{"id":510067,"date":"2022-11-25T11:09:25","date_gmt":"2022-11-25T11:09:25","guid":{"rendered":"https:\/\/ktsl888.com\/?p=510067"},"modified":"2022-11-25T11:09:25","modified_gmt":"2022-11-25T11:09:25","slug":"litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december\/","title":{"rendered":"Litecoin (LTC) Must Maintain $77 Level To Sustain Enthusiasm Come December"},"content":{"rendered":"

Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from <\/span>Coingecko<\/span><\/a>.<\/span><\/p>\n

At the time of this writing, the crypto asset is trading at $75.94 after hovering around the $78 region for most of the day.<\/span><\/p>\n

With its recent price dump, the altcoin trimmed its seven-day gains to 20% from a high of 33% this week. <\/span><\/p>\n

Still, LTC\u2019s current performance is impressive as it managed to go up by 33.5% over the last 30 days.<\/span><\/p>\n

Litecoin caught the attention of many crypto enthusiasts on November 23 when it went on a bullish run that enabled it to reach the $81 marker and <\/span>increase its market capitalization<\/span> by more than $1 billion.<\/span><\/p>\n

Currently, in that category, LTC ranks 13<\/span>th<\/span> in Coingecko\u2019s list, keeping an overall valuation of $5.39 billion.<\/span><\/p>\n

Related Reading: Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev\u2019t Activity, NFT Ecosystem Growth<\/a><\/div>\n

What It Would Take For LTC To Hit Higher Levels Next Month<\/b><\/h2>\n

By besting the likes of Bitcoin and Ethereum in terms of weekly gains, Litecoin put itself in the position to be among the crypto assets that experts are keeping an eye on.<\/span><\/p>\n

In fact, crypto trading expert Rekt Capital shared his thoughts about the <\/span>conditions<\/span><\/a> that must be met by LTC in order to sustain its energy and perform better come December.<\/span><\/p>\n

\u201cLTC upside wicks have gone up to as high to the $85-$98 region before ultimately rejecting there. Price needs to Monthly close & hold above $67 to move higher next month,\u201d said the pseudonymous crypto<\/span> figure.<\/span><\/p><\/blockquote>\n

Rekt Capital also pointed out that given Litecoin\u2019s history of being rejected from the greater demand region, it needs to keep the $67 price territory when November ends for its uptrend to be confirmed and for it to test higher price levels.<\/span><\/p>\n

Analyst Bullish About Momentum For Litecoin<\/b><\/h2>\n

Meanwhile, well-known crypto analyst Altcoin Sherpa also shared its take on what awaits Litecoin following its impressive run despite the bearish market that now engulfs the crypto space.<\/span><\/p>\n

It noted that after LTC successfully flipped its 200-day Exponential Moving Average, there is no doubt that the next stop for the crypto asset is the $100 territory. <\/span><\/p>\n

That though, could only happen if the digital asset is able to continue its upward trend.<\/span><\/p>\n

Cryptocurrency data provider <\/span>Coincodex<\/span><\/a>, however, might have to disagree with this bullish sentiment for the altcoin as its forecasts are not looking good for Litecoin right now.<\/span><\/p>\n

According to its prediction, in five days, LTC will trade at $74.60 and one month from now, the asset will change hands at $62.04.<\/span><\/p>\n

Although Litecoin might have the chance to close November with a higher trading price than the $67 crucial marker, it would appear the asset is in for another downhill drive as the tail-end of 2022 nears.<\/span><\/p>\n

Related Reading: SUSHI Latest Feats Are Quite Impressive, But Crypto Must Overcome Rough Terrain<\/a><\/div>\n

<\/p>\n

LTC total market cap at $5.3 billion on the daily chart | Featured image from Sweden.se, Chart: TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from Coingecko. At the time of this writing, the crypto asset is trading at $75.94 after hovering around the $78 region for most of the day. With its recent price dump, the altcoin trimmed its seven-day gains to 20% from a high of 33% this week. Still, LTC\u2019s current performance is impressive as it managed to go up by 33.5% over the last 30 days. Litecoin caught the attention of many crypto enthusiasts on November 23 when it went on a bullish run that enabled it to reach the $81 marker and increase its market capitalization by more than $1 billion. Currently, in that category, LTC ranks 13th in Coingecko\u2019s list, keeping an overall valuation of $5.39 billion. Related Reading: Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev\u2019t Activity, NFT Ecosystem Growth What It Would Take For LTC To Hit Higher Levels Next Month By besting the likes of Bitcoin and Ethereum in terms of weekly gains, Litecoin put itself in the position to be among the crypto assets that experts are keeping an eye on. In fact, crypto trading expert Rekt Capital shared his thoughts about the conditions that must be met by LTC in order to sustain its energy and perform better come December. \u201cLTC upside wicks have gone up to as high to the $85-$98 region before ultimately rejecting there. Price needs to Monthly close & hold above $67 to move higher next month,\u201d said the pseudonymous crypto figure. Rekt Capital also pointed out that given Litecoin\u2019s history of being rejected from the greater demand region, it needs to keep the $67 price territory when November ends for its uptrend to be confirmed and for it to test higher price levels. Analyst Bullish About Momentum For Litecoin Meanwhile, well-known crypto analyst Altcoin Sherpa also shared its take on what awaits Litecoin following its impressive run despite the bearish market that now engulfs the crypto space. It noted that after LTC successfully flipped its 200-day Exponential Moving Average, there is no doubt that the next stop for the crypto asset is the $100 territory. That though, could only happen if the digital asset is able to continue its upward trend. Cryptocurrency data provider Coincodex, however, might have to disagree with this bullish sentiment for the altcoin as its forecasts are not looking good for Litecoin right now. According to its prediction, in five days, LTC will trade at $74.60 and one month from now, the asset will change hands at $62.04. Although Litecoin might have the chance to close November with a higher trading price than the $67 crucial marker, it would appear the asset is in for another downhill drive as the tail-end of 2022 nears. Related Reading: SUSHI Latest Feats Are Quite Impressive, But Crypto Must Overcome Rough Terrain LTC total market cap at $5.3 billion on the daily chart | Featured image from Sweden.se, Chart: TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":510075,"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":[134,6664,1558,87075,10,2828],"class_list":["post-510067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-crypto","tag-cryptocurrency","tag-digital-coin","tag-litecoin","tag-ltc"],"acf":[],"yoast_head":"\nLitecoin Must Maintain $77 Level To Sustain Energy In December<\/title>\n<meta name=\"description\" content=\"At the time of this writing, Litecoin (LTC) is trading at $74.94 after hovering around the $78 region for the most part of 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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:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Litecoin (LTC) Must Maintain $77 Level To Sustain Enthusiasm Come December","url":"http:\/\/ktsl888.com\/news\/litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/Litecoin.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/Litecoin.png?fit=666%2C492"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","cryptocurrency","digital coin","litecoin","ltc"],"dateCreated":"2022-11-25T11:09:25Z","datePublished":"2022-11-25T11:09:25Z","dateModified":"2022-11-25T11:09:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Litecoin (LTC) Must Maintain $77 Level To Sustain Enthusiasm Come December\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/litecoin-ltc-must-maintain-77-level-to-sustain-enthusiasm-come-december\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Litecoin.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/11\\\/Litecoin.png?fit=666%2C492\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"cryptocurrency\",\"digital coin\",\"litecoin\",\"ltc\"],\"dateCreated\":\"2022-11-25T11:09:25Z\",\"datePublished\":\"2022-11-25T11:09:25Z\",\"dateModified\":\"2022-11-25T11:09:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/11\/Litecoin.png?fit=666%2C492","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/510067"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=510067"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/510067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/510075"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=510067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=510067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=510067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}