Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin Extreme greed is here – Time to be a contrary?

2025-05-23

Bubblemaps V2 goes live on BNB chain, unlocking deep tok transparency

2025-05-23

Bitcoin Open interest rates a record of $ 80 billion as the price falls below $ 111k

2025-05-23
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Bubblemaps V2 goes live on BNB chain, unlocking deep tok transparency

    2025-05-23

    FIFA to build his own blockchain on avalanche

    2025-05-23

    The graph makes safe cross-chain transfers from GRT possible with CCIP from Chainlink

    2025-05-23

    Unmarshal partners with GPTverse to bring real-time blockchain data to AI-ecosystem

    2025-05-23

    Eni and Certik Partner to elevate Node Security and Decentralized Trust in Web3 Space

    2025-05-23
  • NFT

    Alchemy acquires NFT Launchpad Heymint to speed up the development of Smart Wallet

    2025-05-23

    Delorean launches a car marketplace on the chains with Patrick Stewart

    2025-05-23

    Beratone NFT Avatars are now live on OpenSea

    2025-05-23

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bulls Eye $ 2.50 with Bullish Stailwind in the game

    2025-05-23

    Indicators show that the retail trade remains offside as a bitcoin trade at new highlights

    2025-05-23

    Kraken Taps Solana Blockchain to roll out tokenized US shares and ETFs for non-American traders

    2025-05-23

    Dogecoin (doge) gets hot: hints on his head in the event of a large outbreak forward

    2025-05-23

    Crack to launch 24/7 trade for Tokenized US shares via Solana

    2025-05-23
  • Learn

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Litecoin Flashing Bullish Signal As Whales and Sharks Accumulate LTC, Says Santiment – But There’s a Catch
Analysis

Litecoin Flashing Bullish Signal As Whales and Sharks Accumulate LTC, Says Santiment – But There’s a Catch

2023-08-11No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto analytics platform Santiment says that Litecoin (LTC) is flashing bullish after its August 2nd halving event.

In a new video strategy session, Santiment’s director of marketing Brian Quinlivan says that it appears the peer-to-peer payments network is forming a bullish divergence as sharks and whales continue to accumulate LTC as price dips.

“I like looking at holders that have anywhere between, let’s say 100 all the way to 100,000 Litecoin. And it actually looks like they’re still accumulating a bit. So this is decent to see. This was about 10 days before the halving, they were holding about 42.4%. They’ve added about a half percentage of the entire supply to their collective wallets.

In terms of the absolute amount of coins that they hold, these key sharks and whales, they are back up to holding 31.5 million. This is the highest amount that they’ve held all year long. We’ve got to go back to 2022 here, and they’re still above the line. They’re continuing to go up. This is a good sign for Litecoin.

You’ve got the price, kind of moving down like this, while shark and whale holdings are doing something more [upwards] like that. That’s a bullish divergence in my opinion. It does show that on the very long-term scale, Litecoin does still have some viability to go on a bit of a run, maybe by the end of the year. Maybe sometime in 2024.”

Quinlivan also looks at Litecoin’s 30-day market value to realized value (MVRV), which traders use to detect overbought or oversold conditions. He says that the MVRV indicates Litecoin will likely need to dip in the near term to find a market bottom, before making a bounce to the upside.

See also  Crypto Trader Says New All-Time Highs for Two Incoming Altcoins, Warns of Solana

“Despite the decline, 30-day traders are still up about 11% or so, while 365-day traders are up 0.6%, which is essentially even. So, we would ideally like to see… long-term and the short-term under this zero axis indicating they are underwater…

When they’re both underwater at the same time, this is where bottoms form and it’s a good signal to jump into the asset. So I think that right now there still needs to be a little more cooling off, despite the fact that since this top, since July 2nd price has dropped 26%, but it may have a little more dropping to do just to get the 30-day average trading returns down into the negatives and then you’ve got a really good setup to buy at a premium or a very low risky timeframe.”

Litecoin is trading for $82.98 at time of writing, down 1.3% in the last 24 hours.

I

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney



Source link

#LTC Accumulate Bullish Catch Flashing Litecoin Santiment Sharks Signal Whales
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bulls Eye $ 2.50 with Bullish Stailwind in the game

2025-05-23

Indicators show that the retail trade remains offside as a bitcoin trade at new highlights

2025-05-23

‘Altcoin season:’ Hyperliquid Whale’s prediction as Bitcoin is approaching $ 120k

2025-05-23

Kraken Taps Solana Blockchain to roll out tokenized US shares and ETFs for non-American traders

2025-05-23
Add A Comment
Leave A Reply Cancel Reply

Top Posts

NFT sales rise 24% as Ethereum takes the lead this week

2024-08-24

Will bullish momentum or bearish pressure prevail?

2023-09-26

OpenSea is working on a 2.0 platform upgrade for tracking Solana NFTs and ordinal numbers

2024-01-15
Editors Picks

Cardano Price Analysis: Has the ADA price bottomed out?

2023-06-18

Is NEAR’s recent price increase just the beginning?

2024-09-20

Microsoft Shareholders Say NO to Bitcoin Due to Volatility Concerns

2024-12-11

JPMorgan Chase Customer Furious After $49,500 Debited From Bank Account – Victim Says Trillion-Dollar Lender Was Immediately Alerted and Failed Miserably

2024-02-24
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin Extreme greed is here – Time to be a contrary?

Bubblemaps V2 goes live on BNB chain, unlocking deep tok transparency

Bitcoin Open interest rates a record of $ 80 billion as the price falls below $ 111k

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%
  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%