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Avalanche
#News
2 mins read
3 years ago

Avalanche price analysis: AVAX price retreats to $17.54 as bears take control

Binance halts Bitcoin withdrawals - What's going on?
#News
2 mins read
3 years ago

Binance’s venture capital thrives despite regulatory hurdles

Litecoin price analysis: After the intended bullish push, LTC retests the $91 resistance level The Litecoin price analysis is bullish. Resistance for LTC is present at $91. Support is present at the $88 level. Since the bulls are currently in control, the Litecoin price analysis is bullish today. Cryptocurrency has been able to fully recover from the severe losses it suffered on April 26, 2023. The price level has returned to $90.45 as bulls today demonstrated strong vigor. The price is getting close to the $91 resistance as the positive trend continues. Bulls, however, need power to push the price higher because selling pressure is also there at this level. LTC/USD 1-day price chart: Price rises in an effort to recoup The one-day price chart for Litecoin price analysis shows that things are moving smoothly in the direction of a recovery of the coin's value. Since the trend line has been moving up for the past week and the coin has gained nearly 4 percent in value during this time, the coin's value has significantly increased over the last few days. As the crypto pair is trading at $90.45 at the time of writing, additionally, it also reports a 1.19 percent rise in value over the previous 24 hours of price movement. The trading volume, on the other hand, has decreased by more than 29 percent over the past day, and the moving average (MA) is trading around $88 below the current price level. The SMA 20 is going lower than the SMA 50 curve as steep corrections have been observed in the past two weeks. The 1-day chart's volatility is likewise strong, suggesting that the bullish momentum may continue to build. The Bollinger bands show the upper band at $101, representing the resistance for the LTC price, while the lower band is present at $83, representing the strongest support for LTC/USD. With the continuous increase in price, the Relative Strength Index (RSI) also went up to index 49, which is quite impressive considering the heavy sell offs of the past few days. Litecoin price analysis: Recent developments and further technical analysis As the market displayed positive sentiment today, the 4-hour price chart for Litecoin price analysis is showing encouraging signs for the bulls. Bulls are pushing the bar higher after every drop according to the hourly trend, and the price is anticipated to cross the $91 resistance level, which is currently being tested. Currently, the price is under correction, but it is expected that bulls will make a comeback in the ensuing hours. The Bollinger bands are showing slow convergence on the four-hour chart, with the upper value lowering to $91.72 and the lower one resting at $87.12. The upper band is showing more convergence, which hints at selling pressure being higher above the $90 level. The RSI curve traveled down during the last correction, and now the score has slightly decreased to index 55, indicating selling pressure in the market. Litecoin price analysis conclusion The price levels throughout the past week have fluctuated at different times, but bulls have been able to hold onto their lead, according to the Litecoin price analysis presented above. The corrections that were seen during that period, nevertheless, were also necessary for the LTC to continue moving upward. Despite the bearish momentum, the LTC managed to overcome the $90 local resistance by gaining strength. There is a strong possibility that cryptocurrency may break above $91 in the following trading session if the current bullish trend continues, as we anticipate it will. Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
#Litecoin
2 mins read
3 years ago

Litecoin price analysis: After the intended bullish push, LTC retests the $91 resistance level

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling
#News
2 mins read
3 years ago

Argentina turns to Yuan for imports as dollar reserves decline

Russian Banks Accept Yuan Deposits Amid Low Demand for
#News
2 mins read
3 years ago

Russian banks are replacing the US dollar with Chinese Yuan

Tencent Cloud set to disrupt industry with deepfake creation tool
#News
2 mins read
3 years ago

Tencent Cloud set to disrupt industry with deepfake creation tool

What's behind ADA's current bullish momentum?
#News
2 mins read
3 years ago

Djed alliance takes stablecoin industry to new heights with latest deployment on Cardano sidechain

ChatGPT
#Regulation
2 mins read
3 years ago

OpenAI’s ChatGPT makes a comeback in Italy

First Republic bids
#News
2 mins read
3 years ago

FDIC demands final bids from JPMorgan and PNC for First Republic

Ethereum price analysis
#News
3 mins read
3 years ago

Ethereum Price Analysis: ETH Slowly Recovers Above $1,905, Bulls Aim for $2,000

crypto
#News
2 mins read
3 years ago

Crypto Creator calls out Netflix’s ‘Beef’ series for negative market depiction

Yuga Labs
#News
2 mins read
3 years ago

Yuga Labs announces the recruitment of a new CTO

Bitcoin price analysis
#News
2 mins read
3 years ago

Bitcoin Price Analysis: BTC Breaks Above $29,400, Further Upside Incoming?

Bitfarms
#News
2 mins read
3 years ago

Bitfarms announces expansion as hashrate touches new high

'Bitcoin Jesus' refuses to pay the $12m he owes Genesis
#News
2 mins read
3 years ago

Genesis enters mediation process with creditors for debt restructuring

Uniswap price analysis
#News
2 mins read
3 years ago

Uniswap price analysis: UNI races to $5.58 after bullish revival

Pollkadot price analysis
#News
2 mins read
3 years ago

Polkadot price analysis: DOT price inflates to $5.97 after a bullish impulse

Chainlink price analysis
#Chainlink
2 mins read
3 years ago

Chainlink price analysis: LINK/USD is bearish in the next 24 hours

Dogecoin
#Dogecoin
2 mins read
3 years ago

Dogecoin price analysis: DOGE hits $0.08076 as bullish momentum continues. 

Mastercard with Blockchain Giants to Launch Crypto Credentials for Reliable
#News
2 mins read
3 years ago

Mastercard with Blockchain Giants to Launch Crypto Credentials for Reliable Crypto Transactions

Pro Ripple attorney challenges SEC on crypto startups securities claims
#News
2 mins read
3 years ago

Pro-Ripple attorney challenges SEC on crypto startups’ securities claims

Aave price analysis: Price moving above $72 indicating a bullish trend
#News
2 mins read
3 years ago

Aave price analysis: Price moves above $72 indicating a bullish trend

SEC fines Coinme and charges defendants in UpToken case
#News
3 mins read
3 years ago

SEC fines Coinme and charges defendants in UpToken case

#Regulation
2 mins read
3 years ago

Crypto legislation to emerge in the US House within two months: Rep. Patrick McHenry

Binance strengthens position in Brazil as Latam Gateway earns Central Bank approval
#News
1 mins read
3 years ago

Venmo to introduce fiat-to-crypto payments in May

Shanghai Cooperation Organization Shifts from US Dollar to Member Currencies
#News
1 mins read
3 years ago

Shanghai Cooperation Organization shifts from US dollar dominance to member currencies

PancakeSwap price analysis: CAKE gains strength as the price approaches $2.74
#News
2 mins read
3 years ago

PancakeSwap price analysis: CAKE gains strength as the price approaches $2.74

SVB failure prompts Fed to rethink bank oversight policies
#News
2 mins read
3 years ago

SVB failure prompts Fed to rethink bank oversight policies

Uniswap price analysis
#News
2 mins read
3 years ago

Uniswap price analysis: UNI takes a downtrend at $5.51 after a bearish drift

ECB
#News
2 mins read
3 years ago

ECB faces uncertain future as economic data clouds the picture

Ray Dalio
#News
2 mins read
3 years ago

Ray Dalio has some interesting thoughts about U.S. and China

Chainlink price analysis
#Chainlink
2 mins read
3 years ago

Chainlink price analysis: LINK remains bearish as price slips to $7.04

Robinhood
#News
2 mins read
3 years ago

Everything you need to know about Robinhood Connect

UK Intellectual Property Office has published trademark classification
#News
2 mins read
3 years ago

UK IPO sets the standard for NFT trademark classification

FTX confirms plans to restart its Japanese exchange
#News
2 mins read
3 years ago

FTX’s Japanese exchange relaunch: What you need to know

#News
2 mins read
3 years ago

Robinhood reveals fiat-to-crypto on-ramp, competing with Coinbase Pay and MoonPay

Ethereum price analysis
#News
2 mins read
3 years ago

Ethereum price analysis: ETH devalues up to $1,888 after facing a loss again

Greenidge
#News
2 mins read
3 years ago

Greenidge mining forges strategic partnership with Core Scientific

Whales Show Mixed Reactions after Binance Launches Perpetual Futures Contracts for Blur Token
#News
2 mins read
3 years ago

Whales show mixed reactions after Binance launches perpetual futures contracts for Blur token

Avalanche price analysis: AVAX declines to $17.4
#News
3 mins read
3 years ago

Avalanche price analysis: AVAX declines to $17.4

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