Daily Altcoin Price Analysis: Altcoins in confusion whether Bitcoin growth will proceed?

Daily Altcoin Price Analysis: Altcoins in confusion whether Bitcoin growth will proceed?

On the 12-hour chart of Litecoin we see that yesterday there was the fifth reach to the top of $3.80 in two weeks, which happened due to a sharp growth of Bitcoin again. However, Litecoin went higher than $3.50 and then moved down to the same level of $3.20. This time, while the Bitcoin price grows, the LTC/BTC pair fell, having reached an 0.085 exchange rate. While miners don't believe in Litecoin prospects, this cryptocurrency has no prospects for steady growth.


Related News

Bitcoin Dominance To Regain Control Over Crypto? | BTC.D Analysis October 20,...

In this episode of NewsBTC’s daily technical analysis videos, we are analyzing Bitcoin dominance (BTC.D) and how the top cryptocurrency might perform in the near term against altcoins. Take a look at the video below: VIDEO: Bitcoin Dominance Versus Altcoins (BTC.D): October 20, 2022 In addition to the video highlights listed below the video, we also analyze BTC.D using the Ichimoku, Average Directional Index, LMACD, and other technical tools. Related Reading: Is The Final Wave In Ethereum Up Next? | ETHUSD Analysis October 19, 2022 Bitcoin Outperforms Altcoins During Sideways....

Daily Altcoin Price Analysis: The Moment of Truth

Do altcoin cryptocurrencies await the performance of Bitcoin? Will Bitcoin fall from the $450 ceiling or push on to levels of $500 and more? Litecoin once again stood at $3.80, and is expected to roughly track Bitcoin’s rise and fall. Previously LTC:BTC had fallen to 0.079, having jumped sharply from 0.084. Now LTC:BTC is at 0.082 and continues to trend down. DASH loses 7% a day against the growth of the Bitcoin price, and goes under the level of 0.06. Bitcoin price growth continuation will lead DASH to fall to a level of 0.05 exchange rate and below, while long-awaited Bitcoin correction....

Moonvember: Small Cap Altcoins Lag Behind Solana, Binance Coin, and Others

November has been a good month for both bitcoin and altcoins. Some have done better than others though. The altcoin market has seen tremendous growth in just the first week of the month, with the top altcoins recording growth up to 50%. This has pushed both the small, mid, and large cap indexes as coins […]

What is an Altcoin?

Litecoin is the biggest Altcoin. Even if they do not accurately understand how it works, most people are at least somewhat familiar with Bitcoin. However, once they begin to get involved with cryptocurrency, they may be surprised to learn that there are actually hundreds of types of cryptocurrencies known as altcoins. Altcoins are an intriguing facet of the cryptocurrency landscape, but they are not for everyone. Altcoin newcomers often have many questions, and this guide will provide a brief overview of altcoins to help beginners decide whether or not to invest in them as part of their....

WATCH: Bitcoin Dominance And Altcoin Season 2.0 | BTC.D September 7, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are going to look at Bitcoin dominance and the possible signs of a surprise altcoin season developing during the bearish macro backdrop. Take a look at the video below: VIDEO: Bitcoin Dominance Analysis (BTC.D): September 7, 2022 For today’s video, we are going to look at Bitcoin dominance on monthly and weekly timeframes. There is potentially a notable breakdown in progress that – based on its significance – could be telling of something bigger: a possible altcoin season that no one is expecting. Related....