Litecoin

Litecoin rose by 2.92% on Wednesday. Following on from a 1.09% gain on Tuesday, Litecoin ended the day at $41.88.

A bearish start to the day saw Litecoin fall to an early morning intraday low $40.33 before making a move.

Steering clear of the first major support level at $40.10, Litecoin rallied to a late afternoon intraday high $42.38.

Litecoin broke through the first major resistance level at $41.35 and the second major resistance level at $42.00.

A late pullback saw Litecoin fall back through the second major resistance level to wrap up the day at sub-$42.00.

At the time of writing, Litecoin was down by 0.17% to $41.81. A mixed start to the day saw Litecoin fall to an early morning low $41.65 before striking a high $42.30.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move back through to $42 levels to support a run the first major resistance level at $42.73.

Support from the broader market would be needed, however, for Litecoin to breakout out from Wednesdays high $42.38.

Barring an extended crypto rally, the first major resistance level at $42.73 would likely limit any upside on the day.

Failure to move back through to $42 levels could see Litecoin fall deeper into the red.

A fall through to sub-$41.50 levels would bring the first major support level at $40.68 into play.

Barring a broad-based crypto sell-off, however, Litecoin should steer clear of the second major support level at $39.48.

Major Support Level: $40.68

Major Resistance Level: $42.73

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rallied by 7.88% on Wednesday. Following on from a 1.52% gain on Tuesday, Stellars Lumen ended the day at $0.05490.

Bullish throughout the day, Stellars Lumen rallied from an early morning intraday low $0.050892 to an early afternoon intraday high $0.05497.

Stellars Lumen broke through the first major resistance level at $0.05209 and the second major resistance level at $0.05316.

In spite of a brief pullback to sub-$0.054 levels, Stellars Lumen held above the second major resistance level before breaking back through to $0.054 levels.

At the time of writing, Stellars Lumen was up by 2.91% to $0.056497. A bullish start to the day saw Stellars Lumen rally from an early morning low $0.05500 to a high $0.057648.

Stellars Lumen broke through the first major resistance level at $0.05628 to test the second major resistance level at $0.05767.

Story continues

Stellars Lumen would need to hold above the first major resistance level at $0.05628 to take a run at the second major resistance level at $0.05767.

Support from the broader market would be needed, however, for Stellars Lumen to breakout from the morning high $0.057648.

Barring a broad-based crypto rebound, the second major resistance level would likely limit any upside on the day.

Failure to hold above the first major resistance level could see Stellars Lumen hit reverse.

A fall back through to sub-$0.05360 levels would bring the first major support level at $0.05220 into play.

Barring a broad-based crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.050 levels.

Major Support Level: $0.05220

Major Resistance Level: $0.05628

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rose by 3.92% on Wednesday. Following on from a 0.84% gain on Tuesday, Trons TRX ended the day at $0.012991.

A bearish start to the day saw Trons TRX fall to an early morning intraday low $0.012462 before making a move.

Steering clear of the first major support level at $0.01233, Trons TRX rallied to a late afternoon intraday high $0.013129.

Trons TRX broke through the first major resistance level at $0.01270 and the second major resistance level at $0.01289.

In spite of a late pullback, Trons TRX held above the second major resistance level until the day end.

At the time of writing, Trons TRX was up by 1.38% to $0.013170. A mixed start to the day saw Trons TRX fall to an early morning low $0.012976 before striking a high $0.013170.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to avoid sub-$0.01290 levels to support a run at the first major resistance level at $0.01326.

Support from the broader market would be needed, however, for Trons TRX to break through to $0.01320 levels.

Barring an extended crypto rally, the first major resistance level at $0.01326 would likely limit any upside.

Failure to avoid sub-$0.01290 levels could see Trons TRX struggle later in the day.

A fall back through to sub-$0.01290 levels would bring the first major support level at $0.01259 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of sub-$0.012 levels. The second major support level at $0.01219 should limit any downside.

Major Support Level: $0.01259

Major Resistance Level: $0.01326

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

See the original post here:

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 23/04/20 - Yahoo Finance

Litecoin

Litecoin slid by 4.80% on Monday. Following on from a 4.39% slide on Sunday, Litecoin ended the day at $40.27.

A bullish start to the day saw Litecoin rise to an early morning intraday high $43.33 before hitting reverse.

Falling short of the first major resistance level at $43.93, Litecoin tumbled to a late intraday low $39.53.

Litecoin fell through the first major support level at $41.10 and the second major support level at $39.91.

Finding late support from the broader market, Litecoin broke back through the second major support level to wrap up the day at $40 levels.

At the time of writing, Litecoin was up by 0.20% to $40.35. A mixed start to the day saw Litecoin rise from an early morning low $40.15 to a high $40.90.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move back through to $41 levels to support a run at the first major resistance level at $42.56.

Support from the broader market would be needed, however, for Litecoin to breakout out from the morning high $40.90.

Barring an extended crypto rally, resistance at $41 would likely leave Litecoin short of the first major resistance level at $42.56.

Failure to move through to $41 levels could see Litecoin struggle later in the day.

A fall through the morning low $40.15 would bring the first major support level at $38.76 into play.

Barring a broad-based crypto sell-off, however, Litecoin should steer clear of sub-$39 levels.

Major Support Level: $38.76

Major Resistance Level: $42.56

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rose by 0.94% on Monday. Reversing a 3.28% fall from Sunday, Stellars Lumen ended the day at $0.049483.

A bullish start to the day saw Stellars Lumen rise to a mid-morning high $0.052323 before falling back to $0.050 levels.

Stellars Lumen broke through the first major resistance level at $0.05025 and the second major resistance level at $0.05148.

Recovering from $0.50 levels, Stellars Lumen rallied to a late afternoon intraday high $0.053109 before sliding back.

Stellars Lumen broke through the second major resistance level at $0.05148 before tumbling to a late intraday low $0.048749.

While falling back through the major resistance levels, Stellars Lumen steered clear of the first major support level at $0.04822.

Finding late support, Stellars Lumen broke back through the first major resistance level before easing back to sub-$0.050.

At the time of writing, Stellars Lumen was up by 0.49% to $0.049723. A mixed start to the day saw Stellars Lumen rise to an early morning high $0.050722 before falling back to a low $0.049723.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move back through to $0.050 levels to support a run at the first major resistance level at $0.05162.

Support from the broader market would be needed, however, for Stellars Lumen to breakout from the morning high $0.050722.

Barring a broad-based crypto rebound, resistance at $0.051 would likely leave Stellars Lumen short of the first major resistance level.

Failure to move through to $0.050 levels could see Stellars Lumen hit reverse.

A fall through to sub-$0.04950 levels would bring the first major support level at $0.04805 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.048 support levels.

Major Support Level: $0.04805

Major Resistance Level: $0.05162

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX slid by 3.38% on Monday. Reversing a 3.42% fall from Sunday, Trons TRX ended the day at $0.012477.

A bullish start to the day saw Trons TRX rise to an early morning intraday high $0.013180 before hitting reverse.

Falling short of the first major resistance level at $0.01333, Trons TRX tumbled to a late intraday low $0.012231.

Trons TRX fell through the first major support level at $0.01272 and the second major support level at $0.01246.

Finding late support, Trons TRX broke back through the second major support level to wrap up the day at $0.01247 levels.

At the time of writing, Trons TRX was down by 0.13% to $0.012451. It was a mixed start to the day. Trons TRX rose from an early morning low $0.012408 to a high $0.012611 before easing back.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move through to $0.01265 levels to support a run at the first major resistance level at $0.01303.

Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.012611.

Barring a crypto rally, the first major resistance level at $0.01303 would likely limit any upside.

Failure to move through to $0.01265 could see Trons TRX see red for a 3rd consecutive day.

A fall back through the morning low $0.012408 would bring the first major support level at $0.01208 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of the second major support level at $0.01168.

Major Support Level: $0.01208

Major Resistance Level: $0.01358

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

Continued here:

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 21/04/20 - Yahoo Finance

Litecoin 4 Hour Price Update

Updated April 25, 2020 07:18 AM GMT (03:18 AM EST)

Litecoin closed the last 4 hour candle up 1.03% ($0.46); this denotes the 2nd candle in a row it has gone up. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin came into today up 3.58% ($1.54) from the open of the day prior, marking the 4th day in a row an increase has occurred. As for how volume fared, yesterdays volume was up 19.63% from the previous day (Thursday), and up 114.76% from Friday of the week before. On a relative basis, the day prior was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class The daily price chart of Litecoin below illustrates.

Notably, Litecoin is now close to its 20 day averages, located at 42.68 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Traders will also want to note, though, that a counter trend meaning a trend going up can be seen on the 30 day timeframe. If youre looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. For additional context, note that price has gone up 7 out of the past 14 days.

Behold! Here are the top tweets related to Litecoin:

Fundamentals & long term strategy are more important than a price.#Litecoins fundamentals & strategy are like a garden. Most of what happens, happens out of sight.If you need to constantly complain about what you cannot see before it is ready, you dont know how to garden.

In March #quickbit generated most trx in the on #Litecoin (LTC) network 2nd time in QB history. Why LTC? Speedy confirmations & trx coupled with lower costs allowing high velocity volumes. The for @Quantoz, the #blockchain tech and our partner in achieving this is real

@MASTERBTCLTC @CashApp @CashSupport @johnkim77 @AltcoinDailyio @SatoshiLite @LTCFoundation @Benaskren @jonnylitecoin @aantonop @TheCryptoZombie @jack Everyone should add Litecoin to everything. Its on every exchange, actually USED as a currency. Im more concerned about why it wasnt put on there by default?

As for a news story related to Litecoin getting some buzz:

Litecoin Movie We Summon the Darkness Crypto Berita

Crypto Berita Informasi Currency Cash Market Bitcoin Blockchain Uang Digital Litecoin Movie We Summon the Darkness diprakarsai oleh Foundation LTC.Movie We Summon the Darkness membuktikan Litecoin mampu merambah dunia produser movie atau film cinema.

Read more:

Litecoin (LTC) Up $0.46 in Last 4 Hours, Outperforms All Top Cryptos to Start the Day; Entered Today Up For the 4th Day In A Row - CFDTrading

Today, the Director of the Litecoin Foundation and CEO ofCoinut exchange Xinxi Wang advises the crypto users by sharing his views on Twitter saying the whole crypto market capitalization is now built on sands, by sands he is pointing towards the USDT.

He further states that USDT is just like Heroin, and there is no other method for the Tether to stop minting. Moreover, the US will not let to increase it forever and will pull it down and till then, the whole market cap will crash.

This statement generated by Wang seems that if USDT is dragged down, it will affect the entire market cap to crash.

The market will witness crash

Tether (USDT) is a dollar-pegged token, which means 2.2 billion USDT is actually equivalent to 2.2 billion USD. The token can be freely exchanged to USD and its market cap is completely different from all other tokens.

Some of the crypto advocates state that believing in Tether is similar to believing in US dollars. In crypto ecosystem, the Tether is valued like a real dollar. In order to mint more USDT could be unsafe if Tether Limited does not hold the corresponding amount of USD in its bank.

Thus, it is assumed that the valued cryptocurrency USDT is just like a ticking bomb on the crypto market where if the USD is pulled out then the entire crypto market will be shattered.

Original post:

Litecoin Foundation Co Founder Pointed Out USDT Could Shake The Crypto Market - The Coin Republic

According to an analysis of Telegram crypto chat group numbers posted on Twitter, Litecoin and Ripple are among the biggest losers of users since June 2018.

Part of the reason these coins were hit so hard might be because both lean on the same "it's valuable because we agree it's valuable" narrative as Bitcoin, but they don't have the same price performance to back it up.

XRP was about 60 cents in mid June 2018. Today it's under 20 cents.

Litecoin was dropping from $120 to $80 in June 2018, and today it's about $40.

Bitcoin, by contrast, was bopping around $6,000 to $7,000 in June 2018, and it's still about the same, or slightly higher, these days.

The Bitcoin and altcoin markets tend to mirror each other on a day to day basis, but when you look at the long term they can end up in very different places.

Litecoin, despite its "silver to Bitcoin's gold" schtick, doesn't really capture any value proposition that Bitcoin doesn't already offer. It simply offers the exact same thing, except with substantially less likelihood of success and worse historical performance.

Price performance is pretty much the only thing that matters for these kinds of coins, and it's a metric that can't be convincingly faked for extended periods of time.

These days volunteer Litecoin developers are working to implement confidential transactions into LTC, to give it a level of privacy and fungibility that Bitcoin lacks.

On the one hand this would, if it ever happens, give something to set Litecoin part from Bitcoin. On the other hand Litecoin's market cap already looks to be about as big as that of every major privacy coin combined, so it probably doesn't pay to expect too much from confidential transactions in Litecoin.

Ripple is perhaps in even more dire straits, because it was actually trying to run a business and create a working product, but at the end of the day its product is not being used. After more than half a decade of trying to sell the idea of XRP Ledger to financial services with no clear success, you eventually have to eventually concede that it's missing the mark.

What financial institutions and other businesses want from blockchain is considerably more complex than what Ripple can provide, and it's quite clear that if Ripple was going to take off, it would have happened by now.

In the absence of customers, Ripple's big revenue generator is dumping XRP on its community, who has been increasingly unhappy with the arrangement, and realising that the entire thing smells a lot like a MLM scheme; a company manufactures the product (XRP) and then sells it to affiliates. The affiliates then set about evangelising the product and trying to profitably sell it onwards at a higher price.

It almost certainly started with the best of intentions, but right now that vision of future adoption is just about all that separates Ripple from being a multi-level marketing scheme.

And as the shrinking base of XRP supporters suggests, it's a an increasingly thin line.

Whether XRP suddenly implodes one day, or just gradually deteriorates into irrelevancy, probably depends on whether an external factor can hit it before the internal ones.

Disclosure: The author holds BNB, BTC at the time of writing.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Picture: Shutterstock

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Litecoin, Ripple among coins that have lost the most supporters - finder.com.au

Litecoin

Litecoin rose by 0.33% on Wednesday. Following on from a 0.41% gain on Tuesday, Litecoin ended the day at $39.33.

A bearish start to the day saw Litecoin slide to a late afternoon intraday low $37.17.

Litecoin fell through the first major support level at $38.55 and the second major support level at $37.95.

Finding support from the broader market, Litecoin rallied to a final hour intraday high $39.50.

While breaking back through the major support levels, the first major resistance level at $39.58 pinned Litecoin back late on.

At the time of writing, Litecoin was up by 0.74% to $39.62. A bullish start to the day saw Litecoin rise from an early morning low $39.12 to a high $39.93 before easing back.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to steer clear of sub-$39 levels to support another run the first major resistance level at $40.16

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $39.93.

Barring an extended crypto rally, the first major resistance would likely pin Litecoin back on the day.

Failure to avoid sub-$39 levels could see Litecoin slide back into the red.

A fall back through to sub-$38.70 levels would bring the first major support level at $37.83 into play.

Barring a crypto sell-off, however, Litecoin should steer clear of sub-$37 support levels.

Major Support Level: $37.83

Major Resistance Level: $40.16

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rose by 1.40% on Wednesday. Following on from a 1.90% gain on Tuesday, Stellars Lumen ended the day at $0.041073.

Tracking the broader market, Stellars Lumen fell to a late afternoon intraday low $0.039138 before finding support.

The sell-off saw Stellars Lumen fall through the first major support level at $0.04016 and second major support level at $0.03940.

A late rebound saw Stellars Lumen rally to a final hour intraday high $0.041140.

While breaking back through the support levels, Stellars Lumen fell short of the first major resistance level at $0.04150.

At the time of writing, Stellars Lumen was down by 0.86% to $0.040718. A mixed start to the day saw Stellars Lumen rise to an early morning high $0.041474 before falling to a low $0.040718.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move back through the morning high $0.041474 to support a run at the first major resistance level at $0.041760.

Support from the broader market would be needed, however, for Stellars Lumen to break through to $0.04150 levels.

Barring a late morning rebound, resistance at $0.04150 would likely leave Stellars Lumen short of the first major resistance level.

Failure to move back through to $0.04140 levels could see Stellars Lumen struggle throughout the day.

A fall back through to sub-$0.04050 levels would bring the first major support level at $0.03976 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.039 support levels.

Major Support Level: $0.03976

Major Resistance Level: $0.04176

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rose by 0.36% on Wednesday. Following on from a 1.08% gain on Tuesday, Trons TRX ended the day at $0.011642.

Bearish through most of the day, Trons TRX fell to a late afternoon intraday low $0.011161.

Trons TRX slid through the first major support level at $0.01148 and the second major support level at $0.01132.

Finding support late on, Trons TRX broke back through the major support levels to strike an intraday high $0.011688.

In spite of the breakout, Trons TRX fell short of the first major resistance level at $0.01179 on the day.

At the time of writing, Trons TRX was down by 0.05% to $0.011636. It has been a mixed start to the day. Trons TRX rose to an early morning high $0.011783 before falling to a low $0.011590.

Trons TRX left the major support and resistance levels untested.

Trons TRX would need to move back through to $0.01170 levels to bring the first major resistance level at $0.01183 into play.

Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.011783.

Barring a broad-based crypto rally, the first major resistance at $0.01183 would likely cap any upside.

Failure to move back through to $0.01170 levels could see Trons TRX fall deeper into the red.

A fall through to sub-$0.01150 levels would bring the first major support level at $0.01131 into play.

Barring an extended crypto sell-off, however, Trons TRX should continue to steer clear of sub-0.011 levels.

Major Support Level: $0.01131

Major Resistance Level: $0.01183

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

View original post here:

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 02/04/20 - Yahoo Finance

Litecoin has proven to be one of the most stable cryptocurrencies during the recent chaos and volatility of the past month.

After falling to as low as $25 on 13th March Litecoin bounced back significantly, with it now consolidating just below the $40 level of resistance.

A breakout above $40 would indicate an upcoming 20% rally to the upside with $48 becoming a potential target to the upside.

However, with the market seemingly in a downtrend whats more likely is another sell off that would take Litecoin back to test the $27 level of support.

Litecoin is one of the most well-known cryptocurrencies having been created back in 2013 when it was worth less than $3.

It has, like most cryptocurrencies, endured a turbulent existence with a series of bull and bear markets taking it to new all-time highs and lows.

The most momentous year for Litecoin was 2017 as it sensationally rallied from around $4 to more than $415, marking a staggering 10,000% return within the space of a year.

Since then Litecoin has struggled to sustain a comparable amount of momentum, falling short in its pursuit for a new all time high in 2019, as it failed to break above $150.

Several analysts have suggested that Litecoin could take many by surprise over the next 12 months as it reacts intuitively to Bitcoins halving event in May, which has historically been bullish for all cryptocurrencies.

As block rewards are halved miners need to ensure that overheads are met, which can only be done if the price doubles from what it was pre-halving.

For more news, guides and cryptocurrency analysis, clickhere.

Recently, the Magical Crypto Friends show which is available onYouTubeand features Litecoin founder Charlie Lee discussed the Litecoin Summit 2019.

The show covered the most important discussions in the community. From Litecoin acting as a store of value to new development updates.

Lee confirmed that the project was working on privacy improvements as well. The Litecoin development team is working with the Mimblewimble protocol, specifically the developers behind Grim, with a view to potentially adding the privacy protocol as an extension block.

According to Lee, it would work as follows: Were working with the Grim++ developers to add an implementation of Mimblewimble. It adds an extension block to the Litecoin main-chain. You can transact between chains to use enhanced privacy.

The goal would be to give Litecoin users improved privacy features when transacting.

Litecoin was released in October 2011 by Charlie Lee, a former Google employee. It is a fork of Bitcoin, with the main difference being a smaller block generation time. The protocol also increased the maximum number of coins and implemented a different script-based algorithm.

Litecoin is one of the leading cryptocurrencies and is one of thetop 10 cryptocurrenciesby market capitalisation.

If you want to find out more information about LTC orcryptocurrenciesin general, then use the search box at the top of this page. Heres an article to get you started:

https://coinrivet.com/litecoin-becomes-official-cryptocurrency-of-the-miami-dolphins/

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

You may be interested in our range ofcryptocurrency guidesalong with the latest cryptocurrencynews.

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Latest Litecoin price and analysis (LTC to USD) - Coin Rivet

Litecoin

Litecoin rose by 0.41% on Tuesday. Following on from a 5.09% rally on Monday, Litecoin ended the day at $39.15.

A bearish month saw Litecoin slide by 32.58%. The sell-off reversed gains from early in the year to end the quarter down by 4.72%.

A mixed start to the day saw Litecoin rise to an early morning intraday high $39.41 before hitting reverse.

Falling short of the first major resistance level at $40.15, Litecoin slid to an early morning intraday low $38.38.

Steering clear of the first major support level at $37.46, Litecoin recovered to $39 levels late in the day.

At the time of writing, Litecoin was down by 0.77% to $38.85. A bearish start to the day saw Litecoin slide from an early morning high $39.25 to a low $38.45.

Falling short of the major resistance levels, Litecoin tested the first major support level at $38.55 early on.

Litecoin would need to move back through to $39 levels to support another run the first major resistance level at $39.58.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $39.25.

Barring a broad-based crypto rebound, the first major resistance would likely pin Litecoin back from $40 levels.

Failure to move back through to $39 levels could see Litecoin fall deeper into the red.

A fall back through the first major support level at $38.55 would bring the second major support level at $37.95 into play.

Barring a crypto sell-off, however, Litecoin should steer clear of sub-$37 support levels.

Major Support Level: $38.55

Major Resistance Level: $39.58

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rose by 1.90% on Tuesday. Following on from a 6.03% rally on Monday, Stellars Lumen ended the day at $0.040911.

A bearish month saw Stellars Lumen slide by 28.53%. The sell-off reversed gains from early in the year to end the quarter down by 9.36%.

Choppy through the morning, Stellars Lumen fell to a late morning intraday low $0.039987 before finding support.

Steering clear of the first major support level at $0.03828, Stellars Lumen rallied to a late intraday high $0.041330.

Falling short of the first major resistance level at $0.04151, Stellars Lumen eased back to sub-$0.041 levels.

At the time of writing, Stellars Lumen was down by 1.97% to $0.040104. A bearish start to the day saw Stellars Lumen fall from an early morning high $0.040504 to a low $0.039955.

Falling short of the major resistance levels, Stellars Lumen fell through the first major support level at $0.04016.

Story continues

Stellars Lumen would need to move back through to $0.04070 levels to support a run at the first major resistance level at $0.04150.

Support from the broader market would be needed, however, for Stellars Lumen to break out from Mondays high $0.041331.

Barring a broad-based crypto rebound, resistance at $0.041 would likely leave Stellars Lumen short of the first major resistance level.

Failure to move back through to $0.04070 levels could see Stellars Lumen struggle throughout the day.

A fall back through to sub-$0.040 levels would bring the second major support level at $0.03940 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.039 support levels.

Major Support Level: $0.04016

Major Resistance Level: $0.04150

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rose by 1.08% on Tuesday. Following on from a 7.55% rally on Monday, Trons TRX ended the day at $0.011643.

A mixed start to the day saw Trons TRX rise to an early morning high $0.011669 before hitting reverse.

Falling short of the first major resistance level at $0.01202, Trons TRX fell to a mid-morning intraday low $0.011414.

Steering clear of the first major support level at $0.01083, Trons TRX rallied to a late intraday high $0.011738.

Trons TRX fell short of the first major resistance level at $0.01202 before easing back to sub-0.0117 levels.

At the time of writing, Trons TRX was down by 0.76% to $0.011554. A mixed start to the day saw Trons TRX fall to an early morning low $0.011490 before striking a high $0.011602.

Steering clear of the major resistance levels, Trons TRX tested the first major support level at $0.01148 early on.

Trons TRX would need to move back through to $0.01163 levels to bring the first major resistance level at $0.01179 into play.

Support from the broader market would be needed, however, for Trons TRX to break out from Tuesdays high $0.011771.

Barring a broad-based crypto rebound, the first major resistance at $0.01179 would likely cap any upside.

Failure to move back through to $0.01163 levels could see Trons TRX fall deeper into the red.

A fall through the first major support level at $0.01148 would bring the second major support level at $0.01132 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of the third major support level at $0.01101.

Major Support Level: $0.01148

Major Resistance Level: $0.01179

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 01/04/20 - Yahoo Finance

Litecoin

Litecoin rallied by 5.09% on Monday. Reversing a 4.68% slide from Sunday, Litecoin ended the day at $38.99.

It was a bullish start to the week. Litecoin rallied from an early morning intraday low $37.10 to a late intraday high $39.79.

Litecoin broke through the first major resistance level at $38.53 to revisit $39 levels before a late pullback.

The second major resistance level at $39.95 limited the upside on the day.

At the time of writing, Litecoin was down by 0.8% to $38.68. A mixed start to the day saw Litecoin rise to an early morning high $39.41 before falling to a low $38.38.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move back through to $39 levels to support another run the first major resistance level at $40.15.

Support from the broader market would be needed, however, for Litecoin to break out from Mondays high $39.79.

Barring an extended crypto rally, the first major resistance at $40.15 would likely limit any upside on the day.

Failure to move back through to $39 levels could see Litecoin fall deeper into the red.

A fall back through to sub-$38.60 levels would bring the first major support level at $37.46 into play.

Barring a crypto sell-off, however, Litecoin should steer clear of the second major support level at $35.94.

Major Support Level: $37.46

Major Resistance Level: $40.15

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rallied by 6.03% on Monday. Reversing a 5.62% slide from Sunday, Stellars Lumen ended the day at $0.040118.

Tracking the broader market, Stellars Lumen rallied from an early morning intraday low $0.037837 to a late intraday high $0.041070.

Stellars Lumen broke through the first major resistance level at $0.03947 to come up against the second major resistance level at $0.04113.

In spite of a late pullback, Stellars Lumen avoided a return to sub-$0.040 levels.

At the time of writing, Stellars Lumen was up by 0.71% to $0.040404. A mixed start to the day saw Stellars Lumen rise from an early morning low $0.040148 to a high $0.040622.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move back through the morning high $0.040622 to support a run at the first major resistance level at $0.04151.

Support from the broader market would be needed, however, for Stellars Lumen to break out from Mondays high $0.041070.

Barring an extended crypto rally, the first major resistance level would likely limit any upside.

Failure to move back through the morning high $0.040622 could see Stellars Lumen hit reverse.

A fall back through to sub-$0.040 levels would bring the first major support level at $0.03828 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of the second major support level at $0.03644.

Major Support Level: $0.03828

Major Resistance Level: $0.04151

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rallied by 7.55% on Monday. Reversing a 6.08% slide from Sunday, Trons TRX ended the day at $0.011508.

Bullish throughout the day, Trons TRX rallied from an early morning intraday low $0.010672 to a late intraday high $0.011861.

Trons TRX broke through the first major resistance level at $0.01118 and the second major resistance level at $0.01164.

Falling short of $0.012 levels, Trons TRX fell back through the second major resistance level late in the day.

At the time of writing, Trons TRX was down by 0.81% to $0.011415. A mixed start to the day saw Trons TRX rise to an early morning high $0.011669 before falling to a low $0.011415.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move back through the morning high $0.011669 to bring the first major resistance level at $0.01202 into play.

Support from the broader market would be needed, however, for Trons TRX to break out from Mondays high $0.011861.

Barring an extended crypto rally, the first major resistance at $0.01202 would likely cap any upside.

Failure to move back through the morning high $0.011669 could see Trons TRX fall deeper into the red.

A fall through to sub-$0.01135 levels would bring the first major support level at $0.01083 into play.

Barring another crypto meltdown, however, Trons TRX should steer clear of the second major support level at $0.01016.

Major Support Level: $0.01083

Major Resistance Level: $0.01202

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 31/03/20 - Yahoo Finance

Litecoin LTC price has followed the track of the king coin Bitcoin for quite a long while. So when the Bitcoin fell, Litecoins price fell on 12th March. It managed to recover some of the losses, but since then, its price seems to be moving sideways.

At the time of writing, Litecoin had a value of $39.69 and had a market cap of $2.5 billion. The currency has had a price increase of 0.5 percent in the last 24 hours.

The $36 and $34 marks are two crucial supports for Litecoin LTC price at this time. The probability of its price falling in the coming days seems very low. Having said that, if the bullish pattern remains, then the coin could face a resistance level at $51.

At the time of writing, the RSI indicator seemed to follow a bullish pattern; meanwhile, the MACD indicator had just experienced a bearish crossover. The huge discrepancy between the two may indicate a reversal.

Things seem good for Litecoin as its correlation to BTC keeps on increasing. In the last week, the correlation jumped from 0.74 to 0.88.

The indicators seem to suggest that Litecoins price will likely take a fall to $36 in the coming days. If this happens, LTC may lose up to 7 percent of its value in the next few days.

Having said that, another possibility exists where LTC moves towards the $50 mark; if that happens, Litecoin will recover all of its losses, including the ones it incurred on 12t Match.

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.

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Litecoin LTC price to see correction before rally? - Cryptopolitan

Litecoin

Litecoin slid by 4.68% on Sunday. Reversing a 1.94% gain from Saturday, Litecoin ended the week up by 4.71% to $37.11.

It was a bearish end to the week. Litecoin slid from an early morning intraday high $39.19 to a late intraday low $37.01.

Falling short of the major resistance levels, Litecoin fell through the first major support level at $37.15.

While finding support late in the day, the first major support level pinned Litecoin back.

At the time of writing, Litecoin was up by 2.78% to $38.14. A bullish start to the day saw Litecoin rise from an early morning low $37.10 to a high $38.28.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to avoid sub-$37.80 levels to support another run the first major resistance level at $38.53.

Support from the broader market would be needed, however, for Litecoin to break out from the morning high $38.28.

Barring an extended crypto rally, the first major resistance at $38.53 would likely pin Litecoin back from $39 levels.

Failure to avoid sub-$37.80 levels could see Litecoin hit reverse.

A fall back through the morning low $37.10 would bring the first major support level at $36.35 into play.

Barring a crypto sell-off, however, Litecoin should steer clear of the second major support level at $35.59.

Major Support Level: $36.35

Major Resistance Level: $38.53

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen slid by 5.62% on Sunday. Following on from a 0.52% decline on Saturday, Stellars Lumen end the week up by 3.67% to $0.037807.

Tracking the broader market, Stellars Lumen slid from an early morning intraday high $0.040059 to a late intraday low $0.037333.

Stellars Lumen fell through the first major support level at $0.03889 and the second major support level at $0.03762.

Finding late support, Stellars Lumen broke back through the second major support level to limit the loss on the day.

At the time of writing, Stellars Lumen was up by 4.68% to $0.039576. A bullish start to the day saw Stellars Lumen rally from an early morning low $0.037837 to a high $0.039576.

Stellars Lumen broke through the first major resistance level at $0.03947 early on.

Story continues

Stellars Lumen would need to hold above the first major resistance level to support a run at the second major resistance level to $0.04113.

Support from the broader market would be needed, however, for Stellars Lumen to break out from Sundays high $0.040059.

Barring an extended crypto rally, resistance at $0.0400 would likely limit any upside.

Failure to move hold above the first major resistance level could see Stellars Lumen give up the morning gains.

A fall back through to sub-$0.03840 levels would bring the first major support level at $0.03674 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.036 support levels.

Major Support Level: $0.03674

Major Resistance Level: $0.03947

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX slid by 6.08% on Sunday. Reversing a 2.81% gain from Saturday, Trons TRX ended the week up by 4.22% to $0.01071.

Bearish throughout the day, Trons TRX slid from an early morning intraday high $0.011403 to a late intraday low $0.010695.

Trons TRX fell through the first major support level at $0.01098 before finding support. In spite of the late support, however, Trons TRX failed to break back through to $0.011 levels.

At the time of writing, Trons TRX was up by 3.9% to $0.011128. A bullish start to the day saw Trons TRX rally from an early morning low $0.010672 to a high $0.011166.

Steering clear of the major support levels, Trons TRX came up against the first major resistance level at $0.01118.

Trons TRX would need to avoid sub-$0.011 levels to support another run at the first major resistance level at $0.011180.

Support from the broader market would be needed, however, for Trons TRX to break out from the morning high $0.011166.

Barring an extended crypto rally, the first major resistance at $0.01118 would likely cap any upside.

Failure to avoid sub-$0.011 levels could see Trons TRX struggle later in the day.

A fall through to sub-$0.01095 levels would bring the first major support level at $0.01047 into play.

Barring another crypto meltdown, however, Trons TRX should steer clear of the second major support level at $0.01023.

Major Support Level: $0.01047

Major Resistance Level: $0.01118

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 30/03/20 - Yahoo Finance

Litecoin news today Litecoin was one of the most stable digital currencies during the recent market downturn. After falling to $25 on March 13, the LTC price bounced back to the $40 level which is a resistance. Any break above this resistance area would force a fresh 20% rally to $48. However, the market is currently in a downtrend the more likely outcome will be another sell-off which could take Litecoin price to the $27 support level. Litecoin price has endured a turbulent existence. It has been through a series of bull and bear seasons taking its price to new highs and lows over the years.

The best year for Litecoin was 2017. At the time LTC sensationally reached $415, posting 10,000% returns in one year. Since then onwards Litecoin has fought hard to sustain a similar amount of momentum. The coin has fallen short regarding posting a new all-time high. Some analysts have suggested that the price of Litecoin could take the community by surprise in the coming 12 months as we expect it to react intuitively to Bitcoins halving set for May this year. This will positively help the market because as block rewards are halved miners must make sure the overheads are met. This can only be achieved if the price of BTC doubles before the halving event.

Recently, the Magical Crypto Friends a show on YouTube that features Litecoins Charlie Lee, discussed the Litecoin Summit of 2019. This episode of the show covered the important issues affecting the community. From Litecoins position as a store of value to suggestions regarding new development upgrades. Lee confirmed that Litecoin is working on privacy improvements. Litecoins development team is reportedly working with Mimblewimble, the developers behind Grim, to add privacy as an extension block. Lee said:

We are working with Grim developers to add the Mimblewimble protocol. This will add an extension block to Litecoins main-chain. Users can transact between both chains with enhanced privacy. The objective of this project would be to give LTC users improved privacy when conducting transactions.

Litecoin (LTC) Price Today LTC / USD

In other reports, Litecoins price is expected to trade higher if the $40 mark is broken. The Litecoin price is reportedly trading in negative territory having dropped by 4.15% the day earlier. The LTC/USD pair has offered very little regarding its next price action since March 13. Considering the narrow conditions, we can expect a big breakout for Litecoin in the coming weeks.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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Litecoin News Today - If Litecoin LTC Breaks Above $40 It Will Signal A Price Rally to $48 - March 31st, 2020 - Smartereum

Bitcoin mentions on Twitter have doubled in the first quarter of 2020 as compared to the same period last year. Meanwhile, mentions of top altcoins like XRP, Ethereum (ETH) and Litecoin (LTC) have declined considerably since the turn of the year signaling waning interest in these cryptocurrencies.

XRP mentions on the social media app continue to decline with time as interest is decreasing slowly in the banking settlement focused cryptocurrency. The decline peaked on March 21 with only 2,542 tweets bearing the hashtag #XRP posted on the day.

This marked a 60% decline from January alone as daily XRP tweets amounted to 7,000. The only other time the third-largest cryptocurrency recorded such a huge decline was about 21 months ago where XRP tweets were in the 2,500 levels.

Litecoin twitter mentions also declined massively since the turn of the year as engagement about the faster version of bitcoin decreased substantially. Litecoin registered as low as 362 single day tweets in early March becoming its lowest engagement level since March 2017.

This 2-year low is a massive plunge from its 2017-2018 high when the cryptocurrency was often mentioned in the lead to its bull run. The high engagement level coincided with the digital currency price rising 10x between March and May 2017. Back then, Litecoin peaked at over 30,000 single day twitter mentions.

Ethereum, the second-largest cryptocurrency following a similar pattern to the other top altcoins as its twitter mentions continue to dwindle in 2020. The smart contract-based cryptocurrency is averaging about 2,500 daily mentions.

This is its lowest tally in over three years signaling a declining interest in the robust blockchain. However, it is not all doom and gloom for Ethereum as the last time it had such low engagement levels was in Feb 2017. This time preceded its bull run as it went on to grow 5x from $10 to $50 in the following two months.

The leading cryptocurrency bucked the trend by showing a resurgence in its twitter engagement growing substantially in 2020. The upward trend peaked on March 26 as Bitcoin was mentioned over 24k times on Twitter.

This figure is a massive improvement from its January mentions that averaged at 12k. However, Bitcoin is still quite adrift from its peak of 155k tweets recorded during its enormous 2017 bull run.

Apart from Bitcoin, its clear that social media engagement for altcoins is steadily declining this year. One explanation may be the low prices. Therefore, a resurgence in the crypto market could prompt an increase in the level of altcoin mentions on Twitter.

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The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto.This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

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XRP, Ethereum, and Litecoin Twitter Mentions Are Diminishing. Heres Why - ZyCrypto

The cryptocurrency ecosystem is like the financial markets in a lot of ways. The main contrast between the two is the regulation, without which, the cryptocurrency ecosystem has a large number of bad actors. Intentional or not, the Steem community witnessed a controversy, involving Justin Sun, the creator of Tron.

Unlike a lot of altcoins, Hedera Hashgrap doesnt seem to be affected by the recent Bitcoin crash. With 1 HBAR token worth $0.031 it is now the 42nd largest cryptocurrency with a market cap of $117 million. The tokens on-balance volume is $1.5 billion and has stayed at this level since mid-February 2020. 50 and 100 DMA [yellow and blue] has contained the price for now.

Steem surged by a massive 253% between February 18 and 19, 2020. Although the price did shed 90% of this surge, it provided people with an opportunity to profit, at least for the short term.

With $0.14 per Steem token, it takes the 60th spot in terms of market cap [$65 million]. The Stochastic RSI indicated a bounce from the oversold zone and into the normal territory.

Litecoins price, at press time, was $38 and had a market cap of $2.48 billion. The coin, however, is witnessing a rather slow yet bullish wave and from the chart, more is to come. RSI indicated a surge with a higher degree of slope as compared to the price thus indicating a short term bullish scenario for the token in the future.

In the last 24 hours, however, Litecoin seems to be on a decline, especially after hitting a local peak at 04:00 UTC.

Continued here:

Hedera Hashgraph, Steem, and Litecoin price: Steems 253% surge leaves other coins in the rear view mirror - AMBCrypto

Currently, the LTC market cap is seventh on the Coinmarketcap table at approx. US$2.5 billion, with a recent exchange-traded volume of $3,092,250,056 over the past 24 hours. The silver crypto reported a decrease of 2.80% over 24 hours. LTC/USD was valued at $38.02 at the time of publishing. Following the initial recent price recovery in the market, though not all coins maintained bullish patterns, nevertheless, several altcoins saw a probable upward trajectory awaiting volatility in an attempt to surpass prior violated barriers. To improve the adoption of Litecoin, Litecoin Founder Charlie Lee is promoting privacy and fungibility to making the coin the choice cryptocurrency for transactions. The push for privacy from Litecoin is being led by developer David Burkett who plans to start evaluating anonymous transactions on the network during the first half of the year.

*The silver crypto reported a decrease of 2.80% over 24 hours*Awaiting Volatility LTC/USD rallies with other Altcoins*Litecoin Founder Charlie Lee is promoting privacy and fungibility to making the coin the choice cryptocurrency for transactions

Key LevelsResistance Levels: $64, $50, $41Support Levels: $35, $28, $24

LTC/USD has declined from $39.25 to $37.53 levels and is narrowly hovering beyond the triangle bases ascending trendline. This preceded a marginally positive prior session where the price rose to $39.41 from $38.38 levels. The MA 200 crossed the MA 50 to map the strongly bearish sequence of thedeath cross. Unless the bullish sentiment was to maintain that, therefore, the price of Litecoin may eventually reach the level of resistance at $50.63 mark. There are two more key LTC/USD barriersat levels of $56 and $64.

Consolidation in the triangle has dramatically reduced to demonstrate diminishing price volatility. As well as the RSI indicator and its market activity indicate a probable ongoing bullish mood, while the RSI indicator trends horizontally above 40. Considering that squeezes signify strong breakouts, the region between the triangles lower and upper bands is a fair no-trade zone. Both levels of support and resistance stay at $35 and $41 levels respectively.

The unclear pattern posed by LTC/USD is best reflected in its time frame of 4 hours. Inside this time frame, its volatility has been constrained by a symmetrical triangle. This technical pattern depicts market participants indecision until an assets price is allowed to push in either a positive or a negative path.

The gap between both the initial high and low trend predicts a rise in bullish momentum for LTC/USD may lead it to rise beyond the level of $44. Whereas, a major supply increase may see it plunge to level at$28.92. The outcome of Litecoin may rely on how well it initially breaks in support or resistance.

Note:Kryptomoney.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

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LTC Price Analysis: LTC/USD Rallies With Other Altcoins, Litecoin Founder Charlie Lee Push Privacy and Fungibility to Bolster Adoption - Latest Crypto...

The "Cryptocurrency Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The future of the cryptocurrency market looks promising with opportunities in the peer-to-peer payment, remittance, e-commerce and retail, and media & entertainment industries. The global cryptoccurrency market is expected to grow with a CAGR of 32% from 2019 to 2024.

The major growth drivers for this market are transparency and immutability of the distributed ledger technology, growing remittance in developing countries, fluctuating monetary regulations, and significant increase in venture capital investments.

Some of the features of Cryptocurrency Market Report : Trends, Forecast, and Opportunity Analysis include:

Market size estimates: Cryptocurrency market size estimation in terms of value ($M) shipment.

Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.

Segmentation analysis: Market size by various segments such as by currency type, process, end use industry, and region.

Regional analysis: Cryptocurrency market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth opportunities: Analysis on growth opportunities in different applications and regions for cryptocurrency in the global cryptocurrency market.

Strategic analysis: This includes M&A, new product development, and competitive landscape for cryptocurrency in the global cryptocurrency market.

Analysis of the competitive intensity of the industry based on Porter's Five Forces model.

This report answers the following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global cryptocurrency market by currency type, process, end use industry, and region?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the cryptocurrency market?

Story continues

Q.5 What are the business risks and threats to the cryptocurrency market?

Q.6 What are emerging trends in this cryptocurrency market and the reasons behind them?

Q.7 What are some changing demands of customers in the cryptocurrency market?

Q.8 What are the new developments in the cryptocurrency market? Which companies are leading these developments?

Q.9 Who are the major players in this cryptocurrency market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this cryptocurrency area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this, cryptocurrency market?

Key Topics Covered:

1 Executive Summary

2 Industry Background and Classifications

2.1 Introduction, Background, and Classification

2.2 Supply Chain

2.3 Industry Drivers and Challenges

3 Market Trends and Forecast Analysis from 2013 to 2024

3.1 Macroeconomic Trends and Forecast

3.2 Global Cryptocurrency Market Trends and Forecast

3.3 Global Cryptocurrency Market by Currency Type

3.3.1 Bitcoin

3.3.2 Ethereum

3.3.3 Ripple (XRP)

3.3.4 Litecoin

3.3.5 Dashcoin

3.3.6 Others

3.4 Global Cryptocurrency Market by Process

3.4.1 Mining

3.4.2 Transaction

3.5 Global Cryptocurrency Market by End Use Industry

3.5.1 Peer-to-Peer Payment

3.5.2 Remittance

3.5.3 E-Commerce and Retail

3.5.4 Media and Entertainment

3.5.5 Others

4 Market Trends and Forecast Analysis by Region

4.1 Global Cryptocurrency Market by Region

4.2 North American Cryptocurrency Market

4.2.1 Market by End Use Industry: Peer-To-Peer Payment, Remittance, E-Commerce and Retail, and Media & Entertainment Industries

4.2.2 Market by Currency Type: Bitcoin, Ethereum, Ripple (XRP), Litecoin, and Dashcoin

4.2.3 United States Cryptocurrency Market

4.2.4 Canadian Cryptocurrency Market

4.2.5 Mexican Cryptocurrency Market

4.3 European Cryptocurrency Market

4.3.1 Market by End Use Industry: Peer-To-Peer Payment, Remittance, E-Commerce and Retail, and Media & Entertainment Industries

4.3.2 Market by Currency Type: Bitcoin, Ethereum, Ripple (XRP), Litecoin, and Dashcoin

4.3.3 German Cryptocurrency Market

4.3.4 Italian Cryptocurrency Market

4.3.5 The UK Cryptocurrency Market

4.4 APAC Cryptocurrency Market

4.4.1 Market by End Use Industry: Peer-To-Peer Payment, Remittance, E-Commerce and Retail, and Media & Entertainment Industries

4.4.2 Market by Currency Type: Bitcoin, Ethereum, Ripple (XRP), Litecoin, and Dashcoin

4.4.3 Chinese Cryptocurrency Market

4.4.4 Indian Cryptocurrency Market

4.4.5 Japanese Cryptocurrency Market

4.5 ROW Cryptocurrency Market

4.5.1 Market by End Use Industry: Peer-To-Peer Payment, Remittance, E-Commerce and Retail, and Media & Entertainment Industries

4.5.2 Market by Currency Type: Bitcoin, Ethereum, Ripple (XRP), Litecoin, and Dashcoin

5 Competitor Analysis

5.1 Product Portfolio Analysis

5.2 Operational Integration

5.3 Market Share Analysis

5.4 Geographical Reach

5.5 Porter's Five Force Analysis

6 Growth Opportunities and Strategic Analysis

6.1 Growth Opportunity Analysis

6.1.1 Growth Opportunities for the Global Cryptocurrency Market by Currency Type

6.1.2 Growth Opportunities for the Global Cryptocurrency Market by Process

6.1.3 Growth Opportunities for the Global Cryptocurrency Market by End Use Industry

6.1.4 Growth Opportunities for the Global Cryptocurrency Market by Region

6.2 Emerging Trends in the Global Cryptocurrency Industry

6.3 Strategic Analysis

6.3.1 New Product Development

6.3.2 Capacity Expansion in the Global Cryptocurrency Market

6.3.3 Certification and Licensing

6.3.4 Mergers, Acquisitions and Joint Ventures

7 Company Profiles of Leading Players

7.1 Nvidia

7.2 Xilinx

7.3 Intel

7.4 Advanced Micro Devices

7.5 Bitfury Group

7.6 Ripple Labs

7.7 Microsoft

7.8 Alphapoint Corporation

7.9 Amazon.Com

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Global Cryptocurrency Market Projected to Grow with a CAGR of 32% Over the Period, 2019-2024 - ResearchAndMarkets.com - Yahoo Finance

After a week of almost continuous losses, Bitcoin and many altcoins have finally begun stabilizing. The markets recovery will come with a sigh of relief from investors after several major altcoins experienced significant losses.

Litecoin price took several bad hits as the project fell through multiple support levels, eventually hitting a low of about $25. Since then, Litecoin has been working on its recovery. At the time of writing, the Litecoin LTC price is perched at $36.00, with 1.55 percent in the green.

While the market may have stabilized, fears surrounding the new coronavirus continue to impact the traditional financial market. These fears have spilled into the crypto market as investors have sold many of their riskier assets. As such, analyst NZ Shareman has taken a rather pessimistic outlook on Litecoins near-term price performance.

The analyst has noted that the Litecoin LTC price has broken its long term trend line. We can now expect further losses coming, with a measured prediction of $15. Its possible the coin could dip to the support level of around $13. If it fails to hold here the analyst believes the Litecoin LTC price could slip as low as about $3 by about April.

Bolot, however, has presented a more optimistic prediction. The analyst sees the current trading price as a good buying zone and expects LTC to increase slightly before seeing another retracement. From there, Litecoin should begin recovering some of the losses experienced throughout the week.

Recently, its been reported that a group of Bitcoin users, calling themselves CoroHope, have announced their quest to find a vaccine for COVID-19.

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.

Originally posted here:

Litecoin LTC price recovers to $36, more gains incoming? - Cryptopolitan

Litecoin, now the third-largest digital asset with the current market value of $2 billion, has lost nearly 30% of its value in the recent 24 hours moving in sync with the market. LTC/USD hit the intraday low at $25.00, which is the lowest level since December 2018. At the time of writing, LTC/USD is changing hands at $31.50.

Notably, Litecoin's average daily transactions jumped above $7 billion, which is more than three times its market capitalization.

On the long-term charts, LTC/USD shows some signals of an upcoming reversal. Weekly RSI still points downwards, however, it is already close to the overbought territory. Meanwhile, daily RSI has reversed to the North. Also, the LTC still stays outside the Bollinger Band, which is also a bullish signal as price tends to return to the average. Thus, the initial bullish target is located at $34.16, this is the lower line of the daily Bollinger Band. Once it is out of the way, the recovery may be extended towards psychological $40.00.

On the intraday charts, LTC bulls may face resistance on approach to $33.00. This area is reinforced by the middle line of 1-hour Bollinger Band. However, a stronger hurdle comes at $36.00 as this level stopped the recovery after the first collapse on Thursday. We will need to see a sustainable move above this line for the upside to gain traction towards the above-mentioned psychological $40.0 and 41.00 with SMA50 1-hour located above this area.

Originally posted here:

Litecoin Price Analysis: LTC/USD is positioned for a recovery after a massive sell-off - FXStreet

Litecoin

Litecoin slid by 3.35% on Wednesday. Following on from a 0.69% decline on Tuesday, Litecoin ended the day at $48.54.

A mixed start to the day saw Litecoin rise to an early morning intraday high $50.72 before hitting reverse.

Falling short of the first major resistance level at $51.48, Litecoin slid to a late afternoon intraday low $45.44.

Litecoin fell through the first major support level at $48.82 and the second major support level at $47.50.

Finding late support, Litecoin broke back through the major support levels to hit $49 levels before easing back.

The pullback saw Litecoin fall back through the first major support level at $48.82.

At the time of writing, Litecoin was down by 1.71% to $47.71. A bearish start to the day saw Litecoin fall from an early morning high $48.79 to a low $47.71.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move back through to $48.20 levels to support a run the first major resistance level at $51.03.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesdays high $50.72.

Barring an extended crypto rally, the first major resistance level, and Wednesdays high would likely cap any upside.

Failure to move through to $48.20 levels could see Litecoin fall deeper into the red.

A fall back through to sub-$47 levels would bring the first major support level at $45.75 into play.

Barring another extended crypto sell-off, however, Litecoin should steer clear of sub-$45 support levels.

Major Support Level: $45.75

Major Resistance Level: $51.03

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen fell by 2.52% on Wednesday. Following on from a 0.27% decline on Tuesday, Stellars Lumen ended the day at $0.050765.

Tracking the broader market, Stellars Lumen rose to an early morning intraday high $0.052531 before hitting reverse.

Falling short of the first major resistance level at $0.053410, Stellars Lumen slid to a late afternoon intraday low $0.047623.

The reversal saw Stellars Lumen fall through the first major support level at $0.05076 and second major support level at $0.04947.

Finding support late on, Stellars Lumen broke back through the second major support level.

Resistance at the first major support level at $0.05076 pinned Stellars Lumen back at the day end.

At the time of writing, Stellars Lumen was down by 1.47% to $0.050019. A bearish start to the day saw Stellars Lumen fall from an early morning high $0.050669 to a low $0.049973.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move back through to $0.05030 levels to support a run at the first major resistance level to $0.05299.

Support from the broader market would be needed, however, for Stellars Lumen to break back through to $0.052 levels.

Barring a broad-based crypto rebound, the first major resistance level and Wednesdays high $0.052531 would likely limit any upside on the day.

Failure to move through to $0.05030 levels could see Stellars Lumen fall deeper into the red.

A fall back through to sub-$0.050 levels would bring the first major support level at $0.04808 into play.

Barring a broad-based crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.047 support levels.

Major Support Level: $0.04808

Major Resistance Level: $0.05299

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX fell by 1.46% on Wednesday. Reversing a 0.49% gain from Tuesday, Trons TRX ended the day at $0.014959.

Tracking the broader market, Trons TRX rose to an early morning intraday high $0.015324 before hitting reverse.

Falling short of the first major resistance level at $0.01546, Trons TRX slid to a late afternoon intraday low $0.014120.

Trons TRX slide through the first major support level at $0.01472 and the second major support level at $0.01434.

Finding support late in the day, Trons TRX broke back through the major support levels to revisit $0.015 levels before easing back.

At the time of writing, Trons TRX was down by 1.33% to $0.014761. A bearish start to the day saw Trons TRX fall from an early morning high $0.014937 to a low $0.014761.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move back through to $0.01480 levels to support a run at the first major resistance level at $0.01548.

Support from the broader market would be needed, however, for Trons TRX to break out from the Wednesdays high $0.015324.

Barring an extended crypto rally, the first major resistance at $0.01548 and Wednesdays high would likely cap any upside.

Failure to move through to $0.01480 levels could see Trons TRX struggle throughout the day.

A fall back through the morning low $0.014761 would bring the first major support level at $0.01428 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of sub-$0.014 levels on the day.

Major Support Level: $0.01428

Major Resistance Level: $0.01548

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 12/03/20 - Yahoo Finance

Litecoin news today After the terrible phase in the broader cryptocurrency market and other traditional markets this past Thursday, some of the major altcoins have started some sort of recuperation. They are beginning to regain some percentage of their losses, with some digital assets showing positive returns in the last 24 hours. One of such tokens is LTC. The bulls have returned for Litecoin even though it might look like a brief spell. Lets see LTCs journey during the last 24-hours.

Litecoin (LTC) Price Today LTC / USD

Despite the critical situation of the cryptocurrency market, top altcoins like Litecoin, and Tezos were two of the first tokens to return to the green zone after the last sell-off. Litecoin price in particular posted 24-hour returns of 30%. Litecoin has done well in the last 24-hours, so far the coin has recouped more than half of its overall losses from the previous day. However, the digital assets movement found support at the $38 level which has now become resistance for the coin. The price of Litecoin was reportedly trading at $36.890 at press time. The coin is now up by 30.71% which is the biggest one-day percentage returns since 2018, on February 14 precisely.

LTCs move upwards has pushed its total market capitalization to $2.365 billion. At its highest point, the overall market cap of Litecoin stood at $14.099 billion. Litecoin price traded between the ranges of $35.790 and $37.573 during the past 24-hours. This surge seen today is a surprise considering how LTC has performed in the past seven days. Litecoin price has reportedly seen a drop in its value. The coin has lost 41.55% of its value in that period. The trade volume of LTC was at $6.966B from the beginning of the last 24-hours to press time. The trade volume has reached the ranges of $24.3530 and $60.4563 in the last week.

At the current price position, Litecoin is still very much far away at (91.22%) from its overall ATH of $420.00. This move was set in 2017, on December 12 precisely. Although the real catalyst of this rally is still unclear, one theory that experts have adopted is that the severe network congestion in the bigger networks Bitcoin and Ethereum has caused some cryptocurrency users to consider using other faster alternatives to conduct their digital currency transactions.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

Continued here:

Litecoin News Today Litecoin Price Gained 30% With the Last 24-Hours Following Price Crash - March 14th, 2020 - Smartereum