Litecoin (LTC) – CryptoNewsZ Cryptocurrency & Blockchain News Updates
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.
Litecoin Responds to BTC’s Price Rally; Reaches Above $40
on March 20, 2020 at 2:40 pm
LTC coin has recently faced rejection at $43; formed support at $41 The bullish trendline has been formed, and it may remain intact if the market remains in favor Technical indicators are giving mixed signals at present; the coin has just formed a bullish candle Litecoin Price Analysis Litecoin is trading with a bullish bias …
Litecoin (LTC) Marks Dramatic Yet Progressive Movement
by Vivaan Shah on March 19, 2020 at 12:00 pm
The crypto market is spotted with a strong recovery. Most of the coins are marking a heavy improvement in the price. The recent price crash spotted improvement, which later turned into a tremendous loss. Well, this time, the recovery is taking place at a rapid pace, which could help the coins to stay out of The post Litecoin (LTC) Marks Dramatic Yet Progressive Movement appeared first on NameCoinNews.
Litecoin (LTC) Reflects Stability After Hitting a Low at $33 Yesterday
by Vivaan Shah on March 18, 2020 at 7:16 am
After days of struggle, Litecoin has finally gained some stability. Over the last 24 hours, it has been up by 4.32%, and its value against the US Dollar has moved from $33.3 to $34.74. However, as per the overall trend, we may not expect any quick gains in the short-term movement. Litecoin Price Predictions If The post Litecoin (LTC) Reflects Stability After Hitting a Low at $33 Yesterday appeared first on NameCoinNews.
Litecoin’s Short-term Rebound Sees Hurdles
on March 9, 2020 at 1:35 pm
Litecoin has faced a very strong meltdown over the last couple of days amid Coronavirus threats. It’s not just LTC that has gone through such a bearish market phase; the whole market, in fact, all the markets (including the major ones such as US and China) have broken down. Litecoin Price Analysis LTC price is …
Litecoin Exhibits Moderate Volatility Over the Past 24 Hours
by Jason Palmer on February 29, 2020 at 7:11 am
The crypto market is reflecting bearish signs as most of the coins in the market holding a bearish divergence. This is likely be an indication that the coin will face a dearth of intraday momentum but would soon recover. Litecoin is behaving dramatically since the opening hour as it has hovered around $60 in the last 4 hours after the opening. The intraday traders might experience downtrend which might result in loss. Thus, the traders are recommended to hold the investment for a while. Litecoin Price Analysis: Yesterday, Litecoin was trading at $61.70 and the price escalated to $63.35 in the next hour. In the following hours, Litecoin experienced a plunge as the price counters moved from $63.35 to $59.64 by 5.74%. The coin improved to $61.17 by 2.45% just to drop again at $57.51. Litecoin improved to $59.16 by 2.86% just to dribble back at $56.90 by 4.02%. The price improved to $59.86 by 5.19%. Around 14:28 UTC, the coin escalated to $60.39 by 3.16%. The price dribbled to $57.94 by 4.07% just to escalate back to $61.30 by 5.74%. Towards the closing hour, the coin reflected a plunge and the day ended with a 2.87% regression in the … The post Litecoin Exhibits Moderate Volatility Over the Past 24 Hours appeared first on CoinNewsSpan.
Litecoin Shows Moderate Week; May Witness Improvement Soon
by Lili Chuang on February 28, 2020 at 5:25 am
Litecoin loses 9.30% over the last week From the last two day, the currency has marked upside momentum The next halting point for LTC seems possible at $64.82 Litecoin also couldn’t be spared from the sluggish market conditions. Over the last seven days, it has been pulled down by 9.30%. Its current value stands at $62.68 after registering bearish sentiment over the last few days. Litecoin Price Analysis On February 21, LTC price was trading at $69.11, and in the next three days, it was up by 15.82% and touched $80.04. After breaching $80 mark, it faced downside correction to the tune of 28.66% that deducted $22.94 from the value and pushed Litecoin price to the lowest point of the week at $56.86 by 00:50 UTC of February 27. Then, from yesterday, the currency started reflecting upward momentum, and in the next 15 hours & 50 minutes, Litecoin’s value has been shot up by 13.31% and got placed at $64.70. The 20 days MA ($62.17) and 50 days MA ($61.75) is lingering below the current LTC price that is at $62.68. As per the MACD indicator, the MACD line has gone well above its signal line, and the same indicates … The post Litecoin Shows Moderate Week; May Witness Improvement Soon appeared first on CoinNewsSpan.
Litecoin Faces Intraday Correction, Dips Below Psychological Support
on February 25, 2020 at 7:09 am
Litecoin (LTC), at the time of writing this analysis, was trading at $74 and is likely to have a trend revision from bullish-to-bearish Over the past seven days, LTC price has grown by over 12% from the bottom of $66.06 compared to the current trading price The H&S created is hinting towards a bearish trend …
Litecoin’s Dramatic Movement Keeps the Bearish Trend Alive
by Erica Lee on February 24, 2020 at 1:04 pm
Litecoin (LTC) holds a popular place when it comes to cryptocurrency. The coin is said to replace Bitcoin in the future. However, the currency movement in LTC is quite disappointing. Today, the currency started with a heavy price fall. The dramatic phase in the next hours kept the traders longing for an upsurge. The improvement in the currency has recently embarked. However, the same is likely to be short-lived. The chances of loss are relatively more than profit during the closing. Litecoin Price Analysis Litecoin price was trading at $75 during the opening time of yesterday. The price escalated to $75.88 by 1.20% in the next 30 minutes. The price plunged to $75, but the coin again surged, and this time the price was trading at $77.70. The price dribbled to $76 but soon recovered to $79.35. Later, the currency slipped again to $78.45. At 10:32 UTC, Litecoin escalated to $79.81. The price was $78 at 12:00 UTC. In the next three hours, the coin climbed to $80.03 and then, it dribbled to $78.52. The currency locked itself at the same level till 21:01 UTC. During the closing hour, Litecoin price escalated to $80.01, and the intraday movement in the … The post Litecoin’s Dramatic Movement Keeps the Bearish Trend Alive appeared first on CoinNewsSpan.