• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin demand

    Bitcoin demand: BTC approaches $70,000 amid increased adoption

    Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Kraken

    Kraken predict Bitcoin price next surge is to $90,000

    Litecoin price prediction LTC touches $250 as bulls push towards $300

    Litecoin price prediction: LTC touches $250 as bulls push towards $300

    ETH popularity on YouTube

    ETH popularity on YouTube exceeds that of Bitcoin

    Bitcoin Price Prediction BTC all set to conquer $65k next week

    Bitcoin Price Prediction: BTC all set to conquer $65k next week

    Ethereum Price Prediction 2021-04-10

    Ethereum price prediction: Ethereum breaks $2,140 resistance overnight, prepares to move higher

    Uniswap price prediction UNIUSD stuck at $30 as bullish momentum wanes

    Uniswap price prediction: UNI/USD stuck at $30 as bullish momentum wanes

    DOGE Price Prediction

    DOGE Price Prediction: Dogecoin showing signs of surging 10% upon crossing crucial price area

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin demand

    Bitcoin demand: BTC approaches $70,000 amid increased adoption

    Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Kraken

    Kraken predict Bitcoin price next surge is to $90,000

    Litecoin price prediction LTC touches $250 as bulls push towards $300

    Litecoin price prediction: LTC touches $250 as bulls push towards $300

    ETH popularity on YouTube

    ETH popularity on YouTube exceeds that of Bitcoin

    Bitcoin Price Prediction BTC all set to conquer $65k next week

    Bitcoin Price Prediction: BTC all set to conquer $65k next week

    Ethereum Price Prediction 2021-04-10

    Ethereum price prediction: Ethereum breaks $2,140 resistance overnight, prepares to move higher

    Uniswap price prediction UNIUSD stuck at $30 as bullish momentum wanes

    Uniswap price prediction: UNI/USD stuck at $30 as bullish momentum wanes

    DOGE Price Prediction

    DOGE Price Prediction: Dogecoin showing signs of surging 10% upon crossing crucial price area

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Litecoin News

Analysts conflicting on where the Litecoin LTC price is headed next

Richard Allen by Richard Allen
February 18, 2020
in Litecoin News
2 min read
Analysts conflicted on where the Litecoin LTC price is headed next
586
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

After the bloodshed seen across the market near the end of the weekend, Bitcoin and the altcoins have begun their recovery. While growing the least among the top 10s. Litecoin is still beginning its recovery, trudging its way back to $75.00. At the time of writing, the Litecoin LTC price is trading at $71.17, up 0.85 percent over the last 24 hours.

Analysts conflicting on where the Litecoin LTC price is headed next 1Litecoin LTC price chart by Trading View

With the markets taking a beating over the weekend, Litecoin took the brunt of the losses as it collapsed almost 20 percent (19.65 percent). However, LTC managed to stop its descent before falling victim to further losses. As such, many analysts remain optimistic about the sixth largest altcoin’s prospects. 

RelatedPosts

Litecoin price prediction: LTC touches $250 as bulls push towards $300

Litecoin price prediction: LTC grinds to $300 as bulls hold onto $230 zone

Litecoin price prediction: Litecoin fails to break above $245 all-time high, set to retrace today?

Litecoin price prediction: Litecoin retests $200, prepares to move higher

What’s in store for the Litecoin LTC price?

As per analyst LCFXpro, the Litecoin LTC price remains in a bullish structure sitting above $65.50 mark, forming the recent support and resistance levels. He warns of a low-test candle before making placing any long trades.

On the contrary, analyst Alex_Clay suggests the Litecoin LTC price has as completed two targets on an upward wave. Now the price is forming a bearish flag, and if it fails to hold on to its support level, its first target would be around $69.78.

If it fails to hold here it could drop to around $67.31. If it fails to find support here, the next level would likely be $64.91. If it again fails to find support, we could see the Litecoin LTC price touching $62.87. 

Charlie Lee criticizes Decentralized Finance

Recently, Litecoin founder Charlie Lee criticized Decentralized Finance (DeFi) for being “just decentralization theater.” However, not everybody agreed with Lee’s comments. Some argued that Lee was just looking for an opportunity to criticize a new cryptocurrency capitalizing on an opportunity Litecoin missed. Others were quick to criticize Litecoin. 

This is why I don't believe in DeFi. It's the worst of both worlds. Most DeFi can be shut down by a centralized party, so it's just decentralization theatre. And yet no one can undo a hack or exploit unless we add more centralization.

So how is this better than what we have now? https://t.co/F1HMSeqb6q

— Charlie Lee [LTC⚡] (@SatoshiLite) February 16, 2020

At least it's not useless as LTC

— Khlilo (@Khlilo98) February 16, 2020

Lee’s comments come as a result of the recent controversy surrounding the decentralized lending platform, Fulcrum. The firm was forced to freeze its contrast after an exploit resulted in a portion of the decentralized apps (dApps) Ethereum being lost. 

Featured image by Pixabay

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.

Richard Allen

Richard Allen

Richard specializes in writing about cryptocurrencies globally, as well as other financial and economic articles, covering various geographical locations and markets. He leverages his experience in financial issues management to advise clients on the relevance of media coverage in relevant markets. He holds a BCom degree in marketing.

Related Posts

Litecoin price prediction LTC touches $250 as bulls push towards $300
Litecoin News

Litecoin price prediction: LTC touches $250 as bulls push towards $300

April 10, 2021
Litecoin price prediction LTC grinds to $300 as bulls hold onto $230 zone
Litecoin News

Litecoin price prediction: LTC grinds to $300 as bulls hold onto $230 zone

April 9, 2021
Litecoin Price Prediction 2021-04-07
Litecoin News

Litecoin price prediction: Litecoin fails to break above $245 all-time high, set to retrace today?

April 7, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Latest News

Bitcoin demand

Bitcoin demand: BTC approaches $70,000 amid increased adoption

April 11, 2021
xlm price predictions

Stellar Lumens XLM Price Prediction 2021- 2025

April 11, 2021
Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

April 10, 2021
Kraken

Kraken predict Bitcoin price next surge is to $90,000

April 10, 2021
Litecoin price prediction LTC touches $250 as bulls push towards $300

Litecoin price prediction: LTC touches $250 as bulls push towards $300

April 10, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 2

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.