Litecoin Price News

LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential “head fake” recovery.

Bitcoin remains stuck in a tight range but LTC, APE, ICP and BIT are showing signs of starting a new up-move.

Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting.

Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair.

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.

Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023.

Litecoin’s momentum indicators signal extremely oversold conditions, hinting at the formation of a potential market bottom.

The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.

Large spikes in whale transactions typically precede a period of declines in the Litecoin market.

The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions.

Nonetheless, LTC/USD is at risk of a price correction, as it’s painting a classic bearish reversal pattern.

"The Litecoin Foundation has yet to enter into a partnership with Walmart," said Jay Milla.

Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.

BTC bulls are still trying to flip $50,000 to support and if this occurs LTC, FIL, FTT and MIOTA could rally higher.

The sharp rebound in Bitcoin and most major altcoins proves that traders are buying aggressively on every minor dip.