Crypto NewsAltcoinSantiment Draws Attention to Two Altcoins! "One Gives a Bullish Signal, The...

Santiment Draws Attention to Two Altcoins! "One Gives a Bullish Signal, The Other Offers a Buying Opportunity!"

Santiment analyzed Loopring (LRC) and Litecoin (LTC).

Follow Bitcoin Sistemi Google News Button

While there is a general downward trend in Bitcoin (BTC) and altcoins, some altcoins experience sharper declines due to the negative events they experience.

One of these was the Ethereum (ETH)-based altcoin Loopring (LRC), which was exploited for $ 5 million and experienced a sharp decline.

While LRC is one of the current issues in the market, Santiment said that the sharp decline offers a buying opportunity for bottom buyers.

When FUD was combined with the 22% drop in LRC in 4 days, Santiment said there was a buying opportunity in LRC. What Happened? Ethereum-based cryptocurrency token Loopring suffered a $5 million attack. After this attack, the LRC token experienced a sharp decline.

Litecoin (LTC) Gives a Bullish Signal!

Evaluating Litecoin, also known as digital silver, apart from LRC, Santiment said that the number of unique and active addresses in the Litecoin (LTC) network has increased.

Stating that the addresses on the network have increased rapidly and doubled since June 4, the analyst said that with the increase in network activity, the RSI has entered the opportunity zone and given an upward signal.

“While approximately 345,000 addresses were active on the Litecoin network during May, an average of 704,000 unique addresses interacted on the network last week.

“The more than doubling of active addresses and the RSI moving towards the opportunity zone could herald an LTC bounce.”

LTC continues to trade at $78.8 at the time of writing.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week