Litecoin Rallies by 27.54%, Thanks to Japan’s…

Litecoin

Even though Litecoin hasn’t been the most-favored cryptocurrency, it has performed decently on the price chart. In fact, regulators and merchants across the globe have held it in high esteem. Moshi Moshi Litecoin Earlier this week, Japan-based news agency Nikkei reported that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) would be releasing a … Read more

Litecoin Is Still in a Funk, and Its Turnaround Still Depends on Bitcoin

Litecoin

Litecoin (LTC-USD) is struggling. LTC crypto has fallen drastically from $278 in mid-N0v. to $110 on March 17. Litecoin has a high correlation with Bitcoin (BTC-USD), so its turnaround will wait on a rebound in BTC crypto. Investors should use this period to average down into LTC crypto, especially since it’s much cheaper than Bitcoin. … Read more

Litecoin’s Will Leave Its Near-term Trend Behind, But Only After…

Litecoin

Litecoin’s (LTC) previous rally saw decent gains that halted at the $114-mark. This level corresponded with its trendline resistance (white). Since then, LTC has dipped below its Point of Control (POC, red). At press time, it was endeavoring to challenge its resistance. A convincing close above the $106-zone would provide LTC bulls enough thrust to … Read more

Litecoin (LTC), Low Volatility but Falling Thursday: Is it Time to Cash Out?

Litecoin

Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the Digital Money has dropped 3.99% to $102.8. Low Volatility The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will. LTC’s low volatility reading pairs with a low reading on the Risk/Reward … Read more

How Many Litecoins Are There and How Do You Mine Them?

Litecoin

Litecoin was launched in 2011. Like many cryptocurrencies, it uses a proof-of-work consensus mechanism, relying on mining for its security and coin minting process. Litecoin mining is a highly complex and energy-consuming process that requires a lot of computer processing power. Unfortunately, this means that common CPUs don’t offer enough processing power for mining Litecoin. … Read more

Largest Cryptocurrencies Drop on Litecoin, Polkadot Declines

Litecoin

All of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin LTCUSD seeing the biggest move, tumbling 4.29% to $105.50. Polkadot DOTUSD shed 3.87% to $17.20, and Ethereum ETHUSD declined 3.26% to $2,713.02. Bitcoin Cash BCHUSD dropped 3.26% to $303.72 on Friday, while Bitcoin BTCUSD shed 2.15% to $41,221.55 and Uniswap UNIUSD … Read more

Litecoin Price Prepares for a 20% Ascent as LTC Reveals a Bullish Setup

Litecoin

Litecoin’s price completed its bear trap after setting a swing low below the January 22 low at $96.39. The resulting upswing will propel LTC to contend with the $117.80 and $124.09 hurdles. A four-hour candlestick close below $91.61 will create a lower low and invalidate the bullish thesis. Litecoin price is experiencing a pullback after … Read more