Trending Topic: Litecoin Price Skyrocket By 29%


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Litecoin price analysis for today shows an improvement in stability after a period of bullish momentum. LTC is currently trading at $78.07, with resistance present at $79.49 and support at $76.01.

On-chain fundamentals may be part of the reason Litecoin (CRYPTO: LTC) saw a sharp price increase during the ongoing market downturn caused by the collapse of the major crypto exchange FTX. What Happened: Litecoin's current price of $78.21 is 34.64% higher than its value seven days ago, while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) lost value over the same length of time, according to CoinMarketCap data.

In the past week, Litecoin prices increased by more than 30%. Why is Litecoin price up?

Litecoin — one of the world's oldest cryptocurrencies — has seen over $1 billion worth of inflows while most of the crypto market was bleeding. Fundamentals help explain this discrepancy.

Litecoin has rallied up by more than 21% in the last 24 hours, and has overtaken Shiba Inu in terms of the market cap.

Litecoin (LTC) has made a surprise breakaway even as the greater crypto market struggles to make gains, pushing up fast since Nov. 22 and rising over 27% in the past 48 hours. The question is, does it have more bullish juice left or will the latest pump be followed by a sharp correction?

LTC's price shows strength as price bounces off from a weekly low of $50 to trend higher, giving bulls some relief.  LTC's price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors.

Litecoin (LTC/USD) has traded higher in the past one month, and added to the momentum with a double-digit gain on Wednesday to breach the $80 price level for the first time since May.

The price of Litecoin (LTC) surged on November 23, with LTC adding over $1 billion to its market capitalization in 24 hours.

Litecoin (LTC) price predictions are worth checking on today as investors take note of the crypto ahead of its next halving.

The FTX market turmoil has helped boost this 11-year-old token.

Litecoin has experienced a significant price surge on low timeframes and hints at a possible bullish continuation. The cryptocurrency is moving higher than more significant assets in the space, and it's making its way to the top 10 by market capitalization.

Litecoin has outperformed all other altcoins in the market gaining more than 37 percent on the weekly chart.

Litecoin has suddenly spiked to above $80 from about $60 with the crypto largely maintaining its gains as it trades at $78.

Litecoin is the surprise of this bear market, being one of the first coins to have a breakout and showing tremendous strength. Key Support levels: $73, $64 Key Resistance levels: $82, $95  After a long consolidation since June, Litecoin has broken above this ascending triangle (pictured) that took months to form.

The cryptocurrency market cap saw net inflows of $47.8 billion over the last 24 hours and currently stands at $829.3 billion, up 6.1% over the reporting period. The post CryptoSlate Daily wMarket Update – Nov. 22: Litecoin storms into top 10 displacing TRON appeared first on CryptoSlate.

Litecoin decoupled and is currently showing signs of more gains ahead of its third halving event. 

Bear market blues couldn't weigh down Litecoin price action for long as LTC charted over 25% daily gains on Nov. 23.  The post Litecoin Price Jumps Above $80 as Whales Buy $43.4 Million in LTC appeared first on BeInCrypto.

Following the FTX crash chapter, the Crypto market is back in green on November 23. Litecoin price rise of 29% draws a lot of eyeballs toward the crypto market.

LTC has gained over 43% this month, outperforming Bitcoin and leading the market despite FTX contagion.

Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity.

Data revealed by Santiment shows what likely drove LTC up 29%

Litecoin and Binance Coin have popped up as the biggest gainers today with double-digit price increases.

On Wednesday (23 November 2022), Litecoin is shocking a depressed crypto market — and delighting $LTC HODLers — by surging over 25% in the past 24-hour period. According to data by TradingView, the $LTC price started rallying when it was trading around $59.64 (at 12:35 p.m.

The crypto markets have switched to bullish after undergoing a massacre in recent times. The popular crypto faced rejection in its attempt to surpass the pivotal resistance at $73. Meanwhile, the fresh sell-off, which was led by the unfamous FTX collapse, compelled the LTC price to drop below the crucial support levels.

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