TRENDING:

XAU/USD

Silver

LTC/USD Technical Analysis - Price recovery on the way as bulls rally together

LTC/USD daily chart shows that the market is on the verge of a breakout.
The bulls have taken over the market after the bearish drop that affected the entire cryptospace.

Rajarshi Mitra Independent Analyst

LTC/USD is on the path to recovery after its price fell nearly 6% following the bearish drop in the crypto market. The bulls have taken over and price recovery is well on its way.

LTC/USD daily chart

LTC/USD daily chart shows that the market is on the verge of a breakout from the triangle.
Bulls are using the $32.50 support line to break past bearish resistance.

LTC/USD 4-hour chart

The LTC/USD 4-hour chart shows that bulls have broken past resistance at $33.
The last two sessions are floating towards the middle of the 20-day Bollinger band, indicating a bullish market.

LTC/USD hourly chart

The hourly chart confirms that bulls are past the $33 support line and are aiming to break past resistance at $33.50.
The relative strength index (RSI) was in the undersold territory but is now rising towards the overbought area. This once again shows that LTC/USD bulls are in full form.

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.