
Tags: Litecoin
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Litecoin Price Prediction as LTC Bounces 15 From Recent Lows – Watch This Key Resistance Level
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Five million addresses have held Litecoin for over 12 months.
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Bitcoin and most major altcoins are reeling under intense selling, and charts suggest that the market sell-off is not complete.
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Markets continue to slump, giving advantage to the bears and hinting at a trend change to the downside.
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After the Aug. 11 Bitcoin ETF decision delay, BTC’s boring price action looks set to carry on through the weekend.
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Bitcoin’s sharp recovery to $30,000 proves that bulls are buying BTC and altcoins at lower support levels.
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Solana saw the highest inflows among the altcoins, clocking its most bullish week in 16 months.
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Bitcoin’s failure to rebound off strong support may open further downside as bears may be tempted to sell.
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Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market.
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Litecoin’s halving took place when the network reached transaction block 2,520,000.
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OG Cryptos to Buy Now That Pumped 5x or More in the 2017 Bull Run
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Bitcoin is witnessing a strong battle between the bulls and the bears with the sellers currently holding a slight edge.
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Litecoin block rewards have now halved to 6.25 LTC as the halving clock is reset for another four years.
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