Category: Litecoin

Litecoin Price Can’t Sustain the $100 Level Despite Block Reward Halving

It has become apparent that Bitcoin’s surge to $12,000 and beyond has come to an abrupt halt earlier this morning. While no major damage has been done in the process, the uphill battle remains in place. Because of this sudden turn of events, the other markets are also bleeding value once again. One of the bigger “victims” is Litecoin, as the expected pump following the block reward halving was very …
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Litecoin Price Prediction and Technical Analysis for June 14

A lot of cryptocurrency traders have high expectations for the many different altcoin markets. It is certainly true some interesting trends have become apparent, albeit it remains to be seen how things will play out. As far as the Litecoin price is concerned, reaching $150 is not out of the question, but it might not necessarily happen right away. The Litecoin Price Uptrend Over the past few weeks, there has …
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Crypto Market Struggling, Retains $500-$600B Capitalization

The overall cryptocurrency market seems to have stabilized after a correction that lowered its total capitalization to below US$450 billion last week. That said, the market has yet to convincingly bounce back to pre-correction levels, as its market cap continues to drift between US$500 billion and US$600 billion. The Bears are Back November and December saw record highs across most cryptocurrency markets. The total market cap increased a staggering US$350 billion from the beginning of November to its December …
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Litecoin Technical Analysis for 02/04/2016 – Triangle Formation

Litecoin rallied to a high of $3.46 on the 20th of January, and price has been slowly ticking into a progressively tighter range. There is a clear descending triangle formation visible on the 4-hour chart. Yesterday, a very similar formation on the Bitcoin chart broke in a very violent manner to the upside! The bottom of that triangle formation is also a major pivot zone. The $3.06 area has been …
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