For discussion about Litecoin the leading cryptocurrency derived from Bitcoin. LTC is at crossroads as on-chain metrics hint at an. The analyst has been following Litecoin for several weeks already and he explains how the main discussion was Litecoin falling below 200. 31m members in the CryptoCurrency community. Yesterday there was a decline from 13341 to 12883 before the market started retracing at 1300. Many cryptocurrency investors use Google Trends which measures the volume of web searches for a particular topic over time as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency.Īccording to an analyst Research 247 LTC price is required to break and close above resistance levels at 157.
We are currently testing 184 which seems to be a bit of a hurdle for LTC recently. Litecoin price faces a potential roadblock since the TD Sequential indicator presented a sell signal on both the 4-hour and the 3-day chart. Litecoin prices are also falling and a new support level could soon be formed. Social media mentions are growing and although sentiment is slightly bearish this could be a bullish sign that things are close to turning around in a big way for Litecoin. TLDR Litecoin market remained slightly bullish todayResistance momentum is slowly increasing around 136LTC is possibly preparing for another downside to 133Our Litecoin price analysis shows that the market is slightly bullish today. Litecoin drops after popular payments processor closes Litecoin dropped Monday after news that payments processor LitePay has ceased operations prompting an apology from the coins founder for promoting the start-up. Guy the host claims that Litecoin has not only survived but thrived since its inception in 2011. Litecoin Sentiment Analysis Sentiment surrounding Litecoin is nowhere near as strong as it was at peak crypto bubble hype and when Lee sold the top however things are improving for Litecoin. And hence considering the technicals of the litecoin price a massive uptrend may be fast approaching if certain levels are sustained. Litecoin Price Prediction Cautious Predictions As Ltc Breaks Its Bullish Trend Welcome to the rLitecoinMarkets daily discussion thread. Im no expert but I see it bouncing after we hit a low around 240. There is a correlation between price appreciation and public interest in cryptocurrencies such as Litecoin.
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