• About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Monday, July 4, 2022
  • Login
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading
No Result
View All Result
Crypto Reception
No Result
View All Result
Home Litecoin

Litecoin Bulls Prepare To Gain Momentum As Alt Season Strengthens

April 23, 2021
in Litecoin
Reading Time: 3 mins read
0
litecoin bulls prepare
Share on FacebookShare on TwitterShare on RedditShare on Whatsapp


The Litecoin bulls prepare to gain momentum as the coin is currently trading at around $283 as it gained 5.59% in the past 24 hours. The Litecoin bulls prepare to breach the key support level at $257 and gain fresh momentum as we are reading more in our latest Litecoin news today.

LTC’s price had a rough week as it fell nearly 30% from its high of $333. The recent mining center blackout in China left most markets in the red these past few days. The intraday gains saw bulls recover losses incurred in the same week and the crypto analyst Altcoin Sherpa said that LTC could surge to a new all-time high of $420 given by the bullish outlook:

 “LTC: Potential 50/200 bullish EMA cross on the 1D for BTC pair incoming, this would be very significant IMO. Haven’t seen that since 2019.  I’m bullish on Litecoin still and think it’s going to go to $420.”

If this turns out to be correct, LTC could see a rise to about 52% from its current price level. The technical view for LTC/USD on the 4-hour chart suggests that there’s a bullish flip even though the bears could still have a say given the long shadow on the candle. However, the RSI climbed above the middle line and prints 52 while the MACD is improving after the latest bullish crossover.

Litecoin is looking to light up the crypto market soon Source LTCUSD on TradingView.com

As it can be seen on the charts, the LTC/USD pair is gaining momentum and increases above the 100 SMA. The uncertainty is seemingly resolving with the price heading upwards as the bulls seek to strengthen their positions after bouncing off the $257. With the altcoins continuing to gain momentum, it seems that investing in them could yield more profits than expected. With the three-year wait for the altcoins to rally again, these still holding will either make a move to sell or gain more or ultimately, trade amongst the altcoins. Either way, we are waiting for a shift in volume and transactions across the networks to increase.

Litecoin Settled Above, LTC, price, level, support

The holders of Ethereum, Litecoin, ripple, and Bitcoin Cash will be excited in the next few months to see their investments double. ETH gained 10 percent while BTC continues to move sideways and its dominance continues sliding closer to 50%. Among the top Defi coins, Aave, Uni, Sushi, Maker, and Bancor all recorded green candles with MKR recording a new ATH Value of almost $5,000.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]





Source link

Related articles

Litecoin aims to hold $40 support and stop further decline

Litecoin aims to hold $40 support and stop further decline

June 19, 2022
Elliptic Announced Support For MimbleWimble Privacy Feature

Binance Ended Support For Anonymous LTC Transactions

June 13, 2022
Share2Tweet1ShareSend

Related Posts

Litecoin aims to hold $40 support and stop further decline

Litecoin aims to hold $40 support and stop further decline

June 19, 2022
0

Before the crypto market crashed early in the week, Litecoin was perhaps one coin that had shown a lot...

Elliptic Announced Support For MimbleWimble Privacy Feature

Binance Ended Support For Anonymous LTC Transactions

June 13, 2022
0

Binance ended support for anonymous LTC transactions after the MimbleWimble upgrade which makes the transactions confidential at a time...

Litecoin’s 10-Year Anniversary Marked With LTC Hitting All-Time Low

More Crypto Exchanges Delist Litecoin Over Privacy Concerns

June 9, 2022
0

More crypto exchanges in South Korea delist Litecoin over privacy concerns that were recently added to the protocol so...

Major Exchanges In South Korea Delist Litecoin: Report

Major Exchanges In South Korea Delist Litecoin: Report

June 8, 2022
0

Major exchanges in South Korea delisted Litecoin after the regulations started asking for strict KYC and AML guidelines so...

Elliptic Announced Support For MimbleWimble Privacy Feature

Elliptic Announced Support For MimbleWimble Privacy Feature

May 28, 2022
0

Elliptic announced support for the MimbleWimble privacy feature, saying that it doesn’t aim to trace confidential LTC transactions so...

Load More
  • Trending
  • Comments
  • Latest
cryptology

Cryptology Launches Passive Income Product | NewsBTC

September 15, 2021
US Senator Lummis Buys More Bitcoin, Seeing BTC as 'Excellent Store of Value'

US Senator Lummis Buys More Bitcoin, Sees BTC as ‘Excellent Store of Value’ – Featured Bitcoin News

October 9, 2021
Bank of America Executive Sees Crypto as Asset Class: 'I Don't View It as Competition at All'

Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’ – Featured Bitcoin News

November 7, 2021
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US

Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US – Bitcoin News

September 24, 2021
Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

0
Floyd Mayweather – Boxing Champion Promoted an ICO

Floyd Mayweather – Boxing Champion Promoted an ICO

0
Cannabis Industry Going Crypto | CryptoPost

Cannabis Industry Going Crypto | CryptoPost

0

Why South Korea Decided To Ban ICOs?

0
Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

July 4, 2022
Bitcoin.com News

Bitcoin.com News

July 4, 2022
MicroNFT (MNT) Is Now Available for Trading on LBank Exchange | NewsBTC

MicroNFT (MNT) Is Now Available for Trading on LBank Exchange | NewsBTC

July 4, 2022
Is Bitcoin (BTC) Dead? How Does It Affect DeFi Projects Like Gnox (GNOX) And UniSwap (UNI)? | NewsBTC

Is Bitcoin (BTC) Dead? How Does It Affect DeFi Projects Like Gnox (GNOX) And UniSwap (UNI)? | NewsBTC

July 4, 2022

Recommended

Element APP is launched, discovering 46 Million+ multichain NFTs | NewsBTC

Element APP is launched, discovering 46 Million+ multichain NFTs | NewsBTC

December 6, 2021
ascendex

AscendEX Lists the Animal Concerts Token, ANML | NewsBTC

January 21, 2022
100 Opening Slots! LBank Exchange Reveals Galaxy Club Program to Encourage Project Innovation | NewsBTC

100 Opening Slots! LBank Exchange Reveals Galaxy Club Program to Encourage Project Innovation | NewsBTC

December 26, 2021
Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday

Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

March 2, 2022

Recent News

Web3 Delight Lagos - Breaking barriers to pave the way for the digital future | NewsBTC

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future | NewsBTC

July 4, 2022
Bitcoin.com News

Bitcoin.com News

July 4, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • ICO News
  • Litecoin
  • Market Analysis
  • Press Release
  • Regulation
  • Ripple
  • Stablecoin
  • Trading
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

CryptoReception © 2021 All rights reserved

No Result
View All Result
  • Home
  • Crypto News
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Altcoin
    • Stablecoin
    • Press Release
  • Blockchain
  • Business
  • Market Analysis
  • Live Price
  • ICO News
  • Regulation
  • Guide
  • Trading

CryptoReception © 2021 All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.