Many cryptocurrencies are struggling to break above their overhead resistances, which could result in a minor correction or consolidation in the next few days.
Litecoin News
Litecoin (LTC) is a cryptocurrency and an open-source project released in 2017, inspired by and very close technically to Bitcoin. The key idea of the project was to make a faster and cheaper to use alternative to Bitcoin
Although there are some similarities between BTC and LTC, you can’t define Litecoin without pointing out some key differences, such as instant and near-zero cost transactions, increased speed of adding a new block into the Blockchain (2.5 minutes against 10 in the Bitcoin network) and a scrypt usage in its Proof-of-Work process to make it easier for regular PC users to mine new blocks against ASIC miners. It is also one of the first cryptocurrencies that adopted SegWit.
Litecoin is hugely popular to this day, ranked sixth place on CoinMarketCap with a more than eight billion dollars market cap.
- Price Analysis
- Price Analysis
The top performers of this week are a mixed bag as many altcoins are overbought but traders will be keeping an eye out for those that appear to be picking up mo...
- Price Analysis
The current price action suggests that Bitcoin and Ether are likely to consolidate for the next few days before starting a directional move.
- Analysis
by Samuel Haig
With USDT’s volume up 32,769 times since 2017, and BTC trade having increased by 468 times, what is the crypto market outlook?
- Price Analysis
Numerous cryptocurrencies are attempting to resume their uptrend, which shows that the sentiment amongst traders remains bullish.
- Price Analysis
The current pullback has resolved the overbought state of many cryptocurrencies and after a few days of consolidation the uptrend is likely to resume.
- Price Analysis
A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue.
- Price Analysis
The crypto markets are in a strong bull trend but the rally could hit rough weather as the uptrend begins to look overextended.
- Price Analysis
The bulls are not waiting for a deeper correction before buying, which shows that the momentum remains strong and the uptrend intact.
- News
The Litecoin Foundation partnered with cryptocurrency lending provider Cred to let LTC holders earn interest from their crypto, receiving up to 10% interest.
- Price Analysis
Most major cryptocurrencies are nearing stiff resistance levels, which can result in a few days of consolidation or a minor correction.
- Price Analysis
Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency.
- Price Analysis
As the sentiment in the Bitcoin and cryptocurrency markets has turned positive, this dip should be viewed as a buying opportunity.
- Price Analysis
The top crypto performers of this week have resumed their up move and are now likely to rally to their next overhead resistance levels.
- Markets News
Solid returns for Litecoin investors since the new year are leading to suggestions the altcoin could be front-running Bitcoin’s own move higher like last year.
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