• bitcoinBitcoin (BTC) $ 69,357.00
  • ethereumEthereum (ETH) $ 3,713.94
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 609.48
  • solanaSolana (SOL) $ 175.17
  • staked-etherLido Staked Ether (STETH) $ 3,712.70
  • usd-coinUSDC (USDC) $ 0.999975
  • xrpXRP (XRP) $ 0.536902
  • dogecoinDogecoin (DOGE) $ 0.164532
  • the-open-networkToncoin (TON) $ 6.35
  • cardanoCardano (ADA) $ 0.495827
  • avalanche-2Avalanche (AVAX) $ 40.44
  • shiba-inuShiba Inu (SHIB) $ 0.000025
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,709.00
  • tronTRON (TRX) $ 0.123289
  • polkadotPolkadot (DOT) $ 7.54
  • bitcoin-cashBitcoin Cash (BCH) $ 511.76
  • chainlinkChainlink (LINK) $ 16.67
  • nearNEAR Protocol (NEAR) $ 7.84
  • uniswapUniswap (UNI) $ 9.42
  • matic-networkPolygon (MATIC) $ 0.723460
  • litecoinLitecoin (LTC) $ 87.54
  • fetch-aiFetch.ai (FET) $ 2.46
  • internet-computerInternet Computer (ICP) $ 13.31
  • leo-tokenLEO Token (LEO) $ 6.00
  • daiDai (DAI) $ 0.999991
  • pepePepe (PEPE) $ 0.000012
  • ethereum-classicEthereum Classic (ETC) $ 31.03
  • wrapped-eethWrapped eETH (WEETH) $ 3,848.38
  • render-tokenRender (RNDR) $ 10.93
  • hedera-hashgraphHedera (HBAR) $ 0.114653
  • aptosAptos (APT) $ 9.15
  • immutable-xImmutable (IMX) $ 2.49
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,653.77
  • cosmosCosmos Hub (ATOM) $ 8.77
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • filecoinFilecoin (FIL) $ 6.15
  • mantleMantle (MNT) $ 1.03
  • crypto-com-chainCronos (CRO) $ 0.124392
  • stellarStellar (XLM) $ 0.112028
  • the-graphThe Graph (GRT) $ 0.336184
  • blockstackStacks (STX) $ 2.16
  • kaspaKaspa (KAS) $ 0.132032
  • arbitrumArbitrum (ARB) $ 1.17
  • okbOKB (OKB) $ 51.13
  • optimismOptimism (OP) $ 2.81
  • arweaveArweave (AR) $ 44.13
  • makerMaker (MKR) $ 3,080.94
  • bittensorBittensor (TAO) $ 418.32
  • dogwifcoindogwifhat (WIF) $ 2.70
  • vechainVeChain (VET) $ 0.036190
  • suiSui (SUI) $ 1.12
  • injective-protocolInjective (INJ) $ 27.65
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • theta-tokenTheta Network (THETA) $ 2.49
  • fantomFantom (FTM) $ 0.874098
  • moneroMonero (XMR) $ 134.51
  • thorchainTHORChain (RUNE) $ 6.66
  • flokiFLOKI (FLOKI) $ 0.000217
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,100.96
  • bonkBonk (BONK) $ 0.000031
  • lido-daoLido DAO (LDO) $ 2.21
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,811.99
  • galaGALA (GALA) $ 0.043121
  • celestiaCelestia (TIA) $ 9.56
  • sei-networkSei (SEI) $ 0.567545
  • pyth-networkPyth Network (PYTH) $ 0.447961
  • jupiter-exchange-solanaJupiter (JUP) $ 1.18
  • coredaoorgCore (CORE) $ 1.79
  • bitget-tokenBitget Token (BGB) $ 1.13
  • algorandAlgorand (ALGO) $ 0.187432
  • whitebitWhiteBIT Coin (WBT) $ 10.02
  • flowFlow (FLOW) $ 0.956461
  • aaveAave (AAVE) $ 96.16
  • quant-networkQuant (QNT) $ 97.79
  • starknetStarknet (STRK) $ 1.21
  • beam-2Beam (BEAM) $ 0.027850
  • bitcoin-svBitcoin SV (BSV) $ 68.78
  • akash-networkAkash Network (AKT) $ 5.78
  • ondo-financeOndo (ONDO) $ 0.923925
  • singularitynetSingularityNET (AGIX) $ 1.03
  • ethenaEthena (ENA) $ 0.862359
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 2.11
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.46
  • cheeleeCheelee (CHEEL) $ 20.32
  • flare-networksFlare (FLR) $ 0.028302
  • axie-infinityAxie Infinity (AXS) $ 7.85
  • neoNEO (NEO) $ 15.75
  • elrond-erd-2MultiversX (EGLD) $ 41.05
  • chilizChiliz (CHZ) $ 0.123600
  • gatechain-tokenGate (GT) $ 8.17
  • worldcoin-wldWorldcoin (WLD) $ 4.96
  • msolMarinade Staked SOL (MSOL) $ 208.11
  • the-sandboxThe Sandbox (SAND) $ 0.465383
  • ecasheCash (XEC) $ 0.000052
  • wormholeWormhole (W) $ 0.566922
  • eosEOS (EOS) $ 0.867747
  • roninRonin (RON) $ 3.06
  • zebec-protocolZebec Protocol (ZBC) $ 0.019384
  • jasmycoinJasmyCoin (JASMY) $ 0.020213
  • tezosTezos (XTZ) $ 0.987904
  • safeSafe (SAFE) $ 2.27
  • kucoin-sharesKuCoin (KCS) $ 10.06
  • pendlePendle (PENDLE) $ 6.24
  • havvenSynthetix Network (SNX) $ 2.92
  • conflux-tokenConflux (CFX) $ 0.237381
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,731.57
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,717.30
  • aioz-networkAIOZ Network (AIOZ) $ 0.842959
  • mina-protocolMina Protocol (MINA) $ 0.829305
  • ordinalsORDI (ORDI) $ 42.68
  • gnosisGnosis (GNO) $ 341.25
  • ribbon-financeRibbon Finance (RBN) $ 0.898315
  • decentralandDecentraland (MANA) $ 0.465004
  • book-of-memeBOOK OF MEME (BOME) $ 0.012165
  • lido-staked-solLido Staked SOL (STSOL) $ 209.01
  • apecoinApeCoin (APE) $ 1.30
  • nexoNEXO (NEXO) $ 1.42
  • heliumHelium (HNT) $ 4.84
  • echelon-primeEchelon Prime (PRIME) $ 19.49
  • kavaKava (KAVA) $ 0.702769
  • iotaIOTA (IOTA) $ 0.230971
  • frax-etherFrax Ether (FRXETH) $ 3,712.84
  • nervos-networkNervos Network (CKB) $ 0.016939
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.82
  • usddUSDD (USDD) $ 0.996394
  • theta-fuelTheta Fuel (TFUEL) $ 0.109216
  • klay-tokenKlaytn (KLAY) $ 0.186365
  • dexeDeXe (DEXE) $ 12.07
  • swethSwell Ethereum (SWETH) $ 3,903.93
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,961.45
  • livepeerLivepeer (LPT) $ 21.05
  • blurBlur (BLUR) $ 0.415877
  • ocean-protocolOcean Protocol (OCEAN) $ 1.04
  • bitcoin-goldBitcoin Gold (BTG) $ 38.21
  • axelarAxelar (AXL) $ 0.994710
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.16
  • fraxFrax (FRAX) $ 0.996362
  • woo-networkWOO (WOO) $ 0.338894
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000030
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000109
  • oasis-networkOasis Network (ROSE) $ 0.091994
  • fasttokenFasttoken (FTN) $ 1.97
  • illuviumIlluvium (ILV) $ 93.52
  • tether-goldTether Gold (XAUT) $ 2,424.41
  • mantra-daoMANTRA (OM) $ 0.730786
  • dydxdYdX (ETHDYDX) $ 2.11
  • notcoinNotcoin (NOT) $ 0.005732
  • pepecoin-2PepeCoin (PEPECOIN) $ 5.08
  • curve-dao-tokenCurve DAO (CRV) $ 0.483633
  • osmosisOsmosis (OSMO) $ 0.887974
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 4,019.71
  • golemGolem (GLM) $ 0.559527
  • arkhamArkham (ARKM) $ 2.48
  • xdce-crowd-saleXDC Network (XDC) $ 0.035994
  • wemix-tokenWEMIX (WEMIX) $ 1.49
  • astarAstar (ASTR) $ 0.094314
  • aerodrome-financeAerodrome Finance (AERO) $ 1.16
  • true-usdTrueUSD (TUSD) $ 0.999565
  • enjincoinEnjin Coin (ENJ) $ 0.349268
  • iotexIoTeX (IOTX) $ 0.053539
  • jito-governance-tokenJito (JTO) $ 4.15
  • memecoin-2Memecoin (MEME) $ 0.027013
  • raydiumRaydium (RAY) $ 1.89
  • superfarmSuperVerse (SUPER) $ 1.10
  • 1inch1inch (1INCH) $ 0.428513
  • skaleSKALE (SKL) $ 0.094652
  • apenftAPENFT (NFT) $ 0.00000049
  • celoCelo (CELO) $ 0.897348
  • 0x0x Protocol (ZRX) $ 0.570850
  • ether-fiEther.fi (ETHFI) $ 4.16
  • stader-ethxStader ETHx (ETHX) $ 3,806.91
  • radixRadix (XRD) $ 0.045478
  • dymensionDymension (DYM) $ 2.77
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • stepnGMT (GMT) $ 0.228977
  • ankrAnkr Network (ANKR) $ 0.046073
  • mx-tokenMX (MX) $ 4.65
  • arcblockArcblock (ABT) $ 4.61
  • polymeshPolymesh (POLYX) $ 0.429202
  • zilliqaZilliqa (ZIL) $ 0.024583
  • altlayerAltLayer (ALT) $ 0.331023
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008812
  • compound-ethercETH (CETH) $ 74.65
  • venomVenom (VENOM) $ 0.268851
  • pax-goldPAX Gold (PAXG) $ 2,408.61
  • based-brettBrett (BRETT) $ 0.052019
  • metis-tokenMetis (METIS) $ 77.27
  • ravencoinRavencoin (RVN) $ 0.031224
  • zetachainZetaChain (ZETA) $ 1.61
  • rocket-poolRocket Pool (RPL) $ 20.93
  • nosanaNosana (NOS) $ 5.10
  • holotokenHolo (HOT) $ 0.002389
  • compound-governance-tokenCompound (COMP) $ 61.76
  • siacoinSiacoin (SC) $ 0.007349
  • project-galaxyGalxe (GAL) $ 3.64
  • terra-luna-2Terra (LUNA) $ 0.602791
  • biconomyBiconomy (BICO) $ 0.527425
  • qtumQtum (QTUM) $ 3.88

This Is How Litecoin (LTC) Investors Could Trigger a Correction

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Litecoin (LTC) price is observing the formation of a bearish pattern in the short-term timeframe that could result in a decline.

LTC holders could prevent this, but given their recent actions, the probability of this happening is less likely.

Litecoin Investors Need Motivation

Any asset’s investors tend to have an influence on the direction of the price action, and such is the case with Litecoin’s price as well. The silver to Bitcoin’s gold is currently moving within a bearish pattern, and instead of being the rescuer, the investors might end up triggering the decline.

This is because their participation in the network has been very low. Whales have been making relatively minimal transactions, one of the most important cohorts of investors, and their flows have been flat for weeks.

On average, large wallet holder flows have averaged between 100,000 and 256,000 LTC since February. Only one spike of inflows of 2.02 million LTC worth $170 million was recorded in this duration.

This Is How Litecoin (LTC) Investors Could Trigger a Correction

Litecoin Whale Netflows. Source: IntoTheBlock

But it’s not just whales that are not making a move on the network. The participation of retail LTC holders has also been nominal. This is evident from the active addresses. The investors conducting transactions on a daily basis have dipped from 386,000 at the beginning of March to 299,000 today.

This Is How Litecoin (LTC) Investors Could Trigger a Correction

Litecoin Active Addresses. Source: IntoTheBlock

This is the lowest recorded participation since November 2023, which exhibits a lack of confidence and conviction among LTC holders. Litecoin could have a shot at recovery should this change, but the potential outcome is bearish for now.

LTC Price Prediction: Rising Wedge to Bring Litecoin Down

Litecoin’s price is presently at $84, stuck in the rising wedge, testing the lower trend line at the moment. A rising wedge is a bearish chart pattern formed by converging trendlines with higher highs and higher lows. Often, a potential breakdown from this pattern signals a reversal of the uptrend.

Should this happen to Litecoin as well, the cryptocurrency could end up falling down to test the support marked at $77.35. This support has not only been tested in the past but is also the potential target for LTC, marking an 8% decline.

This Is How Litecoin (LTC) Investors Could Trigger a Correction

LTC/USDT 4-hour chart. Source: TradingView

However, if Litecoin’s price manages to keep up with the ongoing rise, it could breach the resistance marked at $86. The bearish thesis could then be invalidated. This could push the altcoin further up so that it can continue reclaiming the losses registered recently.

Source

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