{"id":539489,"date":"2023-06-24T07:37:49","date_gmt":"2023-06-24T07:37:49","guid":{"rendered":"https:\/\/wncen.com\/?p=539489"},"modified":"2023-06-24T07:37:49","modified_gmt":"2023-06-24T07:37:49","slug":"litecoin-ltc-bulls-charge-past-91-following-20-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin-ltc-bulls-charge-past-91-following-20-rally\/","title":{"rendered":"Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally"},"content":{"rendered":"

Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level. The cryptocurrency’s remarkable performance during this period has been celebrated by bullish traders who see it as a significant victory.\u00a0<\/span><\/p>\n

With this surge, Litecoin has caught the attention of market participants, generating renewed interest in its potential and signaling a potential shift in the broader cryptocurrency landscape.<\/span><\/p>\n

The remarkable growth of Litecoin in such a short span of time has rekindled optimism among cryptocurrency enthusiasts, who are closely monitoring its progress.<\/span><\/p>\n

Litcoin (LTC) Breaks Past Recent Lows\u00a0<\/strong><\/h2>\n

LTC has defied expectations with a notable 6.1% rally in the past 24 hours, and shooting up to the $91.35 level, as reported by <\/span>CoinGecko<\/span><\/a>. This upward movement comes as a pleasant surprise for investors and traders who had concerns about LTC’s descent to the March low of $72 on June 14.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

Source: Coingecko<\/pre>\n
The drop to this critical level sparked fears of a potential downward spiral for Litecoin. However, to the relief of bullish market participants, the strong buying pressure at the $72 support level proved resilient and initiated a mild price rally.<\/span><\/p>\n
\"\"<\/p>\n
LTC price movement in the last seven days. Source: Coingecko<\/pre>\n
Related Reading: Conflux Claims Its Place Among Top Altcoins As CFX Price Skyrockets 46%<\/a><\/div>\n
The recent <\/span>surge in LTC’s price<\/span><\/a> not only demonstrates the cryptocurrency’s ability to rebound from critical levels but also solidifies the positive momentum it has gained over the last seven days. During this period, Litecoin experienced a nearly 20% climb.<\/span><\/p>\n
Meanwhile, an important milestone<\/a> in the acceptance of payments was recently noted in a post on Litecoin’s official Twitter account. The cryptocurrency specifically reached an all-time high of 167 million transactions.<\/p>\n
\n
LITECOIN<\/p>\n
\ud83d\uded2 Use for payments is at an ATH
\n\ud83d\udd04167 million transactions
\n\ud83c\udf0e Liquidity 4th in all of crypto
\n\ud83c\udfd7\ufe0f More people building on $LTC<\/a> than ever before = priceless \u26a1 pic.twitter.com\/kwr50SDbMR<\/a><\/p>\n
\u2014 Litecoin (@litecoin) June 22, 2023<\/a><\/p><\/blockquote>\n
LTC Rides The Wave of Bitcoin’s Momentum<\/strong><\/h2>\n
Bitcoin’s recent surge<\/span><\/a> toward the $30,000 mark has had a significant impact on the broader cryptocurrency market, lifting the prices of various altcoins, including Litecoin. As the leading cryptocurrency experienced a renewed upward movement, investors and traders eagerly embraced the positive market sentiment, driving a surge in altcoin prices.<\/span><\/p>\n
Related Reading: PEPE Leapfrogs With 72% Rally \u2013 What\u2019s Behind The Surprise Vigor?<\/a><\/div>\n
The correlation between Bitcoin and altcoins has long been recognized in the cryptocurrency market. When Bitcoin exhibits strong bullish momentum, it often paves the way for other cryptocurrencies to follow suit, benefitting from the overall market optimism. Litecoin, being one of the prominent altcoins, has also reaped the rewards of Bitcoin’s recent surge, adding to its own positive momentum.<\/span><\/p>\n
<\/p>\n
Bitcoin halfway into reaching the $31K level on the weekend chart: TradingView.com<\/a><\/pre>\n
Bitcoin’s price movements have historically set the tone for the broader cryptocurrency market, and Litecoin’s recent rally is a testament to this relationship. As Bitcoin continues to make strides and capture attention with its upward movement, altcoins like Litecoin stand to benefit from the increased market interest and positive sentiment.<\/span><\/p>\n
Featured image from <\/span>The Market Periodical<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level. The cryptocurrency’s remarkable performance during this period has been celebrated by bullish traders who see it as a significant victory.\u00a0 With this surge, Litecoin has caught the attention of market participants, generating renewed interest in its potential and signaling a potential shift in the broader cryptocurrency landscape. The remarkable growth of Litecoin in such a short span of time has rekindled optimism among cryptocurrency enthusiasts, who are closely monitoring its progress. Litcoin (LTC) Breaks Past Recent Lows\u00a0 LTC has defied expectations with a notable 6.1% rally in the past 24 hours, and shooting up to the $91.35 level, as reported by CoinGecko. This upward movement comes as a pleasant surprise for investors and traders who had concerns about LTC’s descent to the March low of $72 on June 14.\u00a0 Source: Coingecko The drop to this critical level sparked fears of a potential downward spiral for Litecoin. However, to the relief of bullish market participants, the strong buying pressure at the $72 support level proved resilient and initiated a mild price rally. LTC price movement in the last seven days. Source: Coingecko Related Reading: Conflux Claims Its Place Among Top Altcoins As CFX Price Skyrockets 46% The recent surge in LTC’s price not only demonstrates the cryptocurrency’s ability to rebound from critical levels but also solidifies the positive momentum it has gained over the last seven days. During this period, Litecoin experienced a nearly 20% climb. Meanwhile, an important milestone in the acceptance of payments was recently noted in a post on Litecoin’s official Twitter account. The cryptocurrency specifically reached an all-time high of 167 million transactions. LITECOIN \ud83d\uded2 Use for payments is at an ATH \ud83d\udd04167 million transactions \ud83c\udf0e Liquidity 4th in all of crypto \ud83c\udfd7\ufe0f More people building on $LTC than ever before = priceless \u26a1 pic.twitter.com\/kwr50SDbMR \u2014 Litecoin (@litecoin) June 22, 2023 LTC Rides The Wave of Bitcoin’s Momentum Bitcoin’s recent surge toward the $30,000 mark has had a significant impact on the broader cryptocurrency market, lifting the prices of various altcoins, including Litecoin. As the leading cryptocurrency experienced a renewed upward movement, investors and traders eagerly embraced the positive market sentiment, driving a surge in altcoin prices. Related Reading: PEPE Leapfrogs With 72% Rally \u2013 What\u2019s Behind The Surprise Vigor? The correlation between Bitcoin and altcoins has long been recognized in the cryptocurrency market. When Bitcoin exhibits strong bullish momentum, it often paves the way for other cryptocurrencies to follow suit, benefitting from the overall market optimism. Litecoin, being one of the prominent altcoins, has also reaped the rewards of Bitcoin’s recent surge, adding to its own positive momentum. Bitcoin halfway into reaching the $31K level on the weekend chart: TradingView.com Bitcoin’s price movements have historically set the tone for the broader cryptocurrency market, and Litecoin’s recent rally is a testament to this relationship. As Bitcoin continues to make strides and capture attention with its upward movement, altcoins like Litecoin stand to benefit from the increased market interest and positive sentiment. Featured image from The Market Periodical<\/p>\n","protected":false},"author":557,"featured_media":539511,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1144,8686,10,2829,4735],"class_list":["post-539489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-btcusd","tag-ethusd","tag-litecoin","tag-ltc-price","tag-price-action"],"acf":[],"yoast_head":"\nLitecoin (LTC) Bulls Charge Past $90 Following 20% Rally<\/title>\n<meta name=\"description\" content=\"Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally","url":"http:\/\/wncen.com\/news\/litecoin-ltc-bulls-charge-past-91-following-20-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/litecoin-ltc-bulls-charge-past-91-following-20-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-135.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-135.png?fit=822%2C412"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","btcusd","ethusd","litecoin","ltc price","price action"],"dateCreated":"2023-06-24T07:37:49Z","datePublished":"2023-06-24T07:37:49Z","dateModified":"2023-06-24T07:37:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/litecoin-ltc-bulls-charge-past-91-following-20-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/litecoin-ltc-bulls-charge-past-91-following-20-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-135.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-135.png?fit=822%2C412\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"btcusd\",\"ethusd\",\"litecoin\",\"ltc price\",\"price action\"],\"dateCreated\":\"2023-06-24T07:37:49Z\",\"datePublished\":\"2023-06-24T07:37:49Z\",\"dateModified\":\"2023-06-24T07:37:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-135.png?fit=822%2C412","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/539489"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=539489"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/539489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/539511"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=539489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=539489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=539489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}