Hashrate was hitting an All-Time High. Litecoin Hashrate is a numerical value …

  • Litecoin Core v0.18.1 Now Released; Charlie Lee Tweets the News!
    on June 11, 2020 at 12:59 pm

    The creator of Litecoin, Charlie Lee, expressed his joy over the final release of Litecoin Core 0.18.1 through a tweet. He is thankful all to all the creators who have worked on this new update. He also talks about the upcoming release, i.e., Litecoin 0.20, which will make it stand in line with the latest …

  • Litecoin (LTC) Facing Strong Resistance & Rejection at $50 for Over 3 Months Now
    by Aarav Ghosh on June 8, 2020 at 1:58 pm

    Litecoin has been stranded around $49 for the longest time now and has been facing a strict rejection and resistance at $50 over the past three months now. The on-chain analysis of LTC exhibits a mix of signals that the coin has been giving cumulatively in comparison to the traditional price analysis, which otherwise would The post Litecoin (LTC) Facing Strong Resistance & Rejection at $50 for Over 3 Months Now appeared first on NameCoinNews.

  • Litecoin (LTC) Breaks Three Day Long Bearish Spree
    by Erica Lee on May 27, 2020 at 10:26 am

    Litecoin, being amongst the top 10 altcoins, has been affected severely from the market bears over these days. The coin lacks momentum for now; LTC needs to sustain its price movement above the recent price dip. The currency is showing very slow progress at the moment while the market too is moving on a sluggish note. LTC/USD is in a strong need for a stimulus price move that can push it upwards. However, the current market circumstances do not show any sign of a quick bullish breakout. Litecoin price is looking for a room to move its price trend on the upside at $42.43. The coin has started a very meek price recovery after it hit bottom with an extreme bearish bias.  LTC/USD Chart By TradingView LTC is still forming bearish candles above its crucial support level. Around a couple of days ago, it had found a support level at $41.82. Now, the price of Litecoin has been recovering its 6% loss of valuation since yesterday.  The day before yesterday, the price kept consolidating around the 38.20% fib level; now, the LTC is approaching the same level, which can pose as a resistance.  Here, the coin holds a bit conflicting … The post Litecoin (LTC) Breaks Three Day Long Bearish Spree appeared first on CoinNewsSpan.

  • Litecoin (LTC) Draws a Bearish Crossover as it Continues to Dip Below $50
    by Jason Palmer on May 5, 2020 at 1:38 pm

    Litecoin, at the time of penning down this article, was trading below $50 around $46.31 with a lack of support from 200-day daily MA and slight support from 50-day MA. LTC/USD lost the bullish streak two days back and has been continually plummeting below $50 since then. Litecoin has marked a weekly resistance at $50.9 on the intraday chart, which remained unattained in the ongoing week. Litecoin Price Analysis On the intraday chart, Litecoin broke the bullish consolidation after hitting around $50 with a weekly resistance lying at $50.96, attained after a notable uptrend at the beginning of the previous week. Due to bullish candlestick aversion, the price trend of LTC/USD broke below 20-day lower Bollinger Band and lost 50-day MA support. However, a dip below $45 will confirm the bearish consolidation due to intraday weak momentum against the US Dollar. The 20-day Bollinger Bands so not exhibit unprecedented volatility, but the price trend of Litecoin is hitting below the lower band showing loss of intraday traction. The technicals are drawing a no profit no loss picture as the MACD, and the signal line appears flat with a slight bearish divergence due to intraday fall below $46 for a brief … The post Litecoin (LTC) Draws a Bearish Crossover as it Continues to Dip Below $50 appeared first on CoinNewsSpan.

  • Litecoin (LTC) Sees a Gloomy Day; Price Goes Down by 8%
    on May 4, 2020 at 10:21 am

    LTC price has just noted a minimal price recovery after it saw the lowest price level of the last 24 hours today The coin has declined by more than 8% over a day; full price recovery might take quite a while Litecoin price is trading around $45-46 while BTC is trading around $8900 The coin …

  • Litecoin (LTC) Crosses $45 After Impressive Intraday Hike
    by Paul Jolin on April 29, 2020 at 4:35 am

    Litecoin’s value has been uplifted from 44 USD to 45.93 USD over the last 24 hours Investors may find the next value above $46 soon After weeks of hefty price fluctuations, LTC/USD now seems to be leading towards a stable week. It has comfortably crossed a $45 mark with an overnight push of 3.39%. Litecoin Price Analysis With a gradual increment over the last seven days, Litecoin price has now gone near $46. On April 22, the price was trading around $40, and by April 27, it escalated above $45. Since then, the currency had few obstacles on its way for coping with the earlier trend. However, yesterday’s unprecedented hike seems to be a long-lasting one. LTC initially showed restraint on yesterday and lost 2.07% value to get placed at $43.50. However, after this moderate fall, the coin marked steady upward movement, and over the next 8 hours, the price reached $44.94 by 3.31% hike. Then, Litecoin reflected marginal decline, but later, it managed to lift its price with an impressive surge. Today, by 00:30 UTC, the LTC price gained 4.69% value and got placed at $46.20. Later, it faced slight regression again, and the price spotted at $45.93. As … The post Litecoin (LTC) Crosses $45 After Impressive Intraday Hike appeared first on CoinNewsSpan.

  • Litecoin (LTC) Experiences Intraday Volatility; Trades at $44.65
    on April 27, 2020 at 9:43 am

    Litecoin price pulls back to $44 after trading around the major weekly resistance at $45, in the opening hours of the day LTC price appeared accumulating over the past two days within a trading range of $43 to $45 after a brief uptrend in the past week However, the previous week has been quite a …

  • Litecoin (LTC) Soars Above 50-days MA & Trades Above $41
    by Sara Gillard on April 22, 2020 at 1:45 pm

    Litecoin reflects a strong recovery during its intraday movement. Yesterday, it marked a dramatic movement that pulled the price to $40, but today the growth is clear and indicates a steep improvement in the price chart. In the upcoming hours, LTC might reflect a sharp bullish move. Litecoin Price Analysis Yesterday, LTC price spotted at $40.15 The post Litecoin (LTC) Soars Above 50-days MA & Trades Above $41 appeared first on NameCoinNews.

  • Litecoin (LTC) is Yet to Take a Trading Direction; Trades at $41
    on April 22, 2020 at 12:26 pm

    Litecoin, at the time of writing this analysis, was trading above $40 at $41 with a fine uptrend and retaining support from a 200-day daily moving average LTC/USD fails to retain support from 50-day daily Moving Average The 20-day Bollinger Bands laid do not project about any unprecedented volatility as the bands are not seen …

  • Litecoin (LTC) Falls to $40 Mark After a Sudden Bearish Strike
    by Paul Jolin on April 21, 2020 at 6:15 am

    Litecoin has not been spared from the overall market-wide correction over the last 24 hours. After days of steady upside trading, the LTC price has been slackened off by 4.74%, and it has been dropped to $40 price mark. It might fall even below $39 in the next few hours. Since the beginning of this month, Litecoin has shown steady upside movement, and even on April 06, it marked a steep hike and crossed a $45 price mark. After that, on April 10, the currency faced a sudden fall, and the price spotted below $42. Further, the LTC price continued to trade with downside momentum and fell to $39 on April 16. Later, the price escalated and crossed $42 mark on the same day. Further, it continued this upside movement, but after hitting $44 on April 19, Litecoin started a downside correction. Litecoin Price Analysis LTC/USD opened yesterday at $42.34, and in the next 4 hours and 41 minutes, the price escalated by a marginal hike, and it touched the highest point of the day at $43.16. From this high, Litecoin price marked a huge decline of 8.20% that cost the coin $3.54, and the price fell to $39.61 over … The post Litecoin (LTC) Falls to $40 Mark After a Sudden Bearish Strike appeared first on CoinNewsSpan.

  • Litecoin (LTC) Consolidates Around $38 Amidst Bearish Outlook
    by Edward Nash on April 2, 2020 at 8:41 am

    Litecoin has been trading with moderate volatility over the last few weeks. Since the last 7 days, LTC persists the downside momentum. The coin has seen a lot of price fluctuations over the last week, with the price moving in the range between $37.07 – $40.56. If we look at the price movement of LTC/USD over the last few weeks, the coin was trading above $60 on February 29. However, from the beginning of March, Litecoin registered strong downside correction and continued to trade under selling pressure. From March, LTC price faced gradual price declines, and as of now, it trades below $40. Litecoin Price Analysis LTC/USD Chart By TradingView Over the last week, LTC price continues to fight with great gusto even under strong bearish momentum. The currency started on a high note at $40.56 on March 27, but it came under bear pressure and went down to $37.07 over the next day, showing a downward momentum of 8.59%. On the same day, LTC price escalated and pushed up its price to $39.30 by 6%. However, on the next day, the price of Litecoin again fell to $37.30. From this low, the currency continued trade upwards and reached a … The post Litecoin (LTC) Consolidates Around $38 Amidst Bearish Outlook appeared first on CoinNewsSpan.

  • Litecoin (LTC) Strongly Rebounds Today; Seems Stuck at $38
    by Matthew Diaz on March 30, 2020 at 12:08 pm

    LTC price is targeting the $40 price mark; however, the coin may have to face many ups and downs before that, considering the current uncertainty Over the last 24 hours, Litecoin has traced a dip below $37.40 with a sharp fall. It’s not only LTC that has faced such a bearish blow in the last The post Litecoin (LTC) Strongly Rebounds Today; Seems Stuck at $38 appeared first on NameCoinNews.

  • Litecoin (LTC) Subtly Moves Towards a Moderately Bullish Trend
    on March 24, 2020 at 1:19 pm

    It seems as though the market is taking baby steps towards a gradual and slow recovery before it sees a full-fledge bullish rally. Bitcoin, after it started a rebound from its dip below $4000, has been facing frequent hurdles while it is yet to cross the $7000 price mark. Over the last couple of days, …

  • Litecoin (LTC) Falls to $35 After Price Correction of 6.10% in a Day
    by Ronald Cribbs on March 23, 2020 at 6:00 am

    Litecoin couldn’t avoid the market-wide price correction over the last 24 hours. It also has been through a huge price volatility phase. The current price of LTC has been roaming around $35. Litecoin Price Analysis Litecoin has reversed the last week’s progressive price trend, and it was being traded at $38.16 on the opening of The post Litecoin (LTC) Falls to $35 After Price Correction of 6.10% in a Day appeared first on NameCoinNews.