Category Archives: litecoin

Crypto Update: Coins Survive Break-Down Attempt, but Setup Still Bearish

Yesterday, the major cryptocurrencies experienced a quick sell-off below support and a rapid reversal, but the “glitch” (or manipulation attempt) didn’t change the overall technical setup. The top coins are back in their trading ranges that have been dominant for over a week, and the short- and long-term downtrends are all intact. While the recovery […]

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Flush of Green: Crypto Markets on the Rise as Bitcoin Approaches Oversold Territory

Crypto markets saw renewed upside on Wednesday, as bitcoin emerged from oversold levels and bitcoin cash jumped to weekly highs. The moves, which appear technical in nature, set the stage for a bigger short-term rally. Markets Eye Recovery The total value of cryptocurrencies rose by more than $1 billion on Wednesday, reaching a high of […]

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Crypto Update: Coins Settle Down After Weekend Pump & Dump

While crypto bulls had something to cheer about early on during the weekend following a rally attempt in the majors, the move once again failed to improve the technical setup in the segment, and the top coins quickly gave back their gains. Now, most of the coins are trading near the bottom of their short-term […]

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Litecoin Price Analysis: LTC/USD Bulls Enjoy Big Jump But Stubborn Resistance Capping Potential

Litecoin sees a relief rally on Friday, but is still stuck within stubborn range-block. LTC/USD price action has formed a bearish flag pattern structure, subject to a potential break lower. The Litecoin price on Saturday was seen holding decent gains of over 5%, as life is kicked back into the bulls. The LTC/USD pair has […]

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Crypto Markets Get a Boost Heading Into the Weekend as Debate Over Bitcoin ETF Intensifies

Cryptocurrency prices rose on Saturday, alleviating the risk of an imminent pullback following days of mostly lateral moves. As history has shown, longer periods of sideways trading are often followed by brisk selloffs in bitcoin and altcoins. Flush of Green The biggest cryptocurrencies all reported gains at the start of the weekend. Bitcoin, the largest by […]

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Crypto Update: Coins Drift Lower but Damage Remains Limited

The major cryptocurrencies continue to trade in narrow ranges following last week’s decline and this week’s failed rally attempt. While Bitcoin is stuck near the $3600 support, the other top coins have been losing ground today, with Ethereum dipping below the $120 level, Ripple violating the $0.32 price level and Litecoin testing the $30-$30.50 support […]

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