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On-chain data shows the Litecoin MVRV has been at relatively high levels recently, something that could be bearish for the cryptocurrency. Both 30-Day & 365-Day Litecoin MVRV Ratios Are High Currently According to data from the on-chain analytics firm Santiment, LTC traders are well above water at the moment. The “MVRV ratio” is an indicator [...]
The post Litecoin’s MVRV Has Surged, Why This Is Bearish appeared first on Crypto Breaking News.
On-chain data shows a Litecoin whale has made a large deposit to cryptocurrency exchange Binance, which could add to the coins decline. Litecoin Whale Has Transferred 100,000 LTC To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Litecoin network during the past [...]
The post Litecoin Whale Deposits Big To Binance, LTCs 3% Drop To Extend? appeared first on Crypto Breaking News.
On-chain data shows a Litecoin indicator is currently showing a pattern that has historically been bearish for the cryptocurrency’s price. Litecoin 30-Day MVRV Ratio Has Registered A Surge Recently As pointed out by an analyst on Twitter, the 30-day MVRV ratio has spiked towards the 35% mark recently. The “Market Value to Realized Value (MVRV) [...]
The post Historical Litecoin Bearish Signal Goes Off, Correction Incoming? appeared first on Crypto Breaking News.
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