Despite Bullish Factors, Litecoin Suffers Brutal Rejection At Downtrend Resis...
Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard. With the general consensus being that Litecoin often leads the way for altcoin trends, a further fall against Bitcoin – as […]
Related News
Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next altcoin to pop like Ethereum, Dogecoin, and the rest of the pack? Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal […]
Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move. With bullish hopes now hinging on this key support, can Litecoin bounce back, or is further downside inevitable? The market is closely watching for signs of strength from buyers, as holding above this level will probably reignite upside momentum and set the stage for another rally. On the other hand, a breakdown could expose....
Crypto analyst Matthew Hylan has commented on the Bitcoin price action as it continues to lag behind gold and the stock market. This comes as BTC suffers another downtrend despite recent bullish macro factors. Why The Bitcoin Price Is Lagging Behind Gold and The Stock Market In an X post, the analyst noted that the […]
Bitcoin and Crypto Markets Continue Their Slide…But Why?!Litecoin is trading more than 40% lower than pre-halving local highs. But according to an ominous-sounding technical analysis signal, LTC could have a lot more decline ahead. Litecoin Triggers Death Cross After Halving Rally Failure This month, the Litecoin block reward halving came and went, leading to very […]
According to the latest report, major Litecoin mining pools were hit by a Denial-of-Service (DOS) attack this weekend due to a zero-day vulnerability in the network. The Litecoin Foundation confirmed that the bug has been patched and the network is fully operational. Litecoin Attacker Attempts Double-Spend Exploits On Cross-Chain Protocols On Saturday, April 25, the […]