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Litecoin (LTC)

Litecoin (LTC) Price Analysis: Key Support Nearby at $57

Litecoin price started a downside correction after testing the $65.00 resistance against the US Dollar.LTC price is currently testing the $58.00 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $60.00 resistance level in the near term.Litecoin price is correcting gains and trading near $58.00 against...

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Smaller Assets Like Ethereum Are on the Rise

A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...

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Bitcoin Spikes to Well Over $14,000, Highest It’s Been All Year

The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...

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Le Venezuela lance une plateforme étatique d’échange de cryptomonnaies

Le Sunacrip [1], organisme d’Etat vénézuélien chargé des « actifs cryptographiques », a annoncé hier le lancement de VEX [2], une plateforme d’échange dédiée aux cryptomonnaies (Bitcoin, Litecoin, Dash et Petro) qui pourront être échangées contre des bolivars. Après avoir tenté de d’imposer sans grand succès sa propre cryptomonnaie, le petro, le gouvernement Vénézuélien semble avoir modifié un peu sa stratégie. Dans un discours diffusé...

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Crypto Price Analysis & Overview November 6th: Bitcoin, Ethereum, Ripple, Litecoin, and Cardano

Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the election started in the US, BTC started to surge. Initially, it found resistance at $14,190 but this was penetrated yesterday as Bitcoin surged all...

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QuadrigaCX Trustee Ernst & Young Unable to Pay $171 Million in Claims

According to EY’s filing, the company is planning to convert all recovered assets into Canadian dollars. It is also going to allocate funds to Quadriga’s customers depending on cryptocurrency prices from 2019.Ernst & Young (EY), the largest assurance and consulting services company and a trustee for a notorious QuadrigaCX exchange, has revealed it received as many as 17,053 claims filed against Quadriga. Worth $171 million, the claims include about $90.2 million in Canadian dollars and...

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Market Watch: The Altcoins That Suffered Hardest Despite Bitcoin’s Latest Rally

The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...

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Litecoin (LTC) Price Analysis: Bulls Eyeing Fresh Rally To $60

Litecoin price found support near the $51.20 level and recently corrected higher against the US Dollar.LTC price is currently trading above the $54.00 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $54.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $56.00 resistance level in the near term.Litecoin price is showing positive signs above $54.00...

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Litecoin (LTC) Price Analysis: Holding Key Uptrend Support At $55

Litecoin price traded to a new monthly high at $60.92 before correcting lower against the US Dollar.LTC price is currently trading above the $55.00 support level and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $56.15 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it stays above the $55.00 support in the near term.Litecoin price is correcting gains from the $61.00 zone...

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5 Reasons For Bitcoin’s Price Surge To New 15-Month High

At the beginning of October, Bitcoin’s price was particularly indecisive and trading slightly above $10,000, causing many to believe that the unfilled CME gap down at $9,600 would soon be closed. Fast forward to the current date, October 27th, BTC is trading at $13,400, having just marked a fresh high for 2020. The cryptocurrency added around $3,000 to its value, representing an increase of around 30%. With this said, this month was also quite eventful. Many things happened,...

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