Litecoin On Bearish Momentum: 4.16% Down In The Last 6 Hours

Fibo Quantum

Litecoin is currently on bearish momentum. At 06:03 EST on Tuesday, 12 January, Litecoin is at $138.70 and down by 4.16% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $145.17 and the lower value was $138.70.

Over the last twelve hours, Litecoin’s higher value was $145.17 and the lower value was $133.97.

Concerning Litecoin’s daily highs and lows, it’s 12.755% up from its trailing 24-hour low of $123.01 and 4.457% down from its trailing 24-hour high of $145.17.

In relation to Litecoin’s yearly highs and lows, it’s 442.433% up from its 52-week low and 25.342% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was a negative 3.72%, a positive 0.96%, and a positive 3.04%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 13.43%, 13.37%, and 12.43%, respectively.

Last news about Litecoin

According to FX Empire on Monday, 11 January, “Binance Coin (-3.54%), Crypto.com Coin (-1.34%), Ethereum (-2.04%), Litecoin (-4.32%), and Ripple’s XRP (-3.16%) also struggled, however.”, “Chainlink (+18.11%) and Ethereum (+28.02%) also saw solid gains, while Litecoin rose by just 5.43%.”

News about Bitcoin

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”

According to Business Insider on Saturday, 9 January, “MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. “

I won the race to Bitcoin 40k … and so can you. According to Business Insider on Saturday, 9 January, “The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace.”

Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “Back when the Darknet Bitcoin was seized by federal agents, in January 2019, Bitcoin’s price was hovering at about $3,400. “, “The seized Bitcoin was earned through illegal drug sales on several Darknet marketplaces, according to the forfeiture complaint.”

Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. “, “Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.”

JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “That’s because competition from such a vehicle could spark outflows from the Grayscale Bitcoin Trust, the world’s largest traded cryptocurrency fund. “, “The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.”

Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. “, “The correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. “

Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “Memories of the collapse in the Bitcoin price between late 2017 and early 2019 – when it dropped from almost $20,000 to below $4,000 – are weighing on regulators’ minds.”, “The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. “

Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “

On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “Up 38% this year through Friday, Bitcoin had its best start to a year since 2012, when it surged almost 60% over the first eight days. “, “The coin’s 20-day moving average has thus far provided a support level throughout its uptrend, though Bitcoin remains overbought, according to the GTI gauge.”

Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “As long as the world is flooded with money and safe assets offer poor compensation, Bitcoin will be relevant,” Howard Wang, co-founder of Convoy Investments LLC, wrote in a Jan. 10 note. “