Litecoin price is up close to 10% and it broke the $45.50 resistance area against the US Dollar.LTC price traded as high as $50.95 and it is currently consolidating gains.There is a key bullish trend line forming with support near $46.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported on the downside for more upsides above $50.00 and $52.00.Litecoin price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin....
Read More »Crypto Price Analysis April 29: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies keep growing steadily, breaking away level after level. The growth of the Bitcoin is almost too aggressive, however, it remains inside a descending...
Read More »LTC Up 7% On The Day As Bitcoin Touches $9,000. Litecoin Price Analysis & Overview
Litecoin is currently facing monthly resistance, but the future looks very promising for the bullsAgainst Bitcoin, the price continued to follow a bearish sentiment on a short-term perspectiveIf a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March lowLTC/USD: Litecoin Stuck At ResistanceKey Resistance Levels: $47.68, $51, $55Key Support Levels: $45.5, $43.4, $39.6LTC/USD. Source: TradingViewWhile most top cryptocurrency recently created a fresh monthly high,...
Read More »Ernst & Young: Ethereum Can Do A Lot for Businesses
In a recent online seminar, Ernst & Young – one of the Big Four accounting firms across the globe – just explained to all its viewers and listeners how it wants to empower financial ventures and other businesses with the Ethereum blockchain.Ethereum Has a Lot to OfferEthereum is the second largest cryptocurrency in the world. It is one of the primary competitors to bitcoin, but is also still relatively new, having emerged in 2015. Thus, it is younger than Litecoin, which emerged following...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Overcome This Hurdle?
Litecoin price is trading higher after it formed a support base near $40.0 against the US Dollar.LTC price is now facing a couple of key hurdles near the $42.50 and $42.60 levels.There is a key bearish trend line forming with resistance near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must surpass the $43.00 and $44.50 resistance levels to start a strong uptrend.Litecoin price is facing a couple of key hurdles against the US Dollar, similar to bitcoin....
Read More »Crypto Price Analysis April 22: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies continue to correct without any significant fluctuations in either direction. A lot of assets are stuck inside their respective “Triangle” patterns,...
Read More »Bitcoin Travels North as Libra Gets Smaller
At the time of writing, several cryptocurrencies are showing new signs of life. Bitcoin, for example, is once again trading above $7,000 for the second time this month.Bitcoin Has Broken $7K AgainIn addition to BTC’s sudden burst, Ethereum is trading for $170, while other major coins – such as Ripple and Litecoin – have also shot up. For the most part, the cryptocurrency industry appears to be on a path of recovery along with stocks as the Dow Jones has shot up more than 400 points since...
Read More »Litecoin Price Analysis: LTC Shoots Above $40 As Bitcoin Price Takes A Leap Forward
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD: Litecoin Bounces Back After Testing Support Key Resistance Levels: $43.7, $47 Key Support Levels: $37.9, 34.5, $32.4 LTC/USD. Source: TradingViewLitecoin...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Defend This Key Support?
Litecoin price is down more than 10% from the $45.00 resistance against the US Dollar.LTC price broke the key $40.00 support level to move into a bearish zone.There is a major bearish trend line forming with resistance near $41.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must stay above the $38.00 or $37.00 support to start a fresh upward move.Litecoin price is showing a few bearish signs below $42.00 against the US Dollar, similar to bitcoin. LTC price...
Read More »Crypto Price Analysis April 15: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.The cryptocurrency market is correcting again. Assets are rebounding from their respective resistance levels while the potential for significant decline remains. On...
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