#ltc analysis

Litecoin price analysis 10 July 2019; 10% drop within an hour?

It seems as the Bitcoin market dominance has started as nearly every single altcoin in the market has shredded as much as 1% within the last hour.

Litecoin was one of the biggest losers, in this case, losing as much as 14% of its price from $119 to be situated at $104 at press time.

At the moment it would seem like BTC consolidation and unchallenged market dominance should start but in reality,…

Litecoin price data analysis 9 July 2019; frozen market before halving

Litecoin’s price has been relatively stable today as it hasn’t really budged from its $120 price point all day. Some analysts are predicting that the halving hype has already begun as in the process of forming a major uptick for LTC.

However, the chart doesn’t show nearly as much activity as traders were anticipating for the second week of July. It’s more likely that Litecoin will start moving…

Litecoin price analysis data 8 July 2019; Will LTC remain on $120 before halving?

Litecoin has been quite responsive to Bitcoin’s movements recently, but it hasn’t quite caught up to the growth numbers that the #1 crypto is notorious for.

Such responsiveness to Bitcoin is nothing new from Litecoin as it has always followed the market movements, only making major moves during extremely bullish announcements such as with the Litecoin debit card and LTC halving in early August.

N…

Litecoin price analysis 5 July 2019; Is LTC healthy under $130? Data says yes

Litecoin may not be in the best of shapes right now due to the overall market sentiment that we’ve been going through the last 24 hours.

Most of the major altcoins are trading below their potential due to a severe fall in trading volumes, but thankfully the explanation is quite simple.

Litecoin’s main trader base is in the United States, which could explain why trading volumes plummeted today and…

Litecoin price analysis 4 July 2019; Litecoin trading volume down for the day?

Litecoin managed to ride the BTC correction yesterday and gained as much as 4% in its price levels but has been quite slow today in terms of any major market moves.

The reason turns out to be quite simple as most of the Litecoin holders and enthusiasts are currently enjoying days off or are going out with their families on an outdoor BBQ in the United States.

Due to the US independence day on the…

Litecoin price analysis 28 June 2019; LTC to recover if $110 support level is maintained

At the moment, it’s very hard to focus on altcoins as all eyes are fixated on Bitcoin due to its market domination without any discretion.

Although BTC has already managed to shake off more than 15% of its gains taken early this week, it’s important to note that altcoins are in a much tighter spot.

It’s unlikely to see Altcoin recoveries any time in the future before Bitcoin takes yet another…

Litecoin price analysis 1 July 2019; LTC to rebound after hitting $115

Litecoin’s price is currently in the correction zone following the Bitcoin fall. LTC is currently sitting at $118 at the moment of writing this article and is struggling to go back to its $120 resistance level as its forming a new one at $132.

It’s unlikely for LTC to consolidate too much as BTCgears up for a quick spike as it dips below $10,000 and dominates the market once more, but the long…

Litecoin price analysis 29 June 2019; Litecoin pumping before altcoin season

Litecoin managed to consolidate 5% of its price over the course of just a couple of hours.

The pump happened probably weeks before the altcoin season begins after BTC is out of steam for the year.

But it seems like, in anticipation of the Bitcoin surge, people are diversifying into a more stable coin like LTC.

At the moment of writing this article, the price of LTCis at $127, to which it rose…