Litecoin [LTC] on the way to $110? Not yet, as this can delay the bulls

Litecoin's LTC value increased by over 40% in January 2023, rising from $68 to $102. However, a short-term price consolidation in the past few days has seen the asset lose some value.

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Timeline of Litecoin

Litecoin Sharks Were Behind $LTC's Near 90% Surge, Data Suggests - CryptoGlobe

The price of Litecoin ($LTC) has surged nearly 90% since early November, with the movement seemingly being supported by so-called Litecoin ‘sharks,' or large addresses that have been heavily accumulating the cryptocurrency.

Crypto Sharks Have Accumulated Over $108,000,000 in Litecoin in Six Months As LTC Inches Toward $100: Santiment - The Daily Hodl

Litecoin (LTC) is rallying with big support from shark addresses that have accumulated more than $108 million worth of the token within months, according to Santiment. Crypto analytics firm Santiment says shark addresses have “aggressively” accumulated the token since July 2022, helping to push it toward $100.

Litecoin: Mammoth Partnership and Shark Accumulation see LTC Spike - Bitcoinworld

Litecoin [LTC] and Mastercard have announced a collaboration to launch the Litecoin Mastercard in the United Kingdom and Europe. While making the announcement on 30 January, a post demonstrated that it will construct a payment bridge between cryptocurrency and traditional finance (TradFi).


Litecoin fails to overcome key resistance level despite hitting new milestones - AMBCrypto

Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million transactions.

Litecoin's Hashrate Reaches All-Time High, Difficulty Follows Suit - Bitcoin

The blockchain network Litecoin's computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin's difficulty also reached an all-time high this week, hitting 23,505,031 the following day.

Why Litecoin Could Make a Serious Comeback in 2023 - LiveBitcoinNews

2022 was a crazy year for bitcoin and cryptocurrency. With all the talk regarding the fall of bitcoin's price and value, it became easy to forget about some of the more obscure coins.

Litecoin price analysis: LTC drags price down to $87.67 as bearish sentiment persists - Cryptopolitan

The latest Litecoin price analysis shows a strong downtrend for the cryptocurrency today, as the coin value underwent a noticeable reduction. The ongoing decreasing trend has lowered the cryptocurrency value to an $87.67 low.

Riding an electric wave Litecoin's hashrate hits all-time high - CryptoSlate

Litecoin (LTC )has been one of the best-performing big-cap tokens over the last several months, and its hashrate just hit a new all-time high, signaling some potential bullish activity on the network.  After falling to a low of $40.

Litecoin price analysis: LTC breaks above $88.05 as upswing momentum strengthens - Cryptopolitan

Litecoin price analysis suggests a strong bullish trend for today as the price has improved significantly in the last 24 hours as the bulls are continuing to rule the market for LTC despite the bearish momentum that was present the previous day. The price has increased up to $88.

Exploring Litecoin's [LTC] position as it looks to dominate the market in 2023 - AMBCrypto

Litecoin [LTC] was one of the top trending coins between 17 – 24 January, and for good reason. It has outperformed many top coins in the last few months, including Bitcoin [BTC] on key metrics, but what does this mean for its future?