Litecoin Price Analysis LTC / USD: Treading Water

Litecoin is struggling to move price back above the technically important $96.00 level and remains capped below its 200-day moving average The daily time frame continues to show a bearish head and shoulders pattern with the $50.00 level as the overall downside target Litecoin appears relatively unsteady on Tuesday, after the fifth largest cryptocurrency by market capitalization found strong technical […]

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Stellar, Monero and Litecoin Cryptocurrency Price Prediction and Analysis For August 8th: XLM, XMR, and LTC

Stellar Price Prediction (XLM/USD) XLM/USD pair underperforms on an intraday chart; the stellar coin oversaw a bearish momentum that most likely gained support from the 21 day MA that crossed above the 7 day MA.  The downward price rally signaled decrease in investor’s sentiments.  The pair’s price has recorded a down surge of 1.17%, having moved from where it began […]

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Litecoin Halving Shows Short-Term Speculation On The Decline

Today’s Litecoin halving met with a muted market response, which could be a sign that the cryptocurrency market is beginning to mature. Like Bitcoin (BTC),  Litecoin’s block rewards fall by 50% approximately every four years, thereby increasing the importance of transaction fees as a network incentive. The reduced supply increases scarcity for the token as the network matures. At roughly […]

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The Litecoin halving ends with LTC price rising up to 11%

The Litecoin halving was designed in the code occurs every four years. This year, the event occurred around 9: 30 on 5th August 2019. According to the current block statistics, the halving occurred at block 1,680,000. Litecoin halving ended with 75 % of Litecoin mined. Litecoin block reward has halved from 25 LTC to 12.5 LTC.  The block production time […]

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Litecoin Price Fails to Pass $100 on Day of Halving

All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce gains for investors.  Litecoin 7-day price chart. Source: Coin360 LTC gains fail to materialize Data from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $94 Monday, just one hour before the halving. Once the […]

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Can Litecoin (LTC) Rally Again On Halving Hype?

Litecoin (LTC) has started the week in green which is a good sign but it is still struggling to rally towards the 38.2% fib extension level from the December, 2018 lows. So, is the price likely to shoot up before its expected halving in five days? We saw it continue to decline the last time this happened because most investors […]

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Litecoin (LTC) Price Analysis: Approaching Next Crucial Break

Litecoin price is holding the$115.00 support area, but it is facing many hurdles. LTC may soon make the nextmove either above the $122.50 resistance or towards $112.00. Key Talking Points Litecoin price is currently consolidating abovethe $117.00 support area (Data feed of Kraken) against the US Dollar. There is a crucial bearish trend line formingwith resistance near $122.50 on the […]

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