Litecoin’s [LTC] price action has remained dormant for the last week as it didn’t move much, but the trend might change
price action has remained dormant for the last week as it didn’t move much. However, the trend can change as LTC broke above a bullish pattern.Litecoin prepares for a rallyrevealed that LTC’s price only moved marginally in the last seven days. At the time of writing, Litecoin was trading at $84.48 with a market capitalization of over $6.3 billion, making it the 20th largest crypto.AMBCrypto’s analysis of Santiment’s data revealed that LTC’s weighted sentiment remained in the negative zone.
As per our analysis, whale activity around the coin remained substantially high throughout the last week. Additionally, its MVRV ratio also increased, which was bullish.had a value of 46% at press time, meaning that the market was in a neutral phase. Whenever the metric reaches that level, it indicates that things might get volatile soon.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Litecoin stalls near $90 level: Will this group swoop in to save LTC?Small and big wallets have been accumulating Litecoin in the last 30 days, even with the price decline it has been experiencing.
Read more »
Cincinnati Bengals plan to spend up to $120 million to for improvements to Paycor StadiumCanada's construction news
Read more »
Solana $160 resistance rejected – Will SOL slide right down to $120?Solana showed signs of imminent losses after the rejection from the range highs, with the $122 support level being the next likely target.
Read more »
Polar Semiconductor set to gain US government grant of $120 millionExplore stories from Atlantic Canada.
Read more »
Singapore Builder Oxley Seeks Up to $120 Million Private LoanOxley Holdings Ltd, a cash-strapped property developer in Singapore, is seeking a private credit loan of $100 million to $120 million partly to help repay a Singapore dollar bond due next month, said people familiar with the matter.
Read more »
Assessing Litecoin’s next moves: Rise to $90 or fall to $80?Litecoin [LTC] bulls were somewhat reluctant to show their full might last week as the coin’s price didn’t move up exponentially.
Read more »