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Litecoin for Dummies

SBI Group launches crypto-asset fund for Japanese investors

The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio. Tokyo’s biggest finserv firm, SBI Group, will now allow general Japanese investors to purchase cryptocurrencies via its newly launched ‘crypto asset fund’. The fund is composed of seven cryptocurrencies including …

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Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November

The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions. A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern. The classic bearish reversal setup appears when the price forms two consecutive peaks of almost the same height, with each upside …

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Litecoin hits 6-month high as LTC price soars 20% in 24 hours

Nonetheless, LTC/USD is at risk of a price correction, as it’s painting a classic bearish reversal pattern. Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. The 14th-largest digital asset rose by a …

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 30th, 2021

Ethereum Ethereum rose by 3.01% on Friday. Following a 9.25% breakout on Thursday, Ethereum ended the day at $4,421.23. A mixed start saw Ethereum fall to an early morning intraday low $4,266.91 before making a move. Steering clear of the first major support level at $4,026, Ethereum rallied to a late afternoon intraday high and a …

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Litecoin: What this bullish pattern means for the Crypto

The first alternative cryptocurrency, Litecoin (LTC), is usually believed to be the first. It was created on October 13, 2011, with the intention of becoming “the silver to Bitcoin’s gold,” and it is today one of the most valuable cryptocurrencies in terms of market value. At first, it was a solid contender to bitcoin. In …

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