- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Litecoin Defends ETF Delay With 11% Surge above $90, Key Level To watch Is $100.
By: cryptosheadlines|2025/05/07 22:15:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The Layer 1 crypto Litecoin (LTC) was seen in the 24-hour top gainers list, and Bitcoin(BTC) hit $97,000. Litecoin movement is a highlight of market, as the coin performed even after the negative news of the US SEC’s delaying the Litecoin Spot ETF applied by Canary Capital.LTC performance readings on a short term show a corrective approach, while the long-term performance is impressive and fuels new high cycles. Litecoin faces increased selling pressure. The Litecoin’s contrary performance to negative fundamentals is a breakthrough, and gaining back the $90 zone has also attracted confidence in the asset. On the other hand, the key indicators, MACD and CM,F show an upcoming cooling period and potential selling. The Chaikin Money Flow (CMF) indicator, which measures buying and selling pressure, is at the centre line(0), indicating weakening buying pressure, despite the rising prices.Litecoin in the short term could lose its upward momentum. On the other hand, Litecoin’s on-chain data Network Realized Profit/Loss (NPL) shows an increase in several unrealized gains, and this can turn the LTC market greedy anytime. Litecoins Weekly Chart Is Admiring LTC/USD in the weekly chart reflects its admirable performance since July 2022. The asset has created an upward channel while attempting a horizontal breakout 3 times. After being rejected by the top and a dramatic drop below the reversal, the price is now nearing the centre line, which is at the $100 mark. The RSI is approaching 50 from the bottom, andthe MACD is heading toward closing to 0, showing the momentum turning towards neutralLitecoin, the Good ride ahead In conclusion, as we see Litecoin’s performance since its April dips has been a great comeback to create key resistance $100. If the buyers loose control, we can see a price dril to $85 and of the market cycle continues to be bullish $105 is on the cards in next 2 weeks. Source link
You may also like
AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief
Agent infrastructure for the economy is forming faster than anyone expected
IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer
The power system is being asked to perform a task it was not designed to do.
Murata 35% Price Increase Explained: A Capacitor that Gives AI Empire a Cold
Choosing to raise at this point in time has a clear financial incentive
MiniMax: A Henan County Youth and His 300 Billion
Money, cards, and people were scarce, yet it spurred the highest levels of engineering prowess and architectural innovation.
From Abandoned Project to Sky-High Target, Mastercorp Acquires BVNK for $1.8 Billion
The stablecoin is no longer a competitor to the card networks, but has instead been assimilated into its underlying network as a highly complementary business subset.
Is Polymarket's Pricing Accurate? I Simulated a Crisis with 200 Agents to Find Out
The more participants, the richer the discussion structure, and the more valuable the resulting signal.
A Decade of Regulation Finally Clarified, Victory for Crypto-Native Logic
Three Charts to Explain What's in This 68-Page Document
The United States Establishes the "Five Categories Law" for Cryptographic Assets: A Summary to Understand the New Regulatory Framework
Is the "Wild West" era of cryptocurrency assets officially coming to an end?
Morning Report | Mastercard plans to acquire BVNK for up to $1.8 billion; Solana Foundation launches aggregator Tokens on Solana; Bitcoin sees its first 8 consecutive rises in four years
Overview of Important Market Events on March 17
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
The privacy-focused trading ecosystem Aster, supported by YZi Labs, announced today that the Aster Chain mainnet is officially launched.
Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened
One Year Plus, Zero Employees, Zero Code
A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile
One Word Change by a Reporter Can Make Gambler Win Millions
BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'
The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Huang Renxun said this is the "ChatGPT Moment of Autonomous Driving"
RootData: February 2026 Cryptocurrency Exchange Transparency Research Report
This month's cumulative spot trading volume on cryptocurrency exchanges has decreased slightly by 4.7% compared to January, which is the result of multiple factors including market conditions, the macro environment, and the Spring Festival holiday in Chinese-speaking regions.
「One and Done SEA」, so OpenSea chooses to wait a little longer
It's already Q1 2026, and we're still waiting for OpenSea to launch its token.
Ray Dalio: The Resolution of the US-Iran Conflict Is In the Strait of Hormuz
In war, the ability to endure pain is often more important than the ability to inflict pain.
In just 70 days, Polymarket easily raked in tens of millions in fees
The money printer is running, and the future ceiling only depends on two main variables.
AI Agent Gets ID and Wallet on the Same Day | Rewire News Morning Brief
Agent infrastructure for the economy is forming faster than anyone expected
IOSG: Power Flexibility Paradigm Shift: From Macro Assets to Distributed Intelligence Layer
The power system is being asked to perform a task it was not designed to do.
Murata 35% Price Increase Explained: A Capacitor that Gives AI Empire a Cold
Choosing to raise at this point in time has a clear financial incentive
MiniMax: A Henan County Youth and His 300 Billion
Money, cards, and people were scarce, yet it spurred the highest levels of engineering prowess and architectural innovation.
From Abandoned Project to Sky-High Target, Mastercorp Acquires BVNK for $1.8 Billion
The stablecoin is no longer a competitor to the card networks, but has instead been assimilated into its underlying network as a highly complementary business subset.
Is Polymarket's Pricing Accurate? I Simulated a Crisis with 200 Agents to Find Out
The more participants, the richer the discussion structure, and the more valuable the resulting signal.
App