Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target

An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new parallel channel” refers to a pattern from technical analysis (TA) that forms when the price of an asset consolidates… Continue reading Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target

Litecoin Whale Deposits 500,000 LTC To Binance: Price Decline To Extend?

On-chain data shows a Litecoin whale has made a huge deposit to the cryptocurrency exchange Binance in the past day, a sign that could be bearish for LTC’s price. Binance Has Just Received A Massive Litecoin Inflow According to data from the cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on… Continue reading Litecoin Whale Deposits 500,000 LTC To Binance: Price Decline To Extend?

XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the analytics firm Weighted Sentiment,” based on two other metrics: Sentiment Balance and Social Volume. The… Continue reading XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?

Litecoin In Uphill Battle: Strong Resistance Might Block Recovery

On-chain data suggests Litecoin potentially has a major amount of resistance waiting just ahead, making a recovery more difficult for LTC’s price. Litecoin Has A Large Supply Wall Waiting At Levels Just Ahead As pointed out by X user Trader Kamikaze using data from the market intelligence platform IntoTheBlock, a large amount of LTC investors… Continue reading Litecoin In Uphill Battle: Strong Resistance Might Block Recovery