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Litecoin ($LTC) has been making waves in the crypto space, with over 60% of its holders now in profit—the highest figure since April. However, a significant portion of holders still at a loss purchased during 2021’s peak prices.
Starting this week in a sell mode, the bulls intercepted drops with a bounce and resumed bullish after retesting a broken resistance level as support in the mid-week. Breaking out of a key resistance to a three-month high during last week’s pump, Litecoin faced a rejection at $77 and closed […]
Following its price increase of more than 12% in the past week to roughly $71. 50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group.
Динамика лайткоин идет по достаточно предсказуемой динамике: от верхней до нижней границе глобального торгового диапазона, формирование которого началось в начале августа. Лайткоин прогноз ожидается в коррекционном направлении с текущих отметок $66, к середине торгового диапазона в район $64.
Amid recent price falls, Litecoin regained strength after locating support this week. This puts the asset in a 4% gain with a traded volume of $331 million in the last 24 hours. Still, it remains bearish on the mid-term.
Litecoin price hovers around $63 with the altcoin down over 5% in the past week and 11% over the last 30 days. According to CoinGecko, LTC has fallen 84% since hitting its all-time high above $410 in May 2021.
Following a slight pullback this week, Litecoin found support nearby and resumed buying pressure but is now facing small hurdles at a key resistance level, where the next major move is likely to take place.