Topics

Posted 9/12/2023, 12:42:27 PM

Litecoin Price Drops Below $60 But Long-Term Holders Keep Accumulating

Litecoin's (LTC) price dropped below $60 in September, but long-term holders continued accumulating.
The number of Litecoin addresses holding for 1+ years hit a new all-time high of 5 million in September.
Litecoin whales (holders of 10k-100M LTC) halted selling and bought 40k LTC worth $2.4 million in past 2 days.
Key support remains around $50 where buy orders significantly outweigh sells.
If long-term holders and whales continue buying, LTC could rebound past resistance at $65 towards $80.

beincrypto.com

Relevant topic timeline:

8/21/2023

XRP, Litecoin (LTC), and Stellar (XLM) Lead the Way in Crypto Market Bounceback

XRP, Litecoin (LTC), and Stellar (XLM) show signs of potential recovery despite the cryptocurrency market decline, according to data from Santiment.

8/22/2023

Google Bard predicts DOGE price in the next crypto bull market

Dogecoin's price in the next crypto bull market could reach $0.10 or even $0.20 based on factors such as increased adoption by businesses and the development of new projects, according to predictions from Google Bard; however, other predictions suggest a price range of $0.07 to $0.25 by the end of 2023 and 2025.

8/24/2023

Dogecoin would trade at this price if it hits its all-time high market cap

Dogecoin's all-time high price and market cap have decreased, and it requires increased demand to reach previous prices due to its supply inflation model, although current prices offer potential gains for investors. The possibility of Dogecoin reaching its all-time high market cap depends on factors such as development, news, sentiment, and demand. Dogecoin and Litecoin utilize merged mining, which contributes to the correlation of their metrics.

8/25/2023

XRP whale moves 29 million tokens to Bitstamp amid price slide

The price of XRP is declining as investors sell off their holdings, with a significant whale transferring 29 million XRP to a crypto exchange, possibly indicating a sale of their assets.

9/4/2023

Here’s How Bitcoin (BTC) Could Make a Move to the Upside, According to Analyst Jason Pizzino - The Daily Hodl

Despite the current market conditions, a crypto strategist believes that Bitcoin (BTC) could experience a significant upward movement, potentially forming a bullish higher-low setup after a possible drop to around $23,600.

9/12/2023

Bitcoin Rebounds Above $26K as Altcoins Face Pressure; Bitget Launches $100M Investment Fund

Bitcoin's price rebounded to around $26,000 as short traders abandoned their bearish bets, but a lack of bullish catalysts may limit the recovery, with a potential altcoin crash looming as bankrupt exchange FTX plans to sell around $3.4 billion worth of tokens.

9/12/2023

This Week's Crypto Price Swings Lead to $256M in Liquidation Losses for Traders

Cryptocurrency prices experienced a sharp drop and rebound, leading to $256 million in liquidation losses over the past two days, as traders faced a wave of leveraged position closures due to market fears and sudden price swings.

9/14/2023

Crypto Whales Scoop Up Discounted MATIC, LTC and APE as Prices Plunge

Crypto whales have taken advantage of the recent downturn in altcoin markets to buy discounted Polygon (MATIC), Litecoin (LTC), and Apecoin (APE) tokens, potentially increasing confidence in the long-term viability of these projects.

10/10/2023

Trader Warns Bitcoin Could Drop to $19K Again Like 2020 Collapse

Bitcoin's price may experience a significant drop to $19,000 before entering a full bull market next year, according to a trader who accurately predicted the cryptocurrency's 2018 bear market bottom; the trader also suggests that the smart contract platform Avalanche's altcoin bounce is over after failing to break resistance at $11.

Topics

Posted 9/12/2023, 12:42:27 PM

Litecoin Price Drops Below $60 But Long-Term Holders Keep Accumulating

Litecoin's (LTC) price dropped below $60 in September, but long-term holders continued accumulating.
The number of Litecoin addresses holding for 1+ years hit a new all-time high of 5 million in September.
Litecoin whales (holders of 10k-100M LTC) halted selling and bought 40k LTC worth $2.4 million in past 2 days.
Key support remains around $50 where buy orders significantly outweigh sells.
If long-term holders and whales continue buying, LTC could rebound past resistance at $65 towards $80.

beincrypto.com

Relevant topic timeline:

8/21/2023

XRP, Litecoin (LTC), and Stellar (XLM) Lead the Way in Crypto Market Bounceback

XRP, Litecoin (LTC), and Stellar (XLM) show signs of potential recovery despite the cryptocurrency market decline, according to data from Santiment.

8/22/2023

Google Bard predicts DOGE price in the next crypto bull market

8/24/2023

Dogecoin would trade at this price if it hits its all-time high market cap

8/25/2023

XRP whale moves 29 million tokens to Bitstamp amid price slide

The price of XRP is declining as investors sell off their holdings, with a significant whale transferring 29 million XRP to a crypto exchange, possibly indicating a sale of their assets.

9/4/2023

Here’s How Bitcoin (BTC) Could Make a Move to the Upside, According to Analyst Jason Pizzino - The Daily Hodl

9/12/2023

Bitcoin Rebounds Above $26K as Altcoins Face Pressure; Bitget Launches $100M Investment Fund

9/12/2023

This Week's Crypto Price Swings Lead to $256M in Liquidation Losses for Traders

9/14/2023

Crypto Whales Scoop Up Discounted MATIC, LTC and APE as Prices Plunge

10/10/2023

Trader Warns Bitcoin Could Drop to $19K Again Like 2020 Collapse