0R15 6656.0 -7.1946% 0R1E 9977.0 -1.0218% 0M69 None None% 0R2V 194.8 -5.4369% 0QYR 1542.5 -4.0734% 0QYP 366.8 -1.9776% 0RUK None None% 0RYA 1546.0 -4.2724% 0RIH 152.0 -2.8754% 0RIH 148.5 -2.3026% 0R1O 182.35 10019.3119% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 146.18 -9.7487%
0R15 6656.0 -7.1946% 0R1E 9977.0 -1.0218% 0M69 None None% 0R2V 194.8 -5.4369% 0QYR 1542.5 -4.0734% 0QYP 366.8 -1.9776% 0RUK None None% 0RYA 1546.0 -4.2724% 0RIH 152.0 -2.8754% 0RIH 148.5 -2.3026% 0R1O 182.35 10019.3119% 0R1O None None% 0QFP 10450.0 107.3413% 0M2Z 262.5 -5.303% 0VSO 35.605 -20.418% 0R1I None None% 0QZI 543.5 -7.4106% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 146.18 -9.7487%

Crypto Report

One Cryptocurrency Trading Below the Resistance Levels- Litecoin (LTC)

Feb 27, 2025

LTC
Investment Type
Crypto
Risk Level
Action
Rec. Price (US$)

Crypto Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Litecoin (LTC) is a decentralized digital currency that was introduced in 2011 as an alternative to Bitcoin. It falls under the category of 'altcoins,' which are designed to serve as alternatives to traditional digital currencies like Bitcoin. LTC has a market capitalization of ~USD 9.36 billion (as per TradingView as of February 27, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index started on a bearish note and continued its downward trend. The index fell by 184.69 points (~3.27%), closing at 5,459.17 for the week ending February 21, 2025. As the new trading week begins on February 24, the index maintains its negative momentum. The broader cryptocurrency market remains under pressure, with major assets like Bitcoin and Ethereum also experiencing declines, further reinforcing the overall bearish sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one crypto that seems ‘Bearish’ at the current level appears to be Litecoin (LTC) Perpetual Futures based on the below technical parameters: -

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