Litecoin (LTC) is currently trading at $64 and has seen a 1.5 percent rise in the last 7 days. The digital asset has been mirroring Bitcoin’s price movement and is looking to break out of the $70 local resistance. Investors have placed orders to buy 234,370 LTC when the price drops 5 percent to hit $63 and 230,490 LTC traders have set selling orders if the price rises by 5 percent to reach $69.The altcoin has been underperforming since the August halving, hitting a new 2023 bottom of $58 on September 12. However, its fundamentals have only gotten stronger and the upcoming Litecoin birthday celebration on October 8th could offer a bullish sentiment and outlook for the community.Coinbase is a trusted crypto exchange that allows users to buy Litecoin easily and with low fees via PayPal and credit card. The exchange is regulated by the SEC and FINRA in the USA, and by CySEC and FCA in Europe.
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Information |
Details |
Geography |
North America |
Countries |
|
Sentiment |
positive |
Relevance Score |
8 |
People |
SEC, Charlie Lee, FCA, CySEC, FINRA |
Companies |
SEC, Coinbase, FCA, eToro, CySEC, FINRA |
Currencies |
Ethereum, Bitcoin, Litecoin |
Securities |
None |