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Litecoin Nears Annual Low: Potential Rebound or Further Descent?Litecoin Nears Annual Low: Potential Rebound or Further Descent? Litecoin price was trading close to $74.28, recording a slight intraday loss of 0.44%. The weighted sentiment curve has dropped below the zero line indicating the bearish dominance in the crypto. Litecoin price has been in a short term declining trend after the breakdown of the psychological $80 level. The price has retraced the annual lows and might be at the risk of falling lower if resumes with the ongoing short term trend. Moreover, there has been a notable shift in the weighted sentiment curve in the recent sessions. At the time of writing, the LTC crypto was hovering close to $74. recording a swift intraday loss of 0.4%. Litecoin is the 20th largest cryptocurrency with a live market capitalization of $5.54 Billion. It has a daily transaction volume of nearly $176.37 Million. Out of 84 Million LTC tokens, 74.67 Million tokens are presently in circulation. Weighted Sentiments Curve Indicates Selling Continuation. The Litecoin price dropped sharply in the recent sessions after the breakdown of the recent support of $80. The breakdown of the support level turned the weighted sentiment curve towards the bearish side. The above data displays the change in positive, negative, and overall weighted sentiments regarding LTC crypto. As per the data, the positive sentiments dropped thus tuning the weighted sentiments curve below the zero line in the bearish zone. The weighted sentiment curve reveals the current bias about LTC whether it is bullish or bearish. A positive sentiment dominates until the weighted sentiment curve is maintained above the zero line and vice versa. What's Next For Litecoin? From a technical point of view, the Litecoin price has dropped below all the key exponential moving averages of 20, 50 and 200 days indicating a bearish outlook in the short term as well as long term. Now, until the price is maintained below the key EMAs of 50 and 200 days, it might be a sell on rise opportunity for the short term traders and investors. The price needs to surpass the $80 level in order to reclaim the bullish territory. At the time of writing, the RSI line was placed at 36.73 and that of the 14 day SMA line was at 37.37 points. Both the lines were placed below the mean line indicating bearishness in the trend. Conclusion. Litecoin (LTC) is facing a bearish trend, having fallen below the crucial $80 level. At the time of writing, LTC was trading around $74 with a modest intraday loss of 0.4%. The market sentiment has shifted negatively, with a decrease in positive sentiments. It ranks as the 20th largest cryptocurrency, with a market cap of $5.54 billion and 74.67 million tokens in circulation. From a technical aspect, LTC price is below the 20, 50, and 200-day exponential moving averages, suggesting a bearish outlook for both short and long term. The RSI and 14-day SMA are below the midpoint, reinforcing the bearish sentiment. The price must break above $80 to turn bullish again.
COINBASE:LTCUSDShort
by Ritika_TCR
Litecoin Bottoms Out From Monthly Lows: Bullish Trend on the Hor Litecoin Price bottomed out after retracing multi month low value and reclaimed $80 level. The increased active addresses and OI data validates the possibility of further growth. Litecoin encountered a strong support near the multi month low value and jumped higher after retracing the level of $77. The bulls have reclaimed the $80 level however, further gains need the attention of large players. Let's look into a detailed way including the recent activities performed on the on chain by the large players and try to understand the further path of the LTC crypto. Active Address Revisists Two Month High! According to information from the well-known financial website app.sentiment.net, there has been a notable increase in active addresses, reaching a peak not seen in two months. This surge in active addresses is a favorable sign, suggesting a rise in user engagement. It could also signal a positive shift for the cryptocurrency, potentially marking the conclusion of its recent corrective trend. A positive shift in active addresses typically correlates with bullish momentum in the cryptocurrency's price. This metric reflects the volume of transactions occurring within a specific timeframe. OI Data And Total Supply In Profit Suggest More Room For Growth! While Litecoin's price remains in an uncertain range, the significant increase in Open Interest (OI) data underscores the market's bullish sentiment. The value of open contracts has soared by nearly 50%, climbing from $350 million to $440 million within a week, indicating a broader market recovery, with Litecoin poised for an early rebound. It's noteworthy that 55.6% of Litecoin's total supply is currently profitable, and this figure has been rising steadily. A smaller percentage of total supply in profit typically implies potential for further price appreciation. Generally, a cryptocurrency is considered to have reached its peak when the total supply in profit exceeds 90%. The market analysis indicates that Litecoin's value is stabilizing at a robust support level, which has been consistent over several months. The scenario is poised for substantial investors to initiate long positions. For short-term traders, the $90 and $100 levels could serve as targets for realizing profits. Conclusion. Litecoin (LTC) crypto encountered a strong support near a multi-month low and rebounded after plummeting below the $80 level. Furthermore, an increment in active addresses and a 50% surge in Open Interest to $440 million suggest a bullish market sentiment and a potential termination of a correction phase. Currently, 55.6% of Litecoin's supply is profitable, hinting at room for growth. Market analysis shows Litecoin stabilizing and attracting significant investor interest, with $90 and $100 as potential profit-taking zones for short-term investors. Overall, Litecoin appears promising for investment if market uncertainties subside. Technical levels: Support levels: $80.07 and $77.27 Resistance levels: $90.37 and $94.27
CRYPTO:LTCUSDLong
by Ritika_TCR
Litecoin Gearing Up for a Bullish Breakout: Time to RideLitecoin Gearing Up for a Bullish Breakout: Time to Ride the Trend? The investors and traders have turned optimistic about Litecoin after a recovery was noted in the recent sessions. Positive MVRV ratio and rising social metrics indicate a potential for rise in the crypto. Litecoin (LTC) traders and investors have turned optimistic after the price noted a strong rebound in the recent sessions. Litecoin made a strong recovery adding nearly 10% in the recent sessions. Amid the recent recovery, the bulls seem to be regaining control at the lower levels and the price may head for a bullish breakout. The daily chart highlights the formation of an interesting channel with a potential breakout that would mark the end of a correction phase. Litecoin Gains Boost Investor Returns In tandem with a rebound in the price in the recent sessions, a significant development was recorded in an important metrics: MVRV ratio as per Santiment. MVRV ratio is an on-chain metrics that evaluates the market's profitability. It indicates whether the investors may get profit or loss if they liquidate their holdings at the moment. It also helps to identify when the price is overvalued and when it is undervalued. As of now, the 30-day MVRV ratio was at 30.1%. It suggests that if every holder liquidates their positions at the moment they would yield a positive gain of nearly 30% on their investments. Moreover, the 7-day MVRV ratio was 103% indicating a more percentage of holders sitting at unrealized gains. Both the 7-day as well as 30-day MVRV ratio curve were placed above in the bullish territory, suggesting the Litecoin holders enjoyed a positive return on their investment. Furthermore, the social metrics like social dominance and social volume curve were headed higher indicating the increasing participation of the social media users. The community sentiment indicates 69% bullish biasness indicating a possible price rebound. Can Litecoin Mark A Bullish Reversal Next Month? The recent rebound in Litecoin price indicates a short term bullishness in the crypto, however, the long term trend still awaits to claim a bullish territory. The volume to market cap ratio at 6.6% suggests mild volatility. From a technical perspective, LTC has surpassed the 20 and 50 day EMA indicating a bullishness. Moreover, the daily chart highlights the formation of a declining parallel channel pattern with the price hovering close to the upper boundary intending a breakout scenario. On the higher side, the breakout of the declining channel above the $68 level would mark a bullish reversal in the crypto and the price may resume its journey towards north. On the contrary, if the bearish pressure exceeds and the price breaks below the $60 level, it may invalidate breakout scenarios and the price may extend the losses again maintaining the preceding correction phase. Litecoin (LTC) made a strong rebound, gaining nearly 10% recently. The 30-day MVRV ratio is at 30.1%, indicating potential 30% gains if holders liquidate now, while the 7-day MVRV ratio is 103%, showing high unrealized gains. Social metrics are also positive, with 69% bullish sentiment. From a technical perspective, LTC has surpassed the 20 and 50-day EMAs, suggesting short-term bullishness. A breakout above $68 could signal a bullish reversal, while a drop below $60 may continue the correction phase. The volume to market cap ratio at 6.6% indicates mild volatility.
CRYPTO:LTCUSDLong
by Ritika_TCR
LITECOIN under Bearish Mode#Litecoin 1hr. Chart Analysis As per previously movements of CRYPTOCAP:LTC into #HarmonicWave Patterns of Butterfly Bullish trend is completed and now CRYPTOCAP:LTC moving under Ascending Broadening Wedge Pattern, it indicates always Bearish signal. It means, Soon CRYPTOCAP:LTC reach out towards lower of $89 soon in 24 hrs. after break-out of $90 again. As per this Harmonic Wave signal, it's next cycle goes to completion with final cycle on Bullish trend towards $100 again up to next week. Always read research and analyse pattern, signals, waves and indicators before starts any trade and trade with using of #StopLoss, It's #NFA & #DYOR also, LIKE, SHARE & COMMENTS on it...
Short
by AskToRahulSirohi
LTCUSDT (Crypto) Long🌎Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency created in 2011 as an alternative to Bitcoin. It was designed to provide faster and cheaper transactions, positioning itself as "digital silver" to Bitcoin's "digital gold." The primary goal of Litecoin's creation was to become a more efficient means of instant payments and transfers than Bitcoin. Litecoin operates on the Proof-of-Work principle, like Bitcoin, but uses the Scrypt algorithm. The Scrypt algorithm was initially chosen to counter specialized mining hardware (ASICs), keeping mining more decentralized. Although ASICs for Scrypt have been developed over time, this algorithm still requires more memory than SHA-256, which is used in Bitcoin. The Litecoin network has successfully implemented important upgrades such as Segregated Witness (SegWit) and the Lightning Network, which increase throughput and enable instant microtransactions. Litecoin has a stated maximum supply of 84 million LTC, four times greater than Bitcoin. Litecoin block times and transactions are confirmed significantly faster than Bitcoin. This, along with a less congested network, results in very low fees. A growing number of merchants accepting LTC and integration with payment systems (such as the partnership with Spend) Litecoin's partnership with the Spend platform (also known as SPEDN by Flexa) was part of a broader integration aimed at making spending Litecoin and other cryptocurrencies in everyday life simple and instant. This partnership was a joint effort between several parties: the Litecoin Foundation, Nexus Wallet, and the Flexa payment network, which operates the SPEDN app. At the peak of the partnership, the Flexa network included over 41,000 merchants, primarily in North America, where SPEDN payments were accepted. Here are some well-known companies that accepted payments through this system: Lowe's, Petco, GameStop, Bed Bath & Beyond, Nordstrom Why this partnership was important: It directly linked digital currency to real goods and services. It also clearly demonstrated Litecoin's advantages—speed (2.5 minutes per block) and low fees. Today, the SPEDN app is no longer available, but the Flexa payment network itself continues to operate and develop other solutions. Litecoin remains available for spending—through other services, such as BitPay (crypto debit cards and gift cards) or directly at a growing number of online and offline merchants. In investing and trading, we treat cryptocurrencies as an asset class tied to a risk-on/risk-off regime, only with added variance, like on steroids, so to speak. Currently, the markets are in risk-on mode, and number of factors point to the beginning of altcoin season.
Long
by A3MInvestments
Litecoin BINANCE:LTCUSDT BINANCE:LTCUSDT.P Litecoin (LTC) is potential bullish momentum on the 4-hour chart, trading at around $65.77. After a significant drop from the highs earlier this year, LTC appears to have found a bottom near $55, forming a rounded base with a series of higher lows. The price is now trading above the moving averages, which are converging and hinting at a possible breakout. Additionally, the MACD histogram has flipped positive, indicating increasing buying pressure. If LTC can sustain above the current level and break through the $70 resistance, we could see a push toward the next target around $75-$80.
Long
by hfwkjfhbwkjhfbu
Top 10 Altcoins To Invest In 2021The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin. Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that not all altcoins are successful and have the same future scope. Thus before choosing a cryptocurrency to invest in, make sure to check all the details, reports and what people say about it. If you are looking for a cryptocurrency to invest in, you are at the right place because we are here enlisting some of the most unique and profitable altcoins which hold a wide range of opportunities but not as costly as Bitcoin. Ether (ETH) Ether is a cryptocurrency built on top of the open-source Ethereum blockchain, which is known for running smart contracts. Ether is the second-biggest cryptocurrency in terms of market share. Currently, 1ETH is priced at 1,781. 22 United States Dollar and it is steadily growing. With a market capitalization of $230.7 billion, ETH had hit a new record in Feb 2021. Cryptocurrency acts as a fuel that allows smart contracts to run, as opposed to bitcoins, which means a unit of currency on a peer-to-peer payment network. Binance Coin (BNB) It is the third biggest cryptocurrency on the basis of market share. BNB Coin is used to trade and pay fees on the Binance crypto exchange. Binance crypto exchange is the largest cryptocurrency world in the world. The popularity of Binance is growing among developers, as of January 2018, it is facilitating more than 1.4 million transactions per second. The overall Binance ecosystem makes it much easier to make transactions on their network. The current price of 1 BNB coin is 248.524621 US Dollar (USD) and it will be beneficial for the investors and BNB Coin Holders. Cardano (ADA) With a market cap of $46 billion, Cardano is in the third position after Bitcoin and Ethereum, it is one of the most improved altcoins and it is currently priced at $1.45. Trading Beasts already predicted that the ADA price will reach $1.80 in the fourth quarter of 2011. One of the key factors behind Cardano's growth is the release of Hydra, a layer two scalability solution that promises to give the Cardano network the power to process more than 1 million transactions every second. Ripple (XRP) Ripple is not a cryptocurrency but a payment solution, It is not made of a blockchain, but a hash tree and its coins cannot be mined as there is a finite number of coins i.e. 100 billion. Its Coin XRP is mostly used by big companies to make huge transactions. There are hundreds of financial institutions that choose Ripple to provide a better international payments experience to their customers in real-time. The current price of 1XPR is $0.454459 and it has a market cap of $45.44B. PowerCoin (PKOIN) Currently priced at 0.00405976ETH, Power Coin is probably the newest altcoin in the market but as an asset-backed hybrid stable coin it is trust-worthy and not only protects investors against volatility in the crypto marketplace but it also helps in mining and generating passive income. It is backed by Power Corp and the company is developing a mining pool, Innovation Center, High-Performance Computing Data Center while acquiring assets such as renewable energy systems, financial instruments, real estate, intellectual property, digital and fiat currencies to back its hybrid stable coin PKoin. PKoin is already listed on a few reputed crypto exchanges and soon the list will be longer. It is affordable and has a great scope. Thus don’t miss the opportunity and invest in it now. LiteCoin (LTC) Lite coin is really the lite and speedy version of Bitcoin. It was created by Charlie Lee and it holds many of the best features of Bitcoin and adds some of its own twists. LTC takes just 3 minutes to confirm a transaction for the same bitcoin takes around 10minutes. Lower system requirement is also one factor that helps it to gain people interest as ordinary PCs are capable of mining it. LTC is powerful, easier, faster and currently, it is priced at 194.85 United States Dollar. Tether (USDT) With a market cap of $39 billion, Tether is in the 5th position of top cryptocurrencies. USDT is currently priced at $1 and It is a blockchain-based cryptocurrency, in which crypto coins are backed by the equivalent of traditional Fiat currencies including the dollar, euro or Japanese yen, which are held in a designated bank account. It is being traded under the USDT symbol. Bitcoin Cash (BCH) A major update regarding its processing speed is expected this year. Bitcoin Cash is one of the best alternatives of Bitcoin. It becomes popular because of its better transaction speed. It has larger blocks compared to Bitcoin which makes it able to handle more transactions at once, which means faster transactions. It is the world's 11th biggest cryptocurrency by market cap at above $10 Billion. 1BCH is currently priced at 535.91 United States Dollar it is one of the most profitable cryptocurrency with lots of cool features. Tron (TRX) Founded in 2017 and based on Ethereum, Tron is here to decentralise the web by providing more power to content creators and publishers by monetising the way their content is shared and used. Since its launch on Ethereum, it has moved to a self-governing blockchain platform and uses a proof of stake algorithm to process all the transactions. It is one of the best altcoins with a market cap of $3.8 billion and a price of around $0.05. Chain Link (Link) The Project is a decentralized network consisting of nodes that provide data to blockchain smart contracts through oracles from off-blockchain sources. The process begins on a smart-contract-enabled blockchain whenever a smart contract needs data. With a market cap of $12 Billion, it is ranked at 10th position and it is priced at $30.14 currently The above ten altcoins are unique, trustable and have great benefits. Other than these 10, there are thousands of altcoins available in the market but if you are looking for a beneficial and affordable cryptocurrency having good future scope then PowerCoin (PKoin) will be a great choice, as it has a lower price but its plan and assets-backed nature will help it to grow quickly. Thus choose an altcoin from the above list and invest in it wisely. That’s it for today and have a great day.
BLong
by puranmal
$LTC Do or Die situationCRYPTOCAP:LTC | Litecoin After 6 years of following this trendline,🫨 we are now seeking support once more to validate its significance. Anticipating a minor upward movement followed by a more substantial pullback to retest the trendline for confirmation. As in LTF, we can see a channel breakdown target is close to $50, so in the worst case, that's possible. This moment could prove critical for #Litecoin's future. Stick to your plan, be disciplined, and manage risk accordingly.
by dCryptoMartian
LITECOIN - Ascending Broadening WedgeLITECOIN 1-hr. Chart Analysis At Present, CRYPTOCAP:LTC moving hourly into Ascending Broadening Wedge Pattern, that indicates the #Bullish signs for its Uptrend growth with another mark of $118 to $125 next but as per its coming Downtrend cycle, last time chances their availability of $96 to $102 also. Lets see, either its perform perfect or give any breakout for next trend of divergence. Into August LITECOIN #Halving also Coming.. Always #DYOR and Trade wisely by using #StopLoss its #NFA MUST LIKE & SHARE
Long
by AskToRahulSirohi
LITCOIN retest Last Lower-Low of $65-55LITCOIN 1-DAY CHART ANALYSIS LTC Previously Running into Broadening Wedge Pattern and Now Break-out towards Bullish Flag Pattern. Now soon in July, LTC will be going towards $65-55 to retest its second last Lower-Low, after that it will be boost up into Bullish Mode and major chances to Break out previous All Time High in this coming BullRun. Always #DYOR and Trade Wisely into this Trap mode with using #StopLoss always. Must LIKE & SHARE it
Short
by AskToRahulSirohi
BTC PumpWhat Price Did Bitcoin Start At? Bitcoin was originally worth next to nothing. The transaction that first gave Bitcoin monetary value was in October 2009, when Finnish computer science student Martti Malmi, known online as Sirius, sold 5,050 coins for around INR 414.65, giving each Bitcoin a value of $0.0009 each. The exchange took place on PayPal. That can be hard to believe, with so many crypto exchanges dedicated to buying and selling BTC nowadays. Bitcoin’s Early Years: 2009 to 2012 The growth in BTC adoption in the early years started slow. If you look at Bitcoin’s pricing data on Google Finance, it only goes back to Nov. 20, 2015. The early years were characterized by very little infrastructure, with only a few hobbyists buying and selling BTC. “There was no action to speak of and no news cycle,” says Alex Preda, a professor of professions, markets, and technology at King’s Business School in London. “Bitcoin was a fringe phenomenon confined to a subculture of software engineering and not a financial phenomenon.” The first “real world” transaction took place in May 2010 on a Bitcoin forum. Posting to the bitcointalk.org forum, Florida native Laszlo Hanyecz enquired whether anyone would order him two pizzas for 10,000 Bitcoins. After purchasing two pizzas from Papa John’s worth approximately INR 3,380, the price of each Bitcoin came to $0.0041. Those pizzas are the most expensive ever ordered, worth nearly INR 16 billion today, averaging around INR 1 billion per slice. Hanyecz did the impractical transaction for the sake of it, telling The Sun, “I wanted to do the pizza thing because, to me, it was free pizza. I mean, I coded this thing and mined Bitcoin, and I felt like I was winning the internet that day.” Bitcoin wasn’t even worth a dollar until February 2011. That’s when the fireworks started. By June 2011, the price of Bitcoin had shot up 30 times, reaching a value of INR 2,471. In a hint of what was to come, the spike didn’t last long, with Bitcoin dropping to INR 411.. Liquidity in late 2011 was low, and Bitcoin’s first competitor, Litecoin (LTC), emerged on the crypto scene in October 2011. The introduction of LTC spelled some doubt among the community, with a 90% drawdown testing resolve. Despite a slight rebound, 2012 was uneventful, and BTC closed the year around INR 1,070. Bitcoin Attracts Investors: 2013 to 2017 Bitcoin’s price trajectory began to change in 2013. Exchanges, most notably Mt. Gox handled 70% of all Bitcoin transactions by the end of 2014 and started onboarding more and more users. Crypto became more accessible as a result. The price followed the increase in adoption. Opening in 2013 at INR 1,070, BTC skyrocketed to breach INR 82,389 by November 2013. Success waned the following year after the Tokyo-based Mt. Gox experienced a security breach with hackers stealing INR 4,942 million from its coffers. Mt. Gox shut down due to insolvency causing Bitcoin to slump to around INR 24,710 by the end of the year. “The Mt. Gox case generally demolished investor trust in BTC, and it affected the sentiment toward crypto on a much broader scale,” says Alex Faliushin, CEO of crypto lending platform CoinLoan.io. Between 2015 and 2016, Bitcoin trudged slowly along, making the price action relatively muted. It closed 2016 at around INR 82,389. The following year saw more investors pour into the asset as increasing media coverage began to draw in the average retail customer. Price barriers were torn apart with ease. BTC broke through INR 82,389 in early January 2017 and INR 1,64,733 in May 2017. BTC then doubled to INR 3,29,464 in August 2017. Now, Bitcoin was finally beginning to win doubters over. Futures contracts began trading on the CME and many in the market felt like Bitcoin was becoming a genuine financial asset class. The “fear of missing out” took hold, and more and more people flooded in to buy this up-only asset. Bitcoin popped to INR 8,23,537 in November 2021 before nearly doubling to almost INR 15,64,720 the following month. Little did investors know then, but it took nearly three years to regain these price levels again. Bitcoin Recovers: 2018 to 2021 The year 2018 didn’t slow Bitcoin’s downtrend. BTC’s price collapsed, closing out the year below INR 3,29,464. Then digital currency closed out 2019 at around INR 5,76,472. With two years of relative inactivity and a consistent downtrend, many wrote Bitcoin off as a fad, having failed to solidify its place in the mainstream market. Then the Covid-19 pandemic struck, and the stock markets dropped violently in mid-March 2020. Bitcoin wasn’t spared, shedding 50% of its value in less than 48 hours to trade below INR 3,29,464. Some hypothesized that the Covid-inspired dip would be Bitcoin’s final nail in the coffin. But those skeptics were very wrong. With the Federal Reserve responding to the Covid-19 pandemic by printing money for fiscal stimulus, asset prices across the board rose sharply. Growth and tech stocks showed explosive gains, but Bitcoin got everybody talking. After halving to less than INR 3,29,464in March, BTC hit INR 8,23,537 in May 2020. But it made its real move in the final quarter of 2020. It shattered its all-time high by breaching INR 12,35,197 in November 2020, moving above INR 16,47,196 in December 2020, and ending the year at around INR 23,88,435 with a market cap of more than INR 44,384 billion. As retail investors poured into markets and the Federal Reserve kept printing money, assets continued to inflate. Bitcoin hit INR 32,93,890 a week into 2021, INR 41,17,363 in February 2021 and INR 49,41,104 in March 2021. After a turbulent couple of weeks in May, it dropped to less than INR 27,99,959 before rising to another all-time high close to INR 56,81,883 in November 2021. Crypto Winter: 2022 Since November 2021, Bitcoin has struggled with the rest of the market. The up-only narrative from the days of money printing was over, with economies struck by rampant inflation. The Fed has been hiking interest rates since early 2022, with assets furthest out on the risk spectrum getting punished the most. Higher interest rates mean a greater cost to borrow, less investment, and a general reduction in the level of demand in the economy. Bitcoin has been in freefall since early this year amid the crypto winter. The most damaging month this year was May, when the collapse of stablecoin TerraUSD sparked a round of contagion in the cryptocurrency markets, pulling Bitcoin down from INR 32,10,148 in early May to INR 16,46,230 by mid-June, where it hovers today. Investors hope this downturn is just the latest dip to precede a sharp rise, as history has repeatedly shown for Bitcoin. Historically, October is known as a “green” month, increasing 26% on average. If that’s the case, we may see prices head toward the INR 19,75,609 mark.
BITSTAMP:BTCUSD
by hugesjohn
1
LTCBTC going bearishLTCBTC crossed 50DMA on April 21. From previous trends it looks difficult that it can move above that. Also, it is currently holding between .5 and .618. If the .618 level breaks, we might see go down new lows. However, if .618 level holds, we might see some bounce. 200 DMA remains the last line of defence. Once broken it may be long road to trend reversal. There is some hope for reversal. The volume on this downtrend is low and the mini alt season could pump up volume enough to get . But, that is the trend on LTC, the green candles have high volume while the red candles have low volume but they come in clusters. Accumuclating alts before the alt season is the best strategy but LTC is not the pick of this season.
by Cryptoray8
LTCUSDT - BULL TRAP IN MAKING?Symbol - LTCUSDT CMP - 130.00 LTCUSDT is currently forming a distribution pattern following a period of local consolidation. The price is testing the resistance zone and exhibiting signs of a false breakout. However, it is important to note that the broader cryptocurrency market remains in a corrective phase. At present, Bitcoin appears relatively weak, undergoing both a correction and short-term consolidation ahead of a potential continuation of the decline toward the 117K-116K range. Within this environment, the recent upward move in LTCUDST may be short lived and could transition into an aggressive decline if the price closes below the key resistance level. This false breakout, or market manipulation relative to resistance, suggests that LTC’s current rally may represent a local bull trap, particularly amid broader market weakness. A breakdown could lead the pair toward the breakeven or liquidity zone between 124.10 & 115.30 Resistance levels: 132.00, 134.20 Support levels: 124.14, 115.36 A confirmed false breakout of the resistance zone, especially while the altcoin market continues to weaken, could indicate a liquidity grab prior to a deeper market alignment with Bitcoin’s broader correction. Consequently, confirmation of this pattern may serve as a signal for a potential downside move in LTCUSDT.
Short
by akshit_official
2
LTCUSDT SPOT BUY ZONELTCUSDT SPOT BUY ZONE To enter a spot trade, you must first confirm that the uptrend will continue and identify which cycle’s peak this uptrend corresponds to. This helps you decide the appropriate profit-taking point. Is the uptrend still intact? Which cycle will form the peak of this uptrend—weekly (W), monthly (M), 3-month (3M), or daily (D1)? This is crucial for accurately identifying the peak and taking profits. If you buy aiming for a monthly peak but the price peaks on D1, it’s beneficial as it provides a new buying opportunity rather than forcing you to sell. Knowing which peak you’re following also helps you plan your capital allocation. Following a monthly peak but expecting immediate profits within a day or week is unlikely without significant luck. You need a specific price range to decide on buying (this is your desired entry price). You need a timing mechanism to combine with the buy price to ensure the price takes off immediately after your purchase (successful bottom identification). For LTC, we will: Wait to buy in the $73 range. Wait for a “has bottom” signal on the weekly timeframe.
Long
by rainbow_sniper
2
Bitcoin (BTC): technical and fundamental analysis.📈 Technical analysis BTC/USDT After the correction in the cryptocurrency market, a rebound occurred following Donald Trump's post about including not only Bitcoin but also altcoins in the U.S. national reserve. During this rebound, Bitcoin's price retested the key $95,000 level from below—a level that previously served as strong support but has now turned into resistance. However, buyers have not yet gained enough strength to break through it. The main reason for the current decline is the final approval of tariffs on goods from Canada, Mexico, and China. If the correction continues and sellers manage to push through the $78,000 support level, we expect a further decline toward the 0.78 Fibonacci level and a retest of the support trendline in the $70,000–$75,000 range. Within the Imbalance 1W zone at $70,000–$73,000, there are significant gaps in horizontal trading volumes that need to be filled through consolidations. For BTC to resume its upward trend, the price needs to reclaim the 200 EMA and consolidate above the $95,000 resistance level. In this case, we expect further growth, with a retest of the psychological $100,000 level, a major resistance block at $105,000–$110,000, and a potential new all-time high. 📉 Bitcoin market global analysis. On the daily logarithmic chart, Bitcoin’s price has fallen back below the 200-day moving average. As a result, a candlestick pattern of bearish engulfing of the last upward move has formed. If the daily candle closes below the 200 EMA, this would indicate a continuation of the correction and a potential retest of the global support trendline. During Bitcoin’s rapid rally in November 2024, an Imbalance 1W zone formed in the $70,000–$75,000 range, featuring significant gaps in horizontal trading volumes that need to be filled through consolidations. This zone aligns with the 0.61–0.78 Fibonacci retracement levels. Once the correction is complete, Bitcoin’s next growth target could be the global trendline, drawn based on the two peaks of the previous growth cycle. A test of this trendline may occur around $120,000, as confirmed by the analysis of large order blocks in exchange order books. 💠 Analysis of liquidity zones and levels The Fear and Greed Index is in the extreme fear zone - 15. The total cryptocurrency market capitalization has dropped to $2.71 billion, and the Bitcoin Dominance Index has risen to 61.39. According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels: 🟢 Demand zone: 70,000 - 80,000 🔴 Supply zone: 100,000 - 120,000 Levels for long positions: 78,000 - large support block 72,000 - downward trend line of support 70,000 - large support block Levels for short positions: 100,000 - psychological resistance level 105,000 - large resistance block 110,000 - largest resistance block 120,000 - upward trend line of resistance 📊 Fundamental analysis The stock and crypto markets experienced a sharp decline after U.S. President Donald Trump threatened to impose a 25% tariff on all Canadian and Mexican goods. Yesterday, Trump officially approved new trade tariffs for Canada, Mexico, and China, causing another wave of sell-offs in the U.S. stock market. The Dow Jones Industrial Average and S&P 500 both fell by approximately 2% during the day. However, on March 2, 2025, a post appeared on TruthSocial, where Trump revealed details about the formation of a U.S. Bitcoin reserve. According to him, the initiative will not be limited to BTC but will also include several altcoins: ETH, XRP, SOL, and ADA. Experts anticipate that additional assets, such as LINK, ONDO, and Litecoin (LTC), may be added in the future. The administration plans to freeze the acquired cryptocurrencies for 20 years. Supporters of this initiative argue that over this period, Bitcoin’s price appreciation could help the U.S. pay off its national debt. Additionally, the White House is preparing to host its first major cryptocurrency summit on March 7, bringing together industry giants and political figures from Trump’s administration. However, critics argue that including altcoins in the crypto reserve raises concerns about potential insider trading by U.S. authorities. Moreover, there are currently not enough votes in Congress to pass these controversial laws. Bitcoin’s further growth will also depend on Federal Reserve monetary policy and U.S. regulatory decisions. If the government adopts a crypto-friendly stance, BTC’s price could rise. Otherwise, regulatory resistance may lead to a correction. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 7.03, 16:30 - US Cryptocurrency Summit at the White House. ➤ 07.03, 16:30 - U.S. Unemployment Rate (Jan). ➤ 10.03-14.03 - Senate Banking Committee to Vote on Stablecoin Bill. ➤ 12.03, 16:30 - U.S. Core Consumer Price Index (CPI). ➤ 19.03, 22:00 - New Fed Interest Rate Decision. ➤ 21.03 - SEC to hold first of five roundtables on cryptocurrency issues. 🚀 Statistics of signals from our AI trading indicator: 📈 In February 2025, the price of Bitcoin was in a sideways movement for a long time, then a sharp correction began. Our trading indicator gave 5 signals with the most profitable entry points and minimal risk. Thanks to the latest updates, all signals became profitable, and the built-in anti-flat protection prevented losses from manipulative market movements. - Total price movement for all signals for the month: + 35.92% - Maximum price movement for one signal: + 17.89% - Average price movement for signals: + 7.18% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
by TradeINEX
ANKR/USDT: Could a 25x Rally Be Coming?ANKR/USDT: Could a 25x Rally Be Coming? 🚀 SEED_DONKEYDAN_MARKET_CAP:ANKR is gaining volume, which could mean a big upward move is coming. Important Levels: ▪️ Buy Zone: $0.035 - $0.03 ▪️ Key Resistance: $0.05 (Breaking this could lead to a strong rally!) ▪️ Targets: $0.065 / $0.170 / $0.41 / $0.75 ▪️ Stop Loss: - Wider stop for bigger gains: $0.021 - Tighter stop: $0.03 Key Insight: If the price stays above $0.03, there’s potential for a massive 5x-25x rally. Keep an eye on the $0.03 support, as it’s crucial for stopping any bearish moves.
Long
by CryptoPatel
DYM/USDT Analysis: Strong Resistance Broken – What's Next?DYM/USDT Analysis: Strong Resistance Broken – What's Next? DYM is currently trading around $2.26 after a strong pump in the last few hours. To avoid FOMO (Fear of Missing Out), it's better to wait for the price to settle before entering. Key Resistance Level: The price is breaking through a strong resistance at $2.17. If this level turns into support, it could be a good sign. Best Entry Zone: Between $2.00 and $1.90. Targets: $3.36/$5.57/$8.10/$12.00 Stop Loss: Place it below $1.90. Always manage your risk and reward carefully and stick to your risk management plan. This is not financial advice, so do your own research before making any decisions.
Long
by CryptoPatel