​​Litecoin (LTC) price prediction for December 31, 2022

As the FTX-induced devastation in the cryptocurrency sector continues, Litecoin (LTC) has held its own and even climbed over 10% on November 22 to be one of the crypto markets' top gainers. 

Timeline of Litecoin

Litecoin ($LTC), a cryptocurrency that has often been described as the silver to Bitcoin's gold, has been outperforming the wider cryptocurrency market over the past few weeks, to the point it has recently overtaken Solana ($SOL) in market capitalization.

Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session.

Litecoin (LTC) price is trading in the uptrend zone as it crossed the moving average lines. At the high of $64, the upward momentum had come to an end. Since November 8, the price has moved in this direction.

 LTC's price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60.   LTC's price continues to look strong despite bearish market sentiments, as things look uncertain for most traders and investors.

 The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin traded within a range since May A move back toward the lows could be on the cards In early November, Litecoin attempted to break out past the $63 resistance level with a strong show

Litecoin has been climbing the crypto market cap ranking and currently stands at rank 15 with a market cap of  as of press time. The post ‘Boring' Litecoin makes play for top 10 amid market meltdown appeared first on CryptoSlate.

Litecoin sees signs of a slowdown after being in the list of top performers last week A look at what investors should expect moving forward Last week we saw Litecoin achieve an upside as most of the top coins failed remained struggled to bounce back.

Litecoin price analysis shows signs of a downward trend for the day, as the cryptocurrency faced a loss in the last 4-hours. Although the bulls took over the market in the last 12 hours, the downtrend was too strong to be reversed.

Litecoin price analysis suggests upwards movement to $70 The closest support level lies at $63.00 LTC faces resistance at the $65.69 mark The Litecoin price analysis shows that the LTC price action has recovered to the $65.00 mark but is yet to break through the resistance level.

As the market declined last week (and continues to do so), Litecoin was one of the few currencies to increase in value. CoinGecko reports that the price of a single Litecoin is at $63.69 at the moment.