Crypto Analysis Cryptocurrency News Litecoin

Litecoin’s breach of ascending triangle may see the price shoot up

Litecoin suffered a loss of 16.21% in the month of September, resulting in the coin devaluing to $56.41 from $67.32. However, the coin has been reporting strong performance in the month of October, noting a growth of 3.53%, and placing its value at press time at $57.35. It would also seem that the price of […]

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Litecoin Hic-Cups out of the handle; now holding on to a delicate wedge

Litecoin, on the price charts, is in a disastrous position. But, this wasn’t always the case. In fact, the digital silver was one of the most bullish coins in 2019. Giving Binance Coin, which marked its debut in the top-10 this year, a run for its money, Litecoin saw an over 300 percent price gain […]

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Litecoin snaps out of bearish spree; channel looks to spur coin into the $80 range

Litecoin is finally making a move. As the market for altcoins moved, the charge was led by the top dogs. Ethereum and XRP inevitably stole the spotlight, surging ahead with mammoth gains, but Litecoin was firmly on their tails. Quietly inching into the $70 range, which it had fallen out of last month, the digital […]

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Litecoin eliminates chargebacks & high transaction fee, making it compelling case for merchants

“I have probably talked to well over 1,000 businesses about Accepting Litecoin, and over 100 of them have implemented Litecoin as a means of payment”, said Jon Moore, VP of Nationwide Merchant Solutions and a vocal Litecoin proponent. In a blog post by Litecoin Foundation, titled ‘Community Spotlight: Jon Moore Is On A #PayWithLitecoin Mission’, […]

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Litecoin’s prices could be heading for a positive breakout in the long term

Litecoin bulls continued to hover below its previously strong support zone around the $70 mark, despite subtle signs of recovery. After undergoing major losses in August this year, Litecoin, the fifth-largest cryptocurrency by market cap, might be heading for an upward breakout. At press time, Litecoin held a market cap of $4.14 billion and a […]

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Litecoin enters Death Cross as imminent bearish run threatens to wipe out 2019 gains

Litecoin is facing death by the cross. Litecoin’s 2019 has taken a sharp U-Turn. Hailed as one of the top gainers among large-cap cryptocurrencies in the market, the fifth largest coin is staring down at an imminent bearish run. The digital silver’s massive gains of 2019, which took it to a 320 percent price high […]

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Litecoin loses over 30% of its valuation after halving as hash rate drops by 33%

Litecoin’s hash rate continued to plummet as it entered the third week after its halving on August 5th. According to the popular cryptocurrency stats website, BitInfoCharts, Litecoin’s hash rate on 28th August was 331.4 TH/s, a decline of 33.3% from a hash rate of 458.3 TH/s on the day of halving. In the words of […]

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Litecoin’s halving may not be the reason why its hashrate continues to fall

Litecoin’s 2019 has been rather eventful. The altcoin performed spectacularly in the market’s bullish phase from April to June, which saw its valuation explode by more than 350 percent on the charts. At press time, it had recorded a growth of over 140 percent since the dawn of January. The silver coin also witnessed its […]

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