|All Time High:|
|Market Cap: |
|The price of #LTC today is $98.74 USD.|
The lowest LTC price for this period was $0, the highest was $98.74, and the current live price for one LTC coin is $98.73692.
The all-time high LTC coin price was $413.
Use our custom price calculator to see the hypothetical price of LTC with market cap of BTC or other crypto coins.
|The code for Litecoin is #LTC. |
Litecoin is 11.3 years old.
|The current market capitalization for Litecoin is $7,129,677,430.|
Litecoin is ranked #16, by market cap (and other factors).
|The trading volume is very large today for #LTC.|
Today's 24-hour trading volume across all exchanges for Litecoin is $422,756,572.
|The circulating supply of LTC is 72,208,828 coins, which is 86% of the maximum coin supply.|
|LTC is well integrated with many pairings with other cryptocurrencies and is listed on at least 127 crypto exchanges.|
View #LTC trading pairs and crypto exchanges that currently support #LTC purchase.
More Litecoin (#LTC) News
|Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains
Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight session.Litecoin (LTC)
Litecoin (LTC) surged to a nine-month high on Wednesday, as prices rose past a key resistance level.
LTC/USD hit a peak of $97.73 earlier in today's session, less than 24 hours after trading at a low of $93.05.
As a result of the surge, litecoin rose to its strongest point since May 5, when prices were at a high of $106.86.
Looking at the chart, the move took place following a breakout of a ceiling at $95.50, and came as the relative strength index (RSI) collided with a resistance of its own.
As of writing, the index is tracking at 65.96, which is marginally below a resistance level at 66.00.
Since approaching this point, earlier gains have somewhat declined, with LTC now trading at $95.58.
Cosmos (ATOM) was another notable mover in today's session, with the token climbing for a second straight day.
Following a low of $13.15 on Tuesday, ATOM/USD moved to a peak of $13.84 earlier in the day.
Wednesday's rally saw cosmos move above a ceiling at $13.50, nearing its highest point since November 8 in the process.
Whilst this resistance level was broken, the 14-day RSI was approaching one of its own at 66.00.
As of writing, the index is tracking at 61.7...
|Litecoin Basks In Green As LTC Inches Closer To $100 Mark
Litecoin starts February on a lovely note, as the second oldest cryptocurrency is all aglow in green. According to CoinGecko, the token has risen 34% in the monthly time frame with gains also being made in the weekly charts. This shows a gradual and steady climb towards its current resistance level.
The coin is known for being one of the most reliable cryptos in the market. According to BitPay, the oldest crypto payment platform, although Litecoin has not overtaken Bitcoin as a means of payment, LTC has become a must-have for crypto enthusiasts who want to transition from traditional finance to cryptocurrencies.
Collaboration With Major Companies
Litecoin is becoming more ubiquitous as Unbanked and Mastercard teamed up to launch the Litecoin Card. This card will be made available in both Europe and the United Kingdom with the potential to reach over 84% of Europe’s population. This can be a catalyst for widespread adoption of crypto not just in Europe, but in the world.
According to Christian Rau, Senior Vice President of Mastercard Europe’s Fintech and Crypto Enablement arm, the initiative comes as a way of giving customers a choice of how they want to pay or be paid with.
This isn’t Mastercard’s first foray in the world of crypto and DeFi. On Tuesday, news of Mastercard and Binance’s prepaid crypto card hit the market. This prepaid card, touted the “Binance Card”, would be released in the next few weeks.
|Litecoin Price Prediction: Bullish Break To $120 Still In Sight
Litecoin price extended its increase above the $90 zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $100 resistance.
Litecoin started a fresh increase above the $90 zone against the US Dollar. The price is now trading above $90 and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $89.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could start another rally if there is a clear move above the $100 resistance. Litecoin Price Outperforms Bitcoin
This past week, litecoin price formed a support base above the $85 level against the US Dollar. LTC price started a steady increase above the $90 resistance zone, outperforming bitcoin and ethereum.
The bulls were able to push the price above the $95 resistance. A new yearly high was formed near $97.72 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the recent increase from the $86.98 swing low to $97.72 high.
Litecoin price is now trading above $90 and the 100 simple moving average (4-hours). There is also a key bullish trend line forming with support near $89.50 on the 4-hours chart of the LTC/USD pair.
Source: LTCUSD on TradingView.com
On the upside, an immediate resistance is near the $97.75 level. The next major resistance is near the $100 level. If there is a clear break above the $100 resistance, the price could start a strong increase. In the stated case, the price ...
|Weekend Watch: Litecoin Soars 7.5% to 8-Month High, Bitcoin Stands Above...
Despite failing to overcome $23,500 once again in the past 24 hours, BTC is still slightly in the green today and stands above $23,000.
The altcoins are quite calm today, as only Litecoin stands out as a notable gainer.
Bitcoin Firm Above $23K
The start of last weekend saw bitcoin's price surge from $21,000 to and beyond $23,000. Somewhat expectedly, reaching the latter meant tapping a multi-month high since BTC was stuck around $17,000 for months.
The cryptocurrency spent most of the week in a range between $22,000 and $23,000, aside from a couple of brief price pumps. The most notable one took the asset to $23,800, which became the new highest price point since September.
However, each attempt was intercepted quickly by the bears, and they didn't allow new local peaks. Then came the US GDP data and the PCE numbers, but they didn't bring any substantial volatility.
As such, BTC entered the weekend at just under $23,000. It shot up to $23,300 (on Bitstamp), and even though it has retraced slightly since then, it still trades north of $23,000 as of now.
Its market cap has jumped to just over $445 billion, while its dominance over the alts sits at 42.3%.
BTCUSD. Source: TradingView
LTC 7.5% Up
Litecoin stands out as the most impressive performer from the larger-cap altcoins today. It is up by over 7% and trades close to $100, which is its highest price point since May 6.
LEO and APT are the other larger caps well in the green today. Both are up by around 3% and trade at $3.7 an...
|Litecoin (LTC) Displays Consolidation – Can We Expect A Reversal S...
The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart.
Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified a range-bound movement. The altcoin also lost close to 3% of its market value. The technical outlook of Litecoin pointed towards bullish momentum as demand for the altcoin remained high on the daily chart.
Accumulation also reflected the same. Price noted a decline as LTC receded from the overbought zone. Buyers still have the upper hand on the chart.
A continued fall in accumulation will cause bears to secure Litecoin's price action. That momentum would continue for the upcoming week, causing LTC to fall below its nearest support level. At the time of writing, LTC was trading 78% below its all-time high set in 2021.
Litecoin Price Analysis: One-Day Chart
LTC was trading at $88.11 at the time of writing. The coin has pierced through several resistance lines over the past several weeks but has failed to hold on to the momentum. LTC met with two rigid resistance levels before it started to move south again.
The two important resistance lines for the coin stood at $90 and $92. Immediate resistance stood at $90. If demand for the altcoin remains steady, then LTC might attempt to breach the $90 price mark.
On the flipside, the nearest support...
|Litecoin Whale Transactions Set New 2023 High, Bullish Signal?
On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here's how this may impact the crypto's price.
Litecoin Transactions Valued Higher Than $1 Million Have Surged
According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here is the 'whale transaction count,' which measures the total number of Litecoin transactions taking place on the blockchain that involve coins worth at least $1 million.
When the value of this metric is high, it means there are a large number of whale transactions happening on the network right now. Such a trend suggests these humongous holders are actively trading currently.
As the volume of coins involved in transfers like these is very sizeable, a high amount of whale transactions can sometimes cause noticeable effects on the market. Thus, whenever the indicator's value is high, LTC is likely to see more volatility than usual.
Now, here is a chart that shows the trend in the Litecoin whale transaction counts over the last few months:
As displayed in the above graph, the Litecoin whale transaction count has recently spiked and hit the highest values observed since December 28. This would suggest that whales have become active again.
In the chart, Santiment has also marked the trends that the price of LTC followed the last couple of times this cohort showed elevated activity. It looks like the most recent instance was last month...
|Shiba Inu Declines 6%, Gets Flipped By Litecoin In Market Cap Again
Shiba Inu has once again been flipped by Litecoin in terms of market cap as the meme coin has recorded losses of 6% in the past 24 hours.
Shiba Inu Is Down More Than 6% Today
The year 2023 so far has overall been a pleasant time for SHIB holders as the coin is up around 40% year-to-date. But in the past day, the market hasn't been so kind on the meme coin as its price has observed some significant decline.
At the time of writing, Shiba Inu is trading around $0.00001132, down 6% in the last 24 hours. Here is a chart that shows the trend in the price of the asset over the past month:
As can be seen in the above graph, Shiba Inu caught an upwards momentum in the first week of this month and continued to rapidly rise until forming a local top above the $0.00001270 level around a week ago. In the days that followed, however, the coin mostly displayed a sideways movement, until today came around and the asset plunged.
Over the last seven days, SHIB is now down around over 8%. For comparison, rival coin Dogecoin has only seen a decline of less than 2% in this period, while Bitcoin has observed decent profits of almost 7%.
One question arises here: why did Shiba Inu see such a drop? According to crypto whale tracker service WhaleStats, the DOGE-cousin coin has been the most traded token among the top 100 Ethereum whales today:
JUST IN: $SHIB @Shibtoken flipped $NMR for MOST TRADED token among top 100 #ETH whales
Check the top 100 whales here: https://t.co/N5qqsCAH8j
(and hodl $B...
|Is Litecoin (LTC) Expecting A Pullback Before Soaring Again?
The Litecoin price has shown bullish sentiment over the past week once it bounced off the $81 resistance zone. Over the last 24 hours, the altcoin jumped by 2%, and in the past week, the LTC price gained close to 6%.
As Bitcoin continues to trot upwards and is now eyeing the $23,000 price mark, other altcoins have reflected the same price sentiments. The technical outlook of the Litecoin price has depicted that accumulation shot past the overbought region just when Litecoin breached the $81 price region.
Demand for the coin remained steady between the $81 and $88 price levels, respectively. As Litecoin traveled above the $88 price zone, the coin started to display a price correction. Going by the indicators, Litecoin continues to remain heavily bullish on its chart, with another chance of a price retracement.
Bullish momentum has gained strength since it moved past the $86 price mark, which is why a move to the $90 mark was swift and easy for Litecoin. Historically, the $93 resistance mark has acted as a pullback region for the coin. LTC might reach the $93 level over the next trading session if Bitcoin continues to surge.
Litecoin Price Analysis: One-Day Chart
LTC was trading at $91 at the time of this writing. Over the past couple of weeks, Litecoin has pierced through several resistance levels. The coin faced stiff resistance at $81 and has been rallying since crossing that level.
Overhead resistance for the coin stood at $93; this will act as a crucial price mark becaus...
|Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Am...
In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin's upcoming halving, which is expected to occur 203 days from now.Litecoin Halving Set to Occur on or Around Aug. 3, 2023
Litecoin, the 14th-largest cryptocurrency today, is preparing to experience a block reward halving in 202 days. It will be the first major proof-of-work (PoW) cryptocurrency to have a reward halving, besides the upcoming reduction scheduled to happen in 158 days for Dash. However, Dash's reduction is different than a halving as the reward will be reduced from 2.763 Dash to 2.566 Dash. Like Bitcoin, Litecoin's block halving cuts the reward in half (by 50%) and it will drop from 12.5 LTC to 6.25 LTC.
While litecoin (LTC) holds the 14th-largest market capitalization today, it used to be a top-ten cryptocurrency contender in the early days of the crypto market. LTC's network has many differences from Bitcoin (BTC) as there are more coins in circulation - currently more than 72 million LTC in circulation. However, LTC is nearing its maximum supply of 84 million. Bitcoin's block time is usually around 10 minutes per block, but LTC blocks are much faster at 2.5 minutes per block.
🔥Litecoin Halving Cycles 2W chart🔥
Something to give us some bullish vibes for short term future and real strong bullishness starting from ...
|Litecoin Price Could Rally 285% Pre-Halving Based On Historical Data
While the Bitcoin halving is not expected until March 13, 2024, according to Coinwarz data, Litecoin investors can already look forward to the traditionally bullish event as soon as this year. According to NiceHash's estimate, the Litecoin halving will take place in 189 days, on July 19, 2023.
The approaching halving has prompted analyst Rekt Capital to examine Litecoin's historical price trends before and after the halving in order to provide a prediction for the coming months.
285% Litecoin Rally In The Cards? Rekt Capital notes that LTC tends to rally quite a lot before halving. Before halving 1, the price bottomed in 122 days and rose +820% afterward. Before halving 2, LTC bottomed in 243 days and rallied by 550%.
After both halvings, however, the price gains were even stronger. As the chart below from Rekt Capital shows, Litecoin is up +14,200% after the first halving, and after the second halving, it was 'still' 1,574%. From this, the analyst derives the historical tendency that LTC tends to rally stronger after the halving than before.
However, this does not mean that investing before the halving is not historically lucrative if you find the right time to place a sell order. According to the analyst, it can be seen from historical data that LTC sees a strong rally prior to the halving before the price drops sharply immediately.
The Litecoin price declined by -73% in the first 578 days after halving. The second halving led the price to drop as much as -83% before it f...
|Crypto Price Analysis Jan-06: ETH, XRP, ADA, LTC, and SOL
This week, we take a closer look at Ethereum, Ripple, Cardano, Litecoin, and Solana
This Wednesday, the bulls took over the price action and pushed ETH all the way to the key resistance at $1,260. Since then, the price seemed unable to break above. Nevertheless, Ethereum still managed to book a 3.8% increase in the past seven days.
The fact that in the past two days, the price has been rather timid in pulling back from this most recent rally suggests that sellers are exhausted or lack interest at this moment. This could turn into a key opportunity for the bulls.
Looking ahead, ETH is giving good signals that buyers are in control with higher lows and higher highs in the price action. Should they maintain the momentum, the next critical level to watch for is $1,365.
Chart by TradingView
In complete contrast to Ethereum, XRP has been making lower lows after a significant decline on Monday, when the price briefly hit 30 cents. This led to a decrease of about 2.2% during the past seven days.
This week, the volume is in red, and sellers dominated the chart. This gives little hope of a reversal at this time, particularly when the key support at 33 cents is put again under pressure. Considering this price action, a break to the downside seems somewhat likely.
Since the spike on Monday could be indicative of things to come, it's quite likely that XRP will have to revisit the 30 cents support before it can hope to reverse the current downtrend. Buyers don't...
|Ol' Reliable Litecoin Up By 7% As LTC Flexes Muscles For 2023
Known to be one of the oldest cryptocurrencies in the world, Litecoin (LTC) has been making headlines as it reported record high transaction numbers.
According to the altcoin’s official Twitter account, it has serviced 39 million transactions as of December 29.
Add on to this the accompanying news that it has also hit second place in the unique addresses metric which grew to 52 million. These very bullish developments led to the token pumping 7% in the weekly timescale, according to Coingecko data.
The Litecoin Network completed over 39 million transactions in 2022. A new record!
— Litecoin (@litecoin) December 31, 2022
2022 Leaving Marks - Will 2023 Be A Healing Year? The current developments are certainly bullish, but this didn’t come without a cost. Like the broader crypto market, LTC’s value has definitely suffered. According to CoinGecko, the altcoin dropped in value by 50.4% on the yearly timescale.
However, the new year seems to bring a renewed sentiment for LTC. A Reddit post regarding the altcoin’s 139,000,000th transaction quickly summarizes the sentiment surrounding the old altcoin; bullish and very appreciative of what the coin brings to the table.
Litecoin added 52 million new addresses to the network in 2022.
The second most of any crypto. #YearInReview pic.twitter.com/p5jAr9wZI0
— Litecoin (@litecoin) December 30, 2022
Litecoin, compared to smart contract providers on...
|Litecoin Whale Withdraws $32M In LTC From Binance, Good Sign For Rally?
Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally.
Litecoin Whale Takes Out $32M In LTC From Binance
As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. Here are a few additional details regarding the latest whale transaction that may shed some light on its purpose:
As can be seen above, this Litecoin transaction was sent from a wallet attached to the crypto exchange Binance, and its destination was an unknown wallet. An unknown address is any address not affiliated with a known centralized platform and is thus likely to belong to a personal wallet.
Transfers of this nature, where coins move from exchanges to personal wallets, are called exchange outflows, and since holders usually withdraw from these platforms for accumulation purposes, outflows can have a bullish effect on the price.
Here, the exchange outflow was done by a whale, so it may mean that this humongous investor is planning to hold onto their Litecoin for an extended period of time. In the few days since the new year has started, LTC has been rallying up with the coin already reclaiming $75, so the whale not selling here to take advantage of this profitable opportunity and instead opting to accumulate suggests conviction from the investor that there is more to come for LTC.
There has also been another bullish signal for Litecoin recently, and it's that the mo...
|Litecoin Surges 7% In Strong 2023 Start, Jumps To 12th On Market Cap Lis...
Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list.
Litecoin Starts 2023 On A Positive Note
2022 was a terrible year for the entire cryptocurrency sector as the long bear market resulted in losses of more than 50% for most of the coins. Litecoin was no exception; the asset ended the year with a drawdown of about 53%.
This year, however, may very well turn out to be different for LTC as the coin seems to have observed a strong start so far. At the time of writing, Litecoin is trading around $75, up 7% in the last 24 hours. The below chart displays the recent trend in the crypto's price.
The reason why this year could be better for LTC investors is that the next halving is set to take place this year. Therefore, Litecoin holders have been hoping that a rally would build up soon, ahead of the halving scheduled for this August.
As the graph shows, Litecoin has certainly already made a great start to the year, observing sharper upwards momentum than any other top coin. Though, currently, it's unclear whether this would be the push that leads the coin to a proper halving rally, or if it's another temporary rise before the real rally starts.
Despite LTC's poor performance during 2022, there were still some positive takeaways for the coin. For example, the network processed over 39 million transactions in the year, a new record.
The Litecoin Network completed over 39 million transactions in...
|Litecoin Bullish Signal: Shark And Whale Addresses Hit 2-Year High
On-chain data shows the combined Litecoin address count of sharks and whales is now at a 2-year high, a signal that could be bullish for the asset's value.
Litecoin Addresses Holding More Than 1,000 LTC Now At Highest Level Since 2020
As per data from the on-chain analytics firm Santiment, LTC has been climbing strongly since the population of these large addresses began to rise. The relevant indicator here is the 'Litecoin Supply Distribution,' which tells us how many addresses (or holders) belong to each wallet group in the market currently.
Addresses are put into these wallet groups based on the total number of coins that they are currently holding. For example, the 1-10 coins band includes all addresses that are holding between 1 and 10 LTC right now. The Supply Distribution metric for this band would then measure the total amount of such addresses that are there in the market currently.
Now, the wallet groups of interest in the current discussion are those with at least 1,000 LTC. Since there is no upper bound here, all balances ranging from this amount to infinity are stacked together. Here is the Supply Distribution chart for these Litecoin address bands:
As the above graph displays, the value of the indicator for Litecoin addresses falling inside this range has been rising since May of this year. Holders that have 1,000 or more coins in their wallets are sharks and whales, so this uptrend implies that the total number of these large investors has been going up in t...
|Litecoin, '2nd Most Active Crypto,' Rises After Analyst Called LTC Holde...
Litecoin, an altcoin being hailed as the “digital silver” of the cryptocurrency space, has once again rewarded its faithful investors and holders as it mounted a massive recovery after bottoming out at $60.
Interestingly, the token made its bounce back shortly after CNBC host Jim Cramer went out of his way to call holders of LTC idiots.
Cramer, who has already earned a reputation for his inaccurate crypto price predictions, has already been thanked by the Litecoin community for his antagonistic remarks that ironically triggered the digital coin’s price increase.
'I would not touch crypto in a million years, because I wouldn't trust the deposit bank,' Jim Cramer says while discussing the fallout of the collapse of FTX. https://t.co/0VbM5tYThE pic.twitter.com/9kqVMvbSOw
— CNBC (@CNBC) December 23, 2022
Some analysts believe that the host’s comments might have been fuelled by the fact that LTC was forecasted to be in a continued downward trend after abandoning its local high of $81.5 and tumbling all the way down to $69.
Litecoin Reverses Its Bearish Trajectory
The 16th largest cryptocurrency with a total market capitalization of $4.93 billion once again showcased its resiliency as it got back some of its losses over the last few days.
In fact, according to tracking from Coingecko, at the time of writing, Litecoin was changing hands at $68.69 and is enjoying an increase in value of 5% over the last week.
It is still several dollars away from its ...
|Litecoin Achieved Many Milestones in 2022 But Development Activity Took ...
While most crypto-assets struggled to keep their price upwards due to the crypto winter, Litecoin appeared to have been decoupling from its peers, which aided its trajectory.
In fact, it has been posting gains over the past month. Despite a promising attempt at a comeback, the developer activity on the network was lagging.
Data from Santiment shows that the development activity first gained traction in early September before skyrocketing in October.
The figures went downhill shortly thereafter - from 2.26 to 0.12 in a span of two months.
In contrast, Messari ranked Litecoin as the second most active chain in estimated on-chain transaction volume over the past 24 hours.
With $2.88 billion in transaction volume, Litecoin is trailing just behind Bitcoin. The volume for the latter stood at a whopping $3.98 billion.
The two crypto-assets were followed by other prominent networks, such as Cardano, Ethereum, and XRP, with $1.96 billion, $1.04 billion, and $440 million, respectively.
Another bullish note is the average Litecoin balance currently held on Mimblewimble Extension Blocks (MWEB), which has increased to 58,000 LTC, or the equivalent of over $4 million.
Moreover, Litecoin has captured the second spot on the list of the most supported ATM cryptocurrency leaving behind altcoin leader Ethereum.
BitPay's recent report further highlighted the emergence of Litecoin as a preferred payment method across the globe. In just one year since the crypto payment provider added support for...
|Biggest Movers: LTC Climbs to 10-Day High on Monday
Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also higher, as it also collided with a price ceiling.Litecoin (LTC)
Litecoin (LTC) was one of the notable gainers on Monday, as the token raced to a ten-day high.
LTC/USD rose to a high of $70.83 to start the week, which comes less than a day after hitting a low of $65.54.
Today's surge has taken litecoin to its highest point since December 16, and closer to a key resistance level of $72.00.
As can be seen from the chart, Monday's move comes as the 14-day relative strength index (RSI) rose above its own ceiling at 45.00.
The index is currently tracking at 51.79, with the next visible point of support at the 54.00 level.
Should the RSI reach this point, it is highly likely that prices will also collide with a ceiling of $72.00.
XRP, formerly ripple, also moved higher to start the week, as the token collided with a key resistance point.
Following a low of $0.3447, XRP/USD hit a high of $0.356 earlier in today's session, which is also a recent price ceiling.
Monday's gain is the highest point that XRP has hit since December 18, and comes as traders returned from the Christmas holiday weekend.
Looking at the chart, this move accompanied a recent move beyond a ceiling on the RSI of 42.00.
As of writing, the index is now tracking at 43.45, which is its stronges...
|Litecoin (LTC) Tops List Of Christmas Gainers, Is $100 Still Possible?
Litecoin (LTC) emerged as the top gainer over Christmas Day with an impressive performance. This put it ahead of market leaders such as bitcoin and ethereum in terms of performance, solidifying its position as the market leader through the first half of the holidays.
Litecoin Tops List Of Gainers
Over the last 24 hours, Litecoin has been on an upward rally that put its price firmly above $65, turning resistance into support for it. The digital asset saw upwards of a 6% increase in price over the last day. The rally stopped just below $70 before a slight downward correction took place.
Given that most of the crypto market remained muted through Christmas, this put Litecoin right at the top of the gainers' list. It also saw a significant jump in trading volume, rising more than 180% over the 24-hour period to be sitting at $437.7 million at the time of this writing. Its market cap crossed $4.9 and this saw it surpass Shiba Inu to reclaim its spot as the 14th largest cryptocurrency by market cap.
Other cryptocurrencies that made the gainers list was GRT with more than a 4.20% increase in price over the one-day period. ICP was third on the list with 3.56% gains, while CSPR followed closely behind at 3.21%. Terra Classic (LUNC) featured as 5th on the list, rising about 3% on Christmas to be sitting at $0.0001486.
Can LTC Reach $100?
Litecoin’s recent bullish movement can be attributed to CNBC’s Jim Cramer saying during an interview that holders of the cryptocurrency a...
|Market Watch: Bitcoin Sees Zero Move Weekly, Litecoin Jumps 5%
With the new week starting, bitcoin's price has remained stuck around $16,800 and is actually at the same place it was seven days ago.
The altcoins are also very quiet, with Litecoin emerging as the only notable gainer from the larger-cap ones.
Bitcoin Stays Flat
Last week began with a price drop of $16,300, which became BTC's lowest position in about three weeks. However, the asset recovered its lost ground and returned back to $16,800.
The following days were quite calm, even though the US had to disclose two important stats. The first, an increase in the GDP for the third quarter of the year, pushed the entire stock market south, but BTC remained resilient.
The second, the PCE inflation data, brought some volatility but was short-lived, and bitcoin went back to $16,800. The weekend saw no price movements either, as the trading volumes were down. The only attempt came hours ago when BTC headed for $17,000 but was stopped in its tracks.
As such, the cryptocurrency now trades at precisely the same price spot as it was a week ago. Its market capitalization has stalled at $325 billion, and its dominance over the alts is flat at 40%.
BTCUSD. Source: TradingView
LTC Pops Up 5%
Although more volatile in nature, the alternative coins have failed to produce any significant movements as well.
Ethereum is slightly in the red on a daily scale but stands firmly above $1,200 after reclaiming that line earlier this week. BNB, OKB, Dogecoin, Tron, and Shiba Inu have also painted minor loss...
|Litecoin Price Prediction: This Resistance Could Trigger New Rally
Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.
Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could start a decent increase if there is a clear move above the $72 resistance. Litecoin Price Eyes Upside Break
Earlier this month, litecoin price saw a steady decline from well above the $80 level against the US Dollar. LTC price declined below the $75 support zone to move into a bearish zone, similar to bitcoin and ethereum.
The price gained pace below the $70 support and the 100 simple moving average (4-hours). A low was formed near $61.02 and the price is now attempting a recovery wave. There was a decent upside correction above the $63 and $65 levels.
There was a move above the 23.6% Fib retracement level of the key decline from the $79.80 swing high to $61.02 low. The price is now trading near the $70 resistance and 100 simple moving average (4-hours).
On the upside, an immediate resistance is near the $70.00 level. There is also a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair. The trend line is near the 50% Fib retracement level of the key decline from the $79.80 swing hi...
|Litecoin Price Could Present Shorting Opportunities At These Levels
The Litecoin price has continued to face rejection after it failed to topple over the $80 price level. In the last 24 hours, it barely registered any price movement. It just depreciated by 0.8%. It was an indication of sideways trading for the altcoin.
The past week for LTC has been choppy owing to constant volatility amongst major market movers. Bitcoin has dropped in price over the last 48 hours, dragging most altcoins down with it. The technical outlook of the Litecoin price showed signs of struggle as the bears were still around.
Demand for LTC slowed down, as did the accumulation. Buyers have continued to sell short as and when LTC lost its local support. From the technical outlook, the Litecoin price may present shorting opportunities for traders at some levels.
For the coin to move on the upside, demand has to return in the market. Bitcoin has to move back above the $17,000 price level for most altcoins to gain momentum. The market capitalization of Litecoin declined in the last 24 hours, reflecting bearish pressure in the market at press time.
Litecoin Price Analysis: One-Day Chart
LTC was exchanging hands at $65 at the time of writing. Even though the coin is consolidating at the moment, it can lose its local support. The immediate resistance for the coin stood at $68, and clearing that level will take the coin to $73.
On the flip side, the inability to remain over $64 will bring the coin to $63 and then to $61. When the coin falls to $63 and then to $61, this woul...
|Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High
Dogecoin rebounded from Wednesday's decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today's surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to a one-week high.Dogecoin (DOGE)
Dogecoin (DOGE) was in the green on Thursday, as the meme coin rebounded from recent lows.
Following a low of $0.07283 on Wednesday, DOGE/USD raced to an intraday peak of $0.07736 earlier in today's session.
The move comes as prices rallied, following a recent collision with a support point at the $0.0715 level.
As can be seen from the chart, today's move comes as the 14-day relative strength index (RSI) raced to a ceiling of 40.00.
Since this time, earlier gains have somewhat faded, with the meme coin trading at $0.07657 as of writing.
Should price strength manage to climb above this threshold, then DOGE could rally to a ceiling near $0.0800.
Litecoin (LTC) also rose on Thursday, as the token continued to trade near a one-week high.
LTC/USD hit a peak of $66.51 earlier in today's session, which comes less than a day after it was residing at a low of $65.09.
Today's high is marginally below Tuesday's top at $66.90, which was the highest point LTC had hit since last Friday.
Looking at the chart, the move comes despite the 10-day (red) moving average (MA) recently extending its downward cross with the 25-day (blue) MA.
As of writing, the RSI is tracking ...
|Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?
The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts.
The fractal pattern developed following the most recent pullback, and appears to have a similar structure to a major bull market breakout. Could this be the light at the end of the tunnel for cryptocurrencies?
Hawkish Fed Dims Litecoin Rally, But A Fractal Gives Hope
After a stellar month leading the market with 40% returns for November, Litecoin has given back nearly half of that thus far in December.
LTC had been on a tear, outperforming top coins like Bitcoin and Ethereum, and clawed its way closer toward making it back into the top ten cryptocurrencies ranked by market cap.
But the greater market pullback stemming from a hawkish Fed meeting this month, caused a failure to liftoff in Litecoin.
However, the discovery of a price action fractal in LTCUSD could suggest this recent pullback wasn’t necessarily a failure, but a refueling of sorts — before taking off in an even stronger rally.
Comparing Price Action Then Vs Now: Will Bulls Get A Break? The fractal begins on Black Thursday in March 2020 — a black swan event few saw coming. Litecoin rebounded and the fractal formed.
Unlike Bitcoin, which made a lower low during the FTX, LTCUSD hasn’t, and instead has followed the same pattern from 2020 al...
|Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today's session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point.Litecoin (LTC)
Litecoin (LTC) snapped a six-day losing streak on Tuesday, as prices rose by as much as 3%.
LTC/USD moved away from a one-month low of $61.00, hitting a high of $65.60 earlier in today's session.
The move came as bullish pressure intensified once the token hit a key support point of $63.50.
Looking at the chart, the 14-day relative strength index (RSI) also rose, moving away from its long-term floor of 33.50.
Since moving away from yesterday's six-month low, the index is now tracking at the 37.46 mark.
The next visible resistance seems to be the 46.00 level, and if hit, LTC will likely be trading above $70.00.
Chainlink (LINK) was another notable gainer in today's session, as prices surged to a four-day high.
Following a low of $5.75 to start the week, LINK/USD climbed to a peak of $6.10 earlier today.
This rally has pushed the token to its highest point since Friday, when it was trading at a top of $6.54.
Similar to litecoin, today's move saw prices move away from a four-week low, rising from a recent floor in the process.
LINK rallied at the $5.80 support, which came as the RSI rose above a ceiling at the 37.00 level.
As of writing, the index is tracking at 39.81, with LINK/US...
|Litecoin Continues To Slide, Now Below Shiba Inu In Market Cap
Litecoin has been having a hard time recently, and it would appear that its struggles haven't stopped yet as the coin has now dropped below Shiba Inu in terms of market cap.
Litecoin Has Taken A 15% Beating During The Past Week
While the last week has been red for most of the coins in the crypto market as the FUD due to the controversy around Binance's Proof-of-Reserves has spread, LTC has taken an especially hard hit during the period.
At the time of writing, Litecoin is trading around $63, down 1% in the last 24 hours. Here is a chart that shows how the price of the asset has changed in the last five days:
As the above graph displays, it was only a few days ago that Litecoin was still above the $75 level. The coin had been consolidating between this level and $80 since the last week of November, but now this sideways trend seems to have fully broken down as the coin has rapidly dropped in value during the last few days.
The asset has now lost the $65 level, which means it has almost entirely retraced the gains of the 22 November rally. As it currently stands, LTC is down almost 15% during the past week. For comparison, Bitcoin and Ethereum are only down 1% and 4%, respectively, in the same period.
In terms of monthly returns, Litecoin holders are still in a profit of about 2%. The coin is still in the green for this period thanks to the strong November rally, which some thought would lead to a pre-halving bull run for the coin, as its halving, an event where its block pr...
|Litecoin Price Bleeds, Why The Bulls Could Stay On Sidelines
Litecoin price started a fresh decline from the $80 resistance against the US Dollar. LTC is struggling and remains at a risk of more losses towards the $55 support.
Litecoin started a fresh decline from the $85 resistance against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There was a break below a key contracting triangle with support near $75.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price could continue to move down towards $55 in the near term. Litecoin Price Turns Red
This past month, litecoin price saw a strong increase above the $70 level against the US Dollar. LTC price was able to clear the $80 resistance level, outperforming both bitcoin and ethereum.
However, the bears remained active near the $85 zone. There was a topping pattern formed near the $85 level before the price started a fresh decline. There was a clear move below the $80 and $78 support levels. Besides, there was a break below a key contracting triangle with support near $75.00 on the 4-hours chart of the LTC/USD pair.
Litecoin price is now trading below $70 and the 100 simple moving average (4-hours). A low is formed near $61.67 and the price is now consolidating losses.
On the upside, an immediate resistance is near the $66.00 level. It is near 23.6% Fib retracement level of the recent decline from the $79.80 swing high to $61.67 low. The first major resistance is near the $70.00 level.
Source: LTCUSD on TradingView....
|Litecoin Hits Short-Term Low As Price Breaks Below Parallel Channel
The Litecoin price has tanked further over the last 24 hours. On their respective charts, the prices of major altcoins reflect the price action of Bitcoin. As BTC slipped close to 3%, LTC also tanked nearly 8% on the daily chart.
Recovery for Litecoin seems far-fetched from what the technical outlook suggests. A rise in Bitcoin's price may help LTC for a while, but the altcoin's demand must rise in order for the price to reverse. The short-term price thesis for LTC points towards continued lower price action.
Since the coin has moved to a short-term low on its daily chart, the chance of a reversal cannot be fully negated either. For the past few weeks, the altcoin has been moving in a parallel channel, between $79 and $68 respectively. Investors had expected that LTC would break on the upside as BTC was attempting to register daily gains on its chart.
Despite Litecoin moving above the $70 price mark, demand was not on the side of the bulls. This could mean that demand was lower at higher levels for Litecoin. On the other hand, market capitalization noted a slight uptick, which could also hint at the coin attempting to turn its price around.
Litecoin Price Analysis: One-Day Chart
LTC was trading at $68 at press time. The altcoin got to this price level after falling through the lower line of the parallel channel. Its current resistance mark would be at $70, breaching which the coin might face another setback at $74.
As LTC continues to fall, the local support line for the al...
|End Of Litecoin Rally? LTC Plunges 7% In Last 24 Hours
Litecoin has observed a plunge of more than 7% in the last 24 hours, suggesting that the coin's bullish momentum may have come to an end.
Litecoin Drops Hard TodayS But Is Up 20% In The Last Month
While the rest of the crypto market was struggling, LTC enjoyed some sharp bullish momentum in the third leg of November, leading some to believe the 'pre-halving rally' had begun for the crypto. But the first half of December proved disappointing as the coin mostly consolidated, and now in the last two days, the trend seems to have completely reversed as Litecoin has been rapidly going down instead.
At the time of writing, LTC is trading around $69, down 7% in the last 24 hours. The below chart shows how the asset's price has changed in recent months.
As the graph displays, Litecoin was initially on the way up in early November and crossed $70. But then the FTX crash struck the market, and the coin's price plummeted to a low of less than $50. However, unlike other big cryptocurrencies like Bitcoin and Ethereum, LTC quickly found its feet and started on a steady recovery.
In the third part of November, the coin rapidly blew up and shattered the peak seen just before the FTX debacle, ending the month in double-digit gains while the rest of the sector was deep in the red.
LTC was consolidating this month after setting a peak above $80, but holders were optimistic as the coin's halving, an event where block production would be cut in half, is scheduled to take place next year. Histo...
|Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since late November. Dogecoin (DOGE)
Dogecoin (DOGE) remained in the red on Thursday, as prices fell for the ninth day out of the last eleven.
The recent decline saw DOGE hit a low of $0.08694 earlier in today's session, which is nearly 4% lower than Wednesday's peak of $0.09224.
This move saw the meme coin fall to its lowest point since Monday, nearing a three-week low of $0.0848 in the process.
Looking at the chart, bearish sentiment has increased as the 14-day relative strength index (RSI) fell from its recent floor at the 47.50 mark.
As of writing, the index is tracking at 42.40, with a floor of 40.00 the next possible destination.
Should this point of support be reached, we will likely see DOGE trading near the $0.0840 level.
Litecoin (LTC) was another notable token to fall today, with prices moving lower for a second straight day.
Following a high of $78.96 on Wednesday, LTC/USD dropped to a bottom of $74.07 earlier in the day.
As a result of this drop, litecoin moved to its lowest point since November 28, when prices hit a bottom of $70.50.
Like with dogecoin above, today's sell-off coincided with the RSI hitting a low of 50.20, which is close to a floor of 50.00....