BitRss.com latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Bitcoin Flatlines But Litecoin (LTC) Continues Rally With 8% Run

Bitcoin Flatlines But Litecoin (LTC) Continues Rally With 8% Run
LTC Surges Above $46 Amid Bitcoin Lull
Bitcoin is flatlining. Ever since Litecoin (LTC) surged by 30% on Friday, sparking a widespread, yet extremely brief digital asset rally, the seas have calmed.

Since the flagship cryptocurrency found itself above $3,700, it has traded within the 3600s without any sign of a bonafide breakout. In fact, as of the time of writing, BTC posted a rare 0.00% daily performance. And as Bitcoin and most of its altcoin brethren trade flat, LTC continues to run, building off its already jaw-dropping performance seen not 72 hours ago.
According to Coin Price Watch , Litecoin is currently valued at $47.3 apiece and is up 8.75% in the past day. Save for Binance Coin (BNB) and Cardano (ADA), LTC is the only notable mover in the top cryptocurrency standings.
Many traders believe that this move is in anticipation of the impending LTC block reward reduction, which is slated to activate on the Litecoin blockchain in approximately 200 days. As explained by Moon Overlord, LTC historically bottomed and started to recovery 200 days before its so-called “halvening.”
What Are Crypto Analysts Thinkin’?
So how are crypto traders/analysts taking this continued rally? Crypto Capital Venture, a Bitcoin-centric content creator, remarked that from a technical standpoint, Litecoin’s weekly chart has some momentum going for. To back his point, the industry influencer drew parallels between when LTC began to rally in late-2017, and how the asset is acting now.

Not trying to come off too bullish but look at weekly chart from last fall before bull run compared to current momentum of #Litecoin now
I’m just saying! 
</div>
	
<style>
/*  */

#screenshot{
	position:absolute;
	border:1px solid #ccc;
	background:#333;
	padding:5px;
	display:none;
	color:#fff;
	}
/*  */
</style>
<script src=
- - - - -

Thank you for Share!

   
Read the full Article

Read the full Article: Bitcoin Flatlines But Litecoin (LTC) Continues Rally With 8% Run


Search Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, from leading exponents of BlockChain, Bitcoin and Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Cypto Currencies World.

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

24h Most Popular News