Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses

Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses.

Timeline of Litecoin, Uniswap

Uniswap has a new update; Subsequently, its development activity surged Its network growth and daily activity witnessed an uptick as well Since FTX's collapse, more and more users have been turning their interest to DEXs such as Uniswap. Now, in an effort to capitalize on this interest, the exchange has launched new infrastructure.

Litecoin price analysis shows a bullish trend as the coin has recovered from its intraday low of $59.25 to reach a new high of $63.37. However, this level has acted as resistance for LTC and prices have pulled back below $63.00.

After staying quiet for a long time, Litecoin (LTC) has finally woken up, taking the top spot on CoinMarketCap's gainer list, rising 8% in 24 hours. The post Are Litecoin Whales Preparing for an LTC Price Rally in 2023?

 LTC's price shows bullish signs as price holds above its range channel showing signs to rally high as FTX fiascos continue.   LTC's price trades above $60 with the market's current state, as things look uncertain for most traders and investors.

Uniswap witnessed a massive surge in terms of social mentions and engagements The revenue collected by it grew, however, the daily active users declined In light of the FTX debacle, the entire focus of the market has been gradually shifting toward popular DEXs.

The Uniswap website is only pulling up a blank page when loaded, with the team blaming a routing problem with internet infrastructure provider Cloudflare. The post Uniswap website goes dark for some users after Cloudflare routing problem appeared first on The Block.

Litecoin price analysis suggests a downward movement to $54 The closest support level lies at 57.50 LTC faces resistance at the $60.00 mark The Litecoin price analysis shows that the LTC price action was rejected at the $60.00 level and has moved down toward the $56.00 support level.

Litecoin price analysis is revealing a bearish trend for today as a further decrease in price has been observed. LTC prices are down by almost 2.18% in the last 24 hours and are currently trading at the $57.33 mark.

Uniswap rose to a one-week high in today's session, as crypto markets seemed to have settled following recent turbulence. The last seven days were filled with increased levels of fear, uncertainty, and doubt in the marketplace, as participants moved to shelter following the FTX collapse.

Litecoin (LTC) price has declined but managed to hold above the 50-day moving average line. It is now capped between the moving averages. The 21-day line SMA is currently being retested or breached by Litecoin, which price is rising.