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LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin? Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session The LTC/BTC exchange rate touched 6,358 sats during the Asia-Pacific trading hours. The pair later corrected to an intraday low of 5,776 sats ahead of the London opening bell as profit-taking sentiment grew near the sessional peaks. But according to data collected from Glassnode, the downside correction did little in offsetting Litecoin's growing bullish strength. The blockchain analytics firm noted a dramatic spike in the number of active Litecoin addresses beginning 2021, indicating a rising demand for the silver cryptocurrency just as the Bitcoin uptrend shows signs of cooling off.  Altcoin season The Litecoin price uptrend surfaced out of the womb of an ongoing altcoin market boom. Recent sessions saw Bitcoin losing its market share to a large army of rival cryptocurrencies, with Ether (ETH), the second-largest digital asset by market capitalization, hitting a record high above $3,500. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #litecoin #litecoinwallet #litecointrader #litecoinminer #litecoinnews #litecoinmining #litecoins #litecoincash #litecoinprice #litecoincommunity https://www.instagram.com/p/COieh47ATOg/?igshid=5v66mofv28w3

Litecoin (LTC) Price Analysis: Risk of More Losses Below $170 Litecoin price is showing bearish signs and it declined from the $200 resistance against the US Dollar. LTC price is now trading well below the $200 level and the 55 simple moving average (4-hours). There was a break below a declining channel with support near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below $170 and $165 in the near term. Litecoin price is showing bearish signs below $200 and $195 against the US Dollar, similar to bitcoin. LTC price could dive further unless it gains strength above $185. However, the bulls failed to gain strength, resulting in a fresh decline from the $200 barrier. The recent swing high was near $198 before there was a break below $190. There was also a break below a declining channel with support near $180 on the 4-hours chart of the LTC/USD pair. The pair dipped below the $180 support zone and settled well below the 55 simple moving average (4-hours). A low is formed near $171 and the price is clearly showing bearish signs. If there is a downside break below the $171 and $170 levels, there is a risk of more losses. The next major support is near the $165 level, below which the price could decline further towards the $150 level. This is the time to buy more Litecoins Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #litecoinit #litecoin #litecoincash #litecoinwallet #litecointrader #litecoinnews #litecoinmining #litecoinprice #litecoins #litecoinuk #altcoiner #altcoinarmy #altcoindaily #altcoin #altcointrading https://www.instagram.com/p/CM1SGEYA3bu/?igshid=1a4z6zk9oaxul

LITECOIN ANALYSIS One of the oldest and most popular cryptocurrency projects, Litecoin is trading in an uptrend corridor ever since it hit a low of $42.8 in September 2020. Still, it was lagging behind the other majors in terms of growth percentage. For the last seven days, the LTC/USDT pair increased by $12.1 percent and re-entered the Top 10 with a market cap of $14,4 billion. We see the $225$-$230 zone as the next major horizontal resistance in front of bulls. It is a solid level from back in 2018 and also where the Fibonacci level 78.60 level is situated from the last correction. The second target is $250. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾❤❤❤❤❤❤❤❤❤❤❤❤❤❤ #litecoinit #litecoin #litecoincash #litecointrader #litecoinnews #litecoinmining #litecoinprice #litecoins #litecoinuk #litecoinwallet https://www.instagram.com/p/CMcR1CvhVXh/?igshid=llap5dmntxkg

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