#ltcbtc

Litecoin price is struggling to gain pace above $66.40 against the US Dollar. LTC could revisit the $60 support before the bulls take a strong stand. Litecoin is correcting losses from the $63 support zone against the US Dollar. The price is now trading below $66 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $65.50 on the 4-hour…

Litecoin – one of the oldest blockchain protocols – completed the third halving in its history on August 2. The event, which occurs every four years, cut the miners’ awards in half: from 12.5 LTC to 6.25 LTC. Halvings are usually seen as catalysts that could propel price increases for the native token of the network in the long term. However, LTC headed in the opposite direction hours after the…

Litecoin’s upcoming halving is less than five weeks away, which is expected to happen on August 2, 2023, at block 2,520,000. Leading up to the much-anticipated fact, the network hash rate has already reached a historic high, thereby serving as a positive catalyst for the Litecoin miners As a result of this increased confidence, LTC was up by more than 15% over the past week, climbing near the…

Litecoin is slated to undergo its third mining reward halving in early August, after which the per-block reward paid to miners will be lowered by 50% to 6.25 LTC from 12.5 LTC. Leading up to the fact, the 12th largest crypto-asset by market value has managed to fetch some big gains lately, pushing its price to $92.58. Several on-chain metrics have also flipped positive. Litecoin’s Network…

Litecoin Price Analusis: Litecoin Rides Ascending Channel As Bulls Try Major Resistance

LTC has risen nearly 40% off lows set last week 200MA has finally held as support RSI sits coiled in bull flag Litecoin has been fairly slow the past few months as the overall cryptocurrency market has lost steam. Litecoin was one of the first cryptocurrencies and it has since stayed in the top 20. LTC has still yet to break over its previous all time high like BTC & ETH did. This has many…