Litecoin hits 6-month high as LTC price soars 20% in 24 hours

Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng — […]

Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November

A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside move meeting with a strong correction toward a common support level, called the […]

Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs

The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021. Litecoin selloff ahead? On-chain analytics platform Santiment detected a total of 3,458 LTC transactions, worth over $100,000, on April 5, calling it “an indicator of mid-term price direction […]

Crypto Price Analysis June 17: BTC, ETH, LTC, BCH, EOS

Cryptocurrencies continue consolidating. Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos. The major digital asset is stuck inside a Triangle pattern and only a breakout of $10.565 may indicate further growth towards $13.865. However, the […]

Crypto Price Analysis June 10: BTC, ETH, LTC, BCH, TRX

Volatility on the cryptocurrency market remains rather low. One shouldn’t exclude a possibility of strong movements to break sideways channels in many assets. Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos. For Bitcoin, a very […]