Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Analyst Predicts 130% Rally To $18

    Analyst Predicts 130% Rally To $18

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    TRX Eyes Bullish Break While Bitcoin and ETH Struggle

    TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

  • Play2Earn
    Apply to Join the Next Guild of Guardians Playtest

    Apply to Join the Next Guild of Guardians Playtest

    Win a Reign of Terror Mystery Crate through Open Loot

    Win a Reign of Terror Mystery Crate through Open Loot

    MegaWorld Announces Citizen Traits and Pack Sale

    MegaWorld Announces Citizen Traits and Pack Sale

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    Legacy Announces October Release Date

    Legacy Announces October Release Date

    Sail Into Season Two of Gods Unchained

    Sail Into Season Two of Gods Unchained

    Design a Boss Skin for Boss Fighters

    Design a Boss Skin for Boss Fighters

    Join the Synergy Land Early Access Playtest

    Join the Synergy Land Early Access Playtest

    Use AI to Design in Gabby World Beta

    Use AI to Design in Gabby World Beta

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Crypto Analyst Predicts XRP Price To Hit $0.66 This Week

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Pro-XRP Lawyer Reveals The Impact Of SEC’s Lawsuit Against Ripple

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    Solana Surges 15%, Is This Just Start Of A Larger Increase?

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MakerDAO Secures $6 Billion For Treasury Bill Investments As MKR Dominates 2023

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    MATIC Price Rally Threatened As Whales Deposit Millions Of Tokens To Exchanges

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Crypto CEO Very Bullish On XRP Price, Sets Make Or Break Point

    Analyst Predicts 130% Rally To $18

    Analyst Predicts 130% Rally To $18

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    MATIC Price Downtrend Halted As Google Cloud Joins Polygon Network

    TRX Eyes Bullish Break While Bitcoin and ETH Struggle

    TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

  • Play2Earn
    Apply to Join the Next Guild of Guardians Playtest

    Apply to Join the Next Guild of Guardians Playtest

    Win a Reign of Terror Mystery Crate through Open Loot

    Win a Reign of Terror Mystery Crate through Open Loot

    MegaWorld Announces Citizen Traits and Pack Sale

    MegaWorld Announces Citizen Traits and Pack Sale

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    StarGarden Closing, Perhaps Temporarily – Play to Earn

    Legacy Announces October Release Date

    Legacy Announces October Release Date

    Sail Into Season Two of Gods Unchained

    Sail Into Season Two of Gods Unchained

    Design a Boss Skin for Boss Fighters

    Design a Boss Skin for Boss Fighters

    Join the Synergy Land Early Access Playtest

    Join the Synergy Land Early Access Playtest

    Use AI to Design in Gabby World Beta

    Use AI to Design in Gabby World Beta

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
No Result
View All Result

Litecoin may be falling, but here’s where investors might come into play

2021-10-23
in Altcoins
0
Litecoin may be falling, but here’s where investors might come into play
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Litecoin, as one of many first cash within the crypto-space, by no means made an excessive amount of noise as you’d count on. There weren’t many loopy rallies or devastating crashes. Now, we did see the Walmart-associated FUD. However, we are able to’t actually blame Litecoin for that, can we?

Some consider this immobility could have saved buyers secure. Nonetheless, it’s now costing the altcoin dearly as a result of proper now, it might be in peril.

Litecoin in peril…

… of falling to an all-time low?

The silver to Bitcoin’s gold has not been capable of sustain with the rising worth of the king coin. And, because of this, it’s being threatened with a significant worth fall on the charts.

Take into account this – Regardless of the world’s largest cryptocurrency hitting an ATH of over $67k lower than 48 hours in the past, its pair with LTC has been falling for greater than 3 years now. Curiously, this has been so regardless of LTC’s 42% progress this month.

Litecoin efficiency this month | Supply: TradingView – AMBCrypto

Now, in some methods, this week’s efficiency could have really saved LTC.

You might also like

What’s Making VeChain (VET) Price Skyrocket Over 12%?

Hedera Records Massive Jump In TVL

Whales Arrived Just In Time For LTC Next Rally?

The pair is already at its final help stage of 0.003 sats and falling beneath this could push LTC into worth discovery for an all-time low.

LTC/BTC pair | Supply: TradingView – AMBCrypto

What’s extra, this additionally makes LTC a really engaging asset for market buyers. The likelihood of restoration from this level can be excessive, with this week’s worth motion possible to assist the pair bounce again from that help. 

So, do you have to make investments proper now?

On the Reserve Threat indicator, LTC has been caught throughout the engaging zone for over 2 years now. What’s extra, each rise and fall has saved it inside that vary, apart from as soon as in 2018.

Again then, for nearly a month, Litecoin was deemed unattractive resulting from excessive costs and buyers’ low confidence.

Litecoin energetic addresses | Supply: Glassnode – AMBCrypto

Backing this assertion is the Sharpe Ratio as effectively. At press time, it was at a month-to-month excessive, making the asset a excessive risk-reward asset.

Regardless, on the micro-scale, this week’s bullishness has not been reciprocated by buyers. As a substitute, the market witnessed extra promoting from holders as over $5.03 million price of longs have been liquidated over the week.

Litecoin liquidations | Supply: Coinalyze – AMBCrypto

That being mentioned, though volumes weren’t significantly excessive, buyers have been extraordinarily participative since energetic addresses hit an all-time excessive this week.

The great factor is that the dominance of mid-term holders is holding the coin secure from any motion for not less than 5 months on common. And, the dominance of retail buyers additionally prevents the coin from any flash promoting or main dumps, making it a safer asset.

Litecoin buyers distribution | Supply: Intotheblock – AMBCrypto

Source link

Tags: fallingHeresinvestorsLitecoinPlay
Share30Tweet19

Recommended For You

What’s Making VeChain (VET) Price Skyrocket Over 12%?

2023-02-21
0
What’s Making VeChain (VET) Price Skyrocket Over 12%?

The general market has been exhibiting indicators of power as the worth of Bitcoin (BTC) retests the coveted $25K degree, whereas altcoins additionally seem like buying and selling...

Read more

Hedera Records Massive Jump In TVL

2023-02-20
0
Hedera Records Massive Jump In TVL

HBAR Crypto Information: Hedera, which is powered by its personal proprietary Hashgraph expertise, has seen a latest surge in its Complete Worth Locked (TVL), because it at present...

Read more

Whales Arrived Just In Time For LTC Next Rally?

2023-02-20
0
Litecoin (LTC) Gives A Strong Rally Amid Whale Acquisition

Litecoin Information: Amid Bitcoin’s (BTC) six month excessive value and hypothesis for a possible altcoin rally, the crypto market can be going by means of the regulatory hurdles...

Read more

LINK Whales Awake After 8 Months, Rally Ahead?

2023-02-20
0
Chainlink ($LINK) On Verge Of Breakout If This Support Breaks?

Chainlink (LINK) Information: After months of flirting with the native assist space, Chainlink (LINK) lastly seems effectively positioned to interrupt it with the entry of whales. This comes...

Read more

Solana ($SOL) Soars As Helium Sets Migration Date; Here’s More

2023-02-20
0
Solana ($SOL) Soars As Helium Sets Migration Date; Here’s More

Solana Worth: SOL began the week with an enormous value surge. In accordance with knowledge from CoinMarketCap, the altcoin is now up by greater than 10% prior to...

Read more
Next Post
Bifrost launches on Kusama-based Karura Swap with 200,000 BNC in rewards

Bifrost launches on Kusama-based Karura Swap with 200,000 BNC in rewards

Leave a Reply Cancel reply

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

Related News

Sandbox (SAND) Price Attempts to Break $2.45 As 4 Hr Chart Reveals Hidden Bullish Divergence

SAND Prepares For A 55% Rise To $3.28

2021-11-01
Defi Land NFT Forging Announcement

Defi Land NFT Forging Announcement

2023-01-05
The First government-hosted Bitcoin ATM at an Airport in the US is here

The First government-hosted Bitcoin ATM at an Airport in the US is here

2021-11-19

Browse by Category

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

ABOUT US

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Investment, Market, and more.

Referall

https://bit.ly/2Y2f9sP

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

NEWSLETTER

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2021 Xarabek - All rights reserved

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
  • Analysis
  • Play2Earn
  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop

© 2021 Xarabek - All rights reserved

  • RelevantRelevant(REL)$0.825.35%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • B20B20(B20)$0.4507925.62%
  • BitballBitball(BTB)$0.0019770.37%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • MoonToolsMoonTools(MOONS)$13.810.00%
  • StacyStacy(STACY)$0.0007100.00%
  • Lunch MoneyLunch Money(LMY)$0.0004180.00%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%