Litecoin Price Analysis – Block reward halving on the horizon
The most important fundamental driver over the next six months is, most likely, the block reward halving in August this year.
Litecoin Price Analysis – A potential end to the bull trend
Fundamentals suggest network use in terms of both the number of transactions and daily active addresses has stagnated and begun to decline.
Litecoin Price Analysis – Waning bullish momentum
As both the LTC/USD and LTC/BTC pairs show signs of waning bullish momentum - with the high likelihood of a pullback in the near term - technicals still suggest a distinct end to the multi-month bear trend.
Litecoin Price Analysis – Network use near yearly lows
Fundamentals suggest network use in terms of both the number of transactions and the value of those transactions continues to hold near yearly lows.
Litecoin Price Analysis – waning bear trend
Despite its recent price bump Litecoin's year-long downtrend shows few signs of abating as fundamental signals in dev activity and transactions remain depressed. However, technical bearish price momentum is waning and the high short interest on Bitfinex could set it up for a short squeeze if price mean reverts.
Litecoin Price Analysis – Dev activity nose dives
Dev activity on the main repo has been non-existent in the past 90 days. A silver lining is the number of exchange and pair listings over the past few months, which gives traders increasing opportunities to speculate on the coin.
Litecoin Price Analysis – There might be blood
LTC continues to quietly work as a fast and cheap medium of exchange. However, volatility suggests LTC is far from being a stable store of value or unit of account. Continued LTC adoption announcements for both trading and utility will likely have a lagging bullish effect throughout the remainder of the year.
Litecoin Price Analysis – Technical indicators suggest an active bear trend
Most of the cryptocurrency market has moved collectively over recent days. The Pearson Coefficient of LTC and BTC has been 0.8230 since mid-December, suggesting the two coins are highly correlated statistically.
Litecoin Price Analysis – Development slows while low fees and fast block times continue
Litecoin (LTC) has recovered over 30% since April 12th, which closely correlates with most crypto markets. The Pearson Coefficient of LTC and BTC has been 0.5457 since December. The LTC market cap now stands at US$8.34 billion, with exchange-traded volume of US$398 million in the past 24 hours.
Litecoin Price Analysis – High risk and reward
Litecoin (LTC) has had a quiet February after the Litecoin Cash fork. The market cap now stands at US$11 billion, with US$640 million traded on exchanges in the past 24 hours.
Litecoin Price Analysis – Sails strong but an ill wind blows
Litecoin (LTC) is up over 100% since February 2nd. The market cap now stands at US$11.7 billion, with US$2.33 billion traded over the past 24 hours. LTC has consistent block times near 2.5 minutes, with very few unconfirmed transactions, and transactions per day have decreased sharply recently. The network value to estimated on-chain daily transactions (NVT) ratio has therefore reached historic lows.
Litecoin Price Analysis – Lee exits at interim top
Litecoin (LTC) made a new all time high in mid-December, and has cooled off slightly since. The market cap currently is holding at a steady US$16.88 billion with US$1.52 billion in trading volume over the past 24 hours.
Litecoin Price Analysis – Speculation kicks in
After making a break for the county line known as the US$100 psychological level, the litecoin (LTC) rocket ship has officially blasted off into outer orbit, leaving the trappings of gravity behind. Now holding a US$17.77 billion market cap, with US$8.36 billion trading volume in the last 24 hours, LTC is up 10,000% from the low posted in March 2017.
Litecoin Price Analysis – Retest of all time highs on the horizon
Litecoin (LTC) has remained stable throughout the recent Bitcoin bull run. The cryptocurrency is now seventh by market cap, at US$3.77 billion, with US$230 million in trading volume over the past 24 hours. LTC has risen 111% since the lows in mid September and is up 1488% this year.
Litecoin Price Analysis – Bull trend losing steam
Litecoin (LTC) now has a market cap of US$2.68 billion, up from US$206 million in April of this year. After posting a new all time high in the beginning of September, the market has retraced and largely trended sideways. Litecoin hash rate and difficulty continue to rise steadily on the SegWit enabled network. The Litecoin block reward is due to halve around August 2019. LTC transfers about a tenth of the transactions processed by either Bitcoin (BTC) or ETH per day.
Litecoin Price Analysis – Lee back at the helm
Litecoin is currently the sixth largest cryptocurrency, with a market capitalization of US$2.6b. The asset was recently selling for a record high price of ~US$90, before dipping to ~US$45, and has still given investors a 10x return over the past 6 months.