Tag: Litecoin

The cryptocurrency market has continued its trend this week, with Bitcoin rallying while most of the altcoins are underperforming The cryptocurrency market has been experiencing a mixed performance since the start of the week. Bitcoin has been performing excellently and has recently broken past the $57,000 resistance level, thus paving the way for it to rally higher and target the $60,000 level. However, the majority of the leading altcoins are currently trading in the red zone despite Bitcoin’s excellent run. Ether, Cardano, Binance Coin, XRP, Solana, Polkadot and others are all recording losses at the moment. Litecoin is not left out as Bitcoin’s sister coin is down by more than 3% over the past 24 hours. It could record further losses if the current market conditions don't improve over ...

The cryptocurrency is enduring a mixed start to the day, with some coins rallying while others are trading in the red zone The cryptocurrency market is having a mixed start to the day, with Bitcoin currently rallying while some altcoins are underperforming. Bitcoin is currently up by 3.5% and is looking to surpass the $50,000 resistance level at any moment. Its weekly gains are now closing in on 20% following its rally yesterday. Ether is also up by less than 1% and is close to surpassing the $3,400 mark. Binance Coin (BNB) has overtaken Cardano (ADA) to become the third-largest cryptocurrency by market cap after rallying by nearly 30% over the past week compared with ADA’s 4% weekly gains. However, some altcoins like Solana (SOL), Terra (LUNA), Uniswap (UNI) and Avalanche (AVAX) are all t...

The general cryptocurrency market is rallying again after stagnating for the past few days The cryptocurrency market has resumed its rally after days of stalling, with Bitcoin crossing the $50,000 threshold once again. This performance has trickled down to the entire market, with Ether, Cardano, XRP, Binance Coin and several other leading cryptocurrencies all up by more than 5% in the past 24 hours. Litecoin is also performing excellently after rising by more than 5% in the last 24 hours. LTC surpassed the 23.6% Fib level at $178 to break past the $180 resistance mark. Litecoin could look to test further resistance levels over the coming hours if the current market conditions persist.  The short-term performance of the broader market is promising and market participants are still opti...

The cryptocurrency market has retraced after a strong weekend, and further losses could be on the cards The cryptocurrency market finally retraced yesterday after rallying for the past few days. Bitcoin and the other leading cryptocurrencies all recorded losses over the past 24 hours. After topping the $47,000 level, BTC lost 3.6% of its value and is now trading in the $45,000 region. Ether also rose close to the $3,300 level but has lost 4% of its value and is now trading just above $3,100 per coin. Litecoin fell by 3.6% yesterday, eliminating the 1% profit it made on Sunday. The loss came after Litecoin began Monday with a bullish run, closing in on the $190 mark. However, LTC fell to a low of $179 before the end of the day. Currently, Litecoin is trading at the $178 level and could sust...