In Brief Litecoin’s price on the 4-hour chart is forming a rising wedge, suggesting a drawdown could result in an 8% drop. LTC whales have been making no significant move in the past few days and don’t appear likely either. Retail participation, too, has taken a hit, with active addresses falling to a six-month low.…
Read more
In Brief Litecoin’s (LTC) price has traded without volatility for the past two months but bounced last week. The weekly and daily time frame readings are both bullish, supporting the continuing of the increase. Despite the bullish LTC price prediction, failure to break out from the triangle can catalyze a decrease. The Litecoin (LTC) price…
Read more
Briefly over the course of the past month, the upcoming Litecoin halving event has sparked a wave of acquisitions from holders of mid-tier coins. LTC’s cost has revitalized by almost 4% as of now tp $95 subsequent to plunging during the start of July. The community’s anticipation of the halving has increased, and as a…
Read more
In Brief Litecoin (LTC) price is down 20% from the recent peak on July 3 as the ‘halving doom’ rears its head again . With the halving event just 1-week away, Litecoin sell-orders across exchanges have now outpaced market demand by a significant margin. Spikes in LTC Age Consumed signals that long-term holders are starting…
Read more
Although they share some features, Litecoin and Ethereum differ in several ways. Both currencies facilitate user-to-user transactions by utilizing blockchain technology. Users can create their own applications that run independently of any centralized organization on the Ethereum blockchain. Meanwhile, Litecoin (LTC) is a low-cost alternative to the original cryptocurrency and blockchain that is a fork…
Read more
