Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13105
Markets: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Share
coinpedia 2025-03-07 09:14:50

Litecoin Price To Crash or Recover? Top Analyst Says a Big Move Is Coming!

Litecoin Price To Crash or Recover? Top Analyst Says a Big Move Is Coming!

The post Litecoin Price To Crash or Recover? Top Analyst Says a Big Move Is Coming! appeared first on Coinpedia Fintech News Litecoin (LTC) was one of the few altcoins that exhibited price dominance against BTC and outperformance against major crypto assets, LTC price dropped as low as $95, reflecting a 15% drop in a week. Despite the drop, crypto analyst Ali Martinez suggests that (the MVRV) ratio hints toward a bullish recovery. MVRV Ratio Hints Bullish Signals According to crypto analyst Ali Martinez, the MVRV indicator signals that LTC remains in a healthy position despite recent market fluctuations. The MVRV ratio is a key metric that helps traders assess whether an asset is overvalued or undervalued. A low MVRV suggests the asset is in an accumulation phase, while a high MVRV signals potential profit-taking from investors. #Litecoin $LTC maintains a bullish outlook as the MVRV Ratio signals strength! pic.twitter.com/Xprn0NqyXF — Ali (@ali_charts) March 7, 2025 Looking at Ali Martinez’s latest chart, Litecoin’s MVRV ratio is maintaining strength even after pullbacks to psychological support at $100. This suggests that long-term holders are staying confident, and selling pressure is relatively low. However, if this trend continues, Litecoin could be setting up for a significant move toward $108 and further to $117. Litecoin Under Pressure as Key Events Approach Litecoin’s recent drop has worried traders, especially after it was left out of the U.S. Crypto Strategic Reserve. This decision has made many investors more bearish, leading to an increase in short positions. Even though some traders still hope for a Litecoin ETF approval , other major events could impact the market first. The upcoming White House summit and the U.S. Non-Farm Payrolls (NFP) report are expected to shape investor sentiment in the coming days. With Litecoin now trading below the important $100 level, there is a growing risk of further declines if buyers don’t step in soon. Bears Target a Drop to $85 Litecoin’s price has turned bearish after gaining momentum in February. The recent drop has pushed LTC near the lower Bollinger Band at $102.77 , indicating oversold conditions and increased volatility. If buyers fail to regain support at $100, sellers could drive the price down further to the next major support at $85, a level that has historically seen strong demand. Even, the Relative Strength Index (RSI) stands at 37.62, suggesting that Litecoin is nearing oversold territory.

Most Read News



Cryptohopper
Market Cap
24h Vol
60.37%
Bitcoin Share
106
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.