Currencies36080
Market Cap$ 3.27T+5.70%
24h Spot Volume$ 74.14B-9.04%
DominanceBTC55.80%+0.31%ETH11.03%+1.38%
ETH Gas0.05 Gwei
Cryptorank
/

Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?


by Dimitar Dzhondzhorov
for CryptoPotato

Share:

TL;DR

  • LTC witnessed a substantial price uptick, fueled by MEI Pharma’s $110 million purchase of Litecoin tokens.
  • While analysts foresee a rally toward $150 and beyond, technical indicators such as the rising RSI and increased exchange inflows suggest that a possible short-term correction may be in play.

The Next Targets

Litecoin (LTC) is among the few leading cryptocurrencies well in the green on a daily scale. Currently, it trades at approximately $124, representing a 41% increase over the past month.

Read the article at CryptoPotato

In This News

Coins

$ 83.15

+7.69%

$ 0.00...361

$ 1.58


Share:

In This News

Coins

$ 83.15

+7.69%

$ 0.00...361

$ 1.58


Share:

Read More

Is This the DOGE Bottom? Dogecoin Flashes Bullish Signals

Is This the DOGE Bottom? Dogecoin Flashes Bullish Signals

Dogecoin hits Wyckoff Spring phase with MACD bullish cross forming. Analysts eye $5 t...
$50K or $120K by Christmas? Here’s What 4 AIs Expect for Bitcoin

$50K or $120K by Christmas? Here’s What 4 AIs Expect for Bitcoin

"Expect consolidation around $86K-$90K early December, then a push to $110K-$120K by ...

Litecoin (LTC) Soars by 40% Monthly: Is There More Room for Growth?


by Dimitar Dzhondzhorov
for CryptoPotato

Share:

TL;DR

  • LTC witnessed a substantial price uptick, fueled by MEI Pharma’s $110 million purchase of Litecoin tokens.
  • While analysts foresee a rally toward $150 and beyond, technical indicators such as the rising RSI and increased exchange inflows suggest that a possible short-term correction may be in play.

The Next Targets

Litecoin (LTC) is among the few leading cryptocurrencies well in the green on a daily scale. Currently, it trades at approximately $124, representing a 41% increase over the past month.

Read the article at CryptoPotato

In This News

Coins

$ 83.15

+7.69%

$ 0.00...361

$ 1.58


Share:

In This News

Coins

$ 83.15

+7.69%

$ 0.00...361

$ 1.58


Share:

Read More

Is This the DOGE Bottom? Dogecoin Flashes Bullish Signals

Is This the DOGE Bottom? Dogecoin Flashes Bullish Signals

Dogecoin hits Wyckoff Spring phase with MACD bullish cross forming. Analysts eye $5 t...
$50K or $120K by Christmas? Here’s What 4 AIs Expect for Bitcoin

$50K or $120K by Christmas? Here’s What 4 AIs Expect for Bitcoin

"Expect consolidation around $86K-$90K early December, then a push to $110K-$120K by ...