Friday, July 1, 2022
WHATS DOGE
  • Home
  • Bitcoin
  • Dogecoin
  • Altcoin
  • Litecoin
  • Blockchain
  • Ethereum
  • Cryptocurrency
  • DeFi
  • Regulation
  • XRP
  • Videos
No Result
View All Result
WHATS DOGE
No Result
View All Result
Home Litecoin

Litecoin price – What Next for BTC and LTC? | Fintech Zoom

admin by admin
March 9, 2021
in Litecoin
0
Litecoin price – What Next for BTC and LTC? | Fintech Zoom
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


The Bitcoin and Litecoin costs have rebounded at present as merchants deal with the US futures market. The BTC value has jumped by 25% from final week’s low of $42,925 to at present’s $54,000. However, the LTC value has jumped by 30% from final week’s low of $153 to at present’s $200.

Explaining the present crypto rally

Final week, the Litecoin and Bitcoin costs tumbled for 3 primary causes. First, after greater than doubling this 12 months, many traders began to promote their holdings to take revenue. As this went on, many retail merchants offered their portfolios to keep away from main losses. 

Second, the Bitcoin value additionally reacted to a comparatively bearish assertion by Elon Musk, one of many key supporters of the forex. In a tweet, he lamented that the worth of BTC and Ether had develop into a bit costly. As such, some merchants began to query whether or not he was about to promote a number of the Tesla’s cash.

Third, and most significantly, cryptocurrencies crashed due to the Treasuries market. Previously few weeks, the US Treasuries market has seen a considerable sell-off that has pushed yields to the best degree in additional than a 12 months. 

As we speak, the Bitcoin and Litecoin costs are rallying as a result of yields have retreated. The yield on the ten-year has dropped by greater than 3% whereas the 30-year has dropped by greater than 2.30%. Nonetheless, this pattern may change tomorrow if information exhibits that US inflation soared in Febraury.

Litecoin value prediction

The each day chart exhibits that the Litecoin value has bounced again currently. It has even shaped an ascending channel that’s proven in crimson. The present value is barely above the decrease aspect of this channel. 

Additionally, the worth is being supported by the 25-day and 15-day exponential shifting averages (EMA). Due to this fact, in my opinion, the LTC value will preserve rising as bulls goal the higher aspect of the channel at $245. Nevertheless, a decline beneath final week’s low at $153 will invalidate this prediction.

LTC value chart

Litecoin Price

Bitcoin value prediction

The BTC value is buying and selling at $54,100. On the four-hour chart, the worth is alongside the center line of the Schiff pitchfork software. Additionally it is barely above the vital resistance at $52,544, which is the earlier highest level. The value can be being supported by the quick and medium-term shifting averages. Due to this fact, in my opinion, the BTC value will seemingly proceed rising as bulls goal the subsequent key pitchfork degree at $58,000.

Don’t miss a beat! Comply with us on Telegram and Twitter.

Related articles

Cuban Continues Pushing Dogecoin For Payments, Musk Nods His Approval

Cuban Continues Pushing Dogecoin For Payments, Musk Nods His Approval

August 17, 2021
LTC whales go into a buying spree, eying up $260

Litecoin, Ethereum Classic & Polygon — Asian Wrap 17 Aug

August 17, 2021

BTC value chart

Bitcoin Price

Extra content material





Source link

Tags: BTCFintechLitecoinLTCpriceZoom
Share76Tweet47
Previous Post

Withdraw Receiving Proof Instant Paying-Delta-Crypt.Com All coin Mining Site -Mining Hyip020

Next Post

Will Binance Smart Chain overtake Ethereum in the world of DeFi?

Related Posts

Cuban Continues Pushing Dogecoin For Payments, Musk Nods His Approval

Cuban Continues Pushing Dogecoin For Payments, Musk Nods His Approval

by admin
August 17, 2021
0

Billionaire investor and proprietor of the Dallas Mavericks Mark Cuban advised CNBC final week that Dogecoin has a stable...

LTC whales go into a buying spree, eying up $260

Litecoin, Ethereum Classic & Polygon — Asian Wrap 17 Aug

by admin
August 17, 2021
0

Litecoin worth reaches main goal, LTC enters a interval of turbulence Litecoin price had been paralyzed by the 2019...

Litecoin price reaches primary target, LTC enters a period of turbulence

Litecoin price reaches primary target, LTC enters a period of turbulence

by admin
August 17, 2021
0

Litecoin worth closes in on the double backside measured transfer worth goal of $191.00 after a ten.82% rip on...

Litecoin, Ethereum Classic and Polkadot Price Analysis: 16 August

Litecoin, Ethereum Classic and Polkadot Price Analysis: 16 August

by admin
August 16, 2021
0

Altcoins Litecoin, Ethereum Basic and Polkadot, all rose on their charts during the last 24 hours, owing to Bitcoin...

The 10 Most Purchased Cryptocurrencies in August 2021

The 10 Most Purchased Cryptocurrencies in August 2021

by admin
August 16, 2021
0

10 cryptocurrencies which were bought essentially the most in August.Cryptocurrencies have taken a stable place within the buying and...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

6 + 16 =

No Result
View All Result

Recent Posts

  • Web3 will be key to the future of China’s internet, says security regulator
  • Ukraine’s President Signs Virtual Assets Bill Legalizing Cryptos
  • Binance Bags Specialist License From Dubai’s Virtual Asset Regulatory Authority
  • Democrat division over crypto isn’t all bad news for regulation
  • Congress members concerned SEC stifling innovation with crypto scrutiny

Recent Comments

    Archives

    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • DeFi
    • Dogecoin
    • Ethereum
    • Litecoin
    • Regulation
    • Videos
    • XRP

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Cryptocurrency
    • DeFi
    • Dogecoin
    • Ethereum
    • Litecoin
    • Regulation
    • Videos
    • XRP

    Follow Us

    Contact Us

    • Privacy & Policy
    • About Us
    • Contact Us

    © 2021 Whats Doge

    No Result
    View All Result
    • Home
    • Bitcoin
    • Dogecoin
    • Altcoin
    • Litecoin
    • Blockchain
    • Ethereum
    • Cryptocurrency
    • DeFi
    • Regulation
    • XRP
    • Videos

    © 2021 Whats Doge

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.