Litecoin-Preis springt über 80 $, da Wale 43,4 Millionen $ in LTC kaufen

Der Bärenmarkt-Blues konnte die Litecoin-Preisbewegung nicht lange belasten, da LTC am 23. November über 25 % Tagesgewinne verzeichnete. Der Beitrag Litecoin-Preis springt über 80 $, da Wale 43,4 Millionen $ in LTC kaufen, erschien zuerst auf BeInCrypto.

Timeline of Litecoin

Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity.

On Wednesday (23 November 2022), Litecoin is shocking a depressed crypto market — and delighting $LTC HODLers — by surging over 25% in the past 24-hour period. According to data by TradingView, the $LTC price started rallying when it was trading around $59.64 (at 12:35 p.m.

The crypto markets have switched to bullish after undergoing a massacre in recent times. The popular crypto faced rejection in its attempt to surpass the pivotal resistance at $73. Meanwhile, the fresh sell-off, which was led by the unfamous FTX collapse, compelled the LTC price to drop below the crucial support levels.

Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100. The post Litecoin bucks market downtrend, posting 19% gains to pass Shiba Inu appeared first on CryptoSlate.

With a 52.4% volume hike, the Litecoin (LTC) price gave a high momentum breakout from the $64.5 resistance. Thus, this bullish breakout should accelerate the buying momentum and drive the prices to higher levels.

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. 

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.