Litecoin price recovered above the $150 level recently against the US Dollar. LTC/USD is currently consolidating in a range below the $160 resistance.Key Talking PointsLitecoin price made a nice upside move yesterday and traded above $150 (Data feed of Kraken) against the US Dollar.There is currently a short-term contracting triangle forming with support at $155 on the hourly chart of the LTC/USD pair.The pair may soon make the next move either above $160 or below $155 in the near term.Yesterday, we saw a decent upside move above the $140 pivot level in litecoin price against the US dollar. The LTC/USD pair traded above the $150 resistance and even moved a few points above the $160 level.A high was formed at $163.83 before the price started consolidating gains. It corrected a few points...
iStock.com/JUN2Daily Litecoin News Update While the G20 leaders put their heads together to plan their next move on cryptocurrency regulations, the crypto market is turning hopeful that something positive is in store for cryptos. Bolstering this hope is Mark Carney’s letter sent to the G20 leaders on Sunday, which hinted that plans to impose strict regulations may be thrown out of the window. Mark Carney is the head of the Financial Stability Board (FSB), which takes care of regulatory issues for the G20 economies. Basically, this man holds the strings on crypto regulations and it’s evident that he has no plans to pull them against our favor. Just yet. Litecoin prices, like all other cryptocurrency prices, have bounced back with vigor after a major slump over the weekend. Litecoin price
Litecoin (CURRENCY:LTC) traded 6.8% higher against the dollar during the 1-day period ending at 8:00 AM Eastern on March 19th. Litecoin has a total market capitalization of $8.65 billion and $596.40 million worth of Litecoin was traded on exchanges in the last day. During the last seven days, Litecoin has traded down 17% against the dollar. One Litecoin coin can now be purchased for approximately $155.29 or 0.01867170 BTC on major exchanges including Bisq, CryptoBridge, Coinbene and Altcoin Trader. Here’s how similar cryptocurrencies have performed during the last day: Verge (XVG) traded up 10.4% against the dollar and now trades at $0.0297 or 0.00000357 BTC. Dogecoin (DOGE) traded 5.1% higher against the dollar and now trades at $0.0033 or 0.00000040 BTC. Bytom
Litecoin (LTC) – Next, we are going to review our top 5 picks to HOLD until 2020: 1) Bitcoin (BTC) As you may have heard before, Bitcoin is King. That’s true, Bitcoin still the top 1 coin to HODL for the long run. Being the first major cryptocurrency, the biggest one in market cap and also the pioneer of the blockchain technology behind its project makes it the referent for all other cryptocurrencies following. Although Bitcoin has had a tough time over the last few months it is going nowhere. Once the transaction times and high fees went drastically down after soaring during the all-time highs in prices in December of 2017 there are no more reasons to fear scaling issues. Also, it is important to realize that in order to have some kind of scaling issues a coin has to scale
DailyFX.com -Over the weekend cryptocurrencies were taking a hit, but have found buyers at key spots in several of the major names. Bitcoin and Litecoin both reversed around important trend-lines, while Ethereum had the most dramatic reversal at the top of a plateau created late last year. Bullish reversals may lead to strength in the near-term, but the broader trading bias following rallies remains lower as the speculative unwind has further to go.Traders are generally long Bitcoin, suggesting more weakness; See how positioning changes can help determine price direction on the IG Client Sentiment page.Bitcoin buyers show up around 1-year trend-lineBitcoin halted its decline yesterday with a solid reversal from around a trend-line dating back to March of...
Litecoin price after a major decline found support above $135 against the US Dollar. LTC/USD is correcting higher sharply and is currently above $150.Key Talking PointsLitecoin price is moving higher nicely after dropping below the $140 level (Data feed of Kraken) against the US Dollar.There was a break above a major bearish trend line with resistance at $141 on the hourly chart of the LTC/USD pair.The pair has to break the $158 and $160 resistance levels to continue moving higher.There were nasty declines this past week from well above $175 in litecoin price against the US dollar. The LTC/USD pair tumbled and traded below a few important support levels such as $160 and $150.The downside move was aggressive as the price even traded below the $140 level. A low was formed near $137.05 fro...
Litecoin Cash (CURRENCY:LCC) traded 11.8% higher against the dollar during the one day period ending at 17:00 PM Eastern on March 18th. One Litecoin Cash coin can currently be bought for about $0.27 or 0.00003449 BTC on popular exchanges including Mercatox, SouthXchange, CryptoBridge and Exrates. In the last seven days, Litecoin Cash has traded down 35.3% against the dollar. Litecoin Cash has a total market capitalization of $0.00 and approximately $171,593.00 worth of Litecoin Cash was traded on exchanges in the last day. Here’s how similar cryptocurrencies have performed in the last day: Ripple (XRP) traded down 0.5% against the dollar and now trades at $0.64 or 0.00008052 BTC. NEO (NEO) traded 0.4% higher against the dollar and now trades at $62.60 or 0.007916
Litecoin (CURRENCY:LTC) traded down 7.8% against the US dollar during the 1 day period ending at 0:00 AM E.T. on March 17th. Over the last seven days, Litecoin has traded down 16.2% against the US dollar. Litecoin has a total market cap of $8.32 billion and $433.24 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can currently be purchased for about $149.52 or 0.01948840 BTC on popular exchanges including OkCoin Intl., WEX, VirtacoinWorld and Tripe Dice Exchange. Here’s how similar cryptocurrencies have performed over the last 24 hours: Verge (XVG) traded 14.9% lower against the dollar and now trades at $0.0278 or 0.00000362 BTC. Dogecoin (DOGE) traded 8.9% lower against the dollar and now trades at $0.0032 or 0.00000041 B
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Fundstrat's Thomas Lee believes that Bitcoin mining is an unprofitable venture at current prices. A model developed by his data science team has pegged the breakeven price at $8,038.If prices fall further, the miners will start to lose money on their operations. Shone Anstey, co-founder and president of Blockchain Intelligence Group opines that this may force a few miners to stop their operations. Technical analysts watch the 50-day MA and the 200-day MA closely to forecast the path of least resista
Cryptocurrency wallet app Abra now supports 20 different cryptocurrencies including Litecoin, Bitcoin Cash, and Dogecoin, the startup announced in a press release Thursday.Abra is an app aimed at making cryptocurrency purchase and exchange an easy process for anyone with a bank account. The app is a sort of one-stop shop for all things crypto: You can connect a bank account, American Express card, or an existing Bitcoin wallet to add value to the Abra wallet and start exchanging 20 different cryptocurrencies and 50 different fiat currencies.“Users can exchange across any currency with no transaction fees, at any time with no limitations,” the press release says. It’s true: while American Express charges a small fee for Abra exchanges, you can connect a bank account or Bitcoin wallet for