Litecoin Swings between $48 and $64 as It Resumes an Uptrend

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.

Timeline of Litecoin

 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.

Litecoin beat other top cryptos to register the most gains in the last 24 hours The latest rally is less likely to be sustained considering unimpressive circulation and possible sell-offs Litecoin [LTC] recorded the highest gains in the last 24 hours out of the market's top-20 cryptos.

 The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin's recent bullish engulfing candlestick aided the buyers in reclaiming the near-term edge The crypto marked a downtrend in its development activity while it MVRV turned positive Litecoin's [LTC] recent rebound from its trendline resistance

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.