Margex Announces Addition Of More Deposit Options Including Litecoin, Solana and Solana-based Stablecoins

Margex has increased trading options for users by adding four new tokens, which include Solana, USDT (SOL), USDC (SOL) and Litecoin VICTORIA, Seychelles , Sept. 14, 2022 /PRNewswire/ -- Margex, a digital asset trading and investment platform, which recently introduced a unique staking feature earlier this month, has announced the addition of new deposit options for users to use as collateral on its platform.

Timeline of Litecoin, Solana

Today Litecoin price analysis shows that the LTC/USD pair has lost tremendous value and is down by over 6.11% in the last 24 hours. Litecoin price analysis shows that the LTC/USD pair is currently facing strong resistance at $67.07.

The total value locked (TVL) on the Solana blockchain's decentralized finance (DeFi) space has trended downwards in U.S. dollar terms over the past three months, dropping a total of 45.9% from $3.94 billion to $2.13 billion.

Litecoin rose to a three-month high in today's session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased.

Litecoin (LTC) has held up well during the ongoing Bitcoin (BTC) price decrease but has yet to break out from a crucial horizontal resistance area. The post Litecoin (LTC) May Confirm Bullish Reversal With Breakout Above Resistance appeared first on BeInCrypto.

A rising parallel channel pattern governs the ongoing recovery in LTC/USDT pair. The recent bull cycle within this pattern was initiated when the coin price rebounded from the shared support of $52.7 and ascending trendline.

Solana (SOL) has risen by 5% today relative to its 24-hour low, moving from USD 36.82 early this morning to USD 38.67 as of writing. Its current price also represents a 20% jump in the past week, according to CoinGecko, as well as a 19% increase in the last 14 days.

Litecoin price analysis reveals that the coin is in a bullish trend and has made significant gains in the last 24 hours. The coin is currently trading at $62.69 and is facing rejection at $62.87, a break above this level can result in prices testing the $63.00 level.

Solana (SOL) develops bullish sentiments against tether (USDT), as the price of Solana (SOL) seeks to rise with an impending breakout above the current resistance. Bitcoin (BTC) gained significant strength after closing the weekly candle on a high note, with the price remaining above $21,700 for the first time in weeks.

Solana is showing a strong surge in its NFT ecosystem in recent days. Not to forget, the overall demand for NFTs continues to falter in September despite showing glimpses of recovery.

Solana-based blockchain gaming platform, Walken announces a new roadmap and features that boost the user experience and overall growth of the platform! Walken, a move-to-earn player game, has unveiled its latest roadmap in a bid to continue its trajectory to sustainable growth, building momentum and substantial overall growth, a statement from the team reads.