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Cryptocurrency News Articles

Litecoin (LTC) Is Down 37% From Its Recent High

Mar 28, 2025 at 03:56 am

Things are heating up across the crypto space. Litecoin (LTC) is down 37% from its recent high, and its chart suggests more weakness ahead.

Litecoin (LTC) Is Down 37% From Its Recent High

Litecoin (LTC) technical analysis is showing weakness as the price drops 37% from its recent high and activity on-chain lessens. However, long-term investors are gradually accumulating, and miners are holding onto their coins.

Meanwhile, AAVE price technical analysis grows bullish with the approved Aavenomics proposal introducing a system where users earn a share of fees for staking or locking their AAVE tokens.

Additionally, there will be a $1 million weekly buyback for the next six months to reduce token supply and promote long-term holding.

Finally, BlockDAG continues its momentum, having already raised over $207 million, sold 18.9 billion coins, and drawn 170,000 unique holders. Even better, users are collecting BDAG for free using simple tools like the X1 Miner App and the TG Tap Miner. No mining rigs or complex setup needed—just tap and earn.

Litecoin Technical Analysis Shows Weak Momentum Ahead

Litecoin technical analysis continues to display a bleak picture, especially with LTC dumping 37% from its November peak, now trading at $92.85.

Activity on-chain is decreasing, indicated by fewer active addresses, suggesting that user engagement is waning.

However, despite the LTC price drop, long-term investors are gradually adding to their holdings, evident in the Mean Dollar Invested Age steadily rising since February.

Moreover, miners' activity appears focused on accumulating and holding, with over 530,000 LTC in wallets and no signs of major selling.

Yet, LTC has slipped below the key $112.75 support and is currently forming a bearish flag pattern.

A possible death cross between the 50-day and 200-day Weighted Moving Averages could further contribute to selling pressure.

Based on current indicators, the Litecoin technical analysis suggests cautionary measures as the LTC price trends lower.

AAVE Price Forecast Turns Bullish After Buyback Plan & Wedge Pattern

AAVE price technical analysis is getting interesting as the coin crossed $180 following a major governance update.

The approved Aavenomics proposal will introduce a system where users earn a share of fees for staking or locking their AAVE tokens.

Even more importantly, there will be a $1 million weekly buyback for the next six months to reduce token supply and promote long-term holding.

This was a surprising move that went largely unnoticed but could have big implications for AAVE price technical analysis.

Chartwise, Jonathan Carter, a Blockchained Network analyst, highlights a bullish falling wedge on the 12-hour chart.

If AAVE breaks through the resistance, it could continue to rise to $193, then $230, and possibly $335.

However, support at $150-$160 must hold to maintain the current trend. Falling below could lead to a steeper decline.

Overall, the AAVE price technical analysis is showing promise, especially with the buybacks and chart patterns pointing to more upside.

BlockDAG’s Free Mining Tools Attract Thousands of New Users

While Litecoin technical analysis shows a bleak picture and AAVE technical analysis is showing promise, another project is quickly gaining serious momentum.

BlockDAG’s presale has already brought in over $207 million, moved 18.9 billion BDAG coins, and welcomed 170,000 unique holders.

This project is also seeing early adopters report returns as high as 2,380%, making it a strong contender as the best crypto to buy today.

A key part of this rise is BlockDAG’s two zero-cost earning models: the X1 Miner App and TG Tap Miner. Both are helping people collect BlockDAG coins without spending anything.

The X1 Miner App works on smartphones, so users can mine BDAG without needing any hardware or deep technical knowledge.

With more than 500,000 users already on board, this app lets people earn up to 20 BDAG per day just by tapping a button once every 24 hours.

Likewise, the Telegram-based TG Tap Miner has nearly 200,000 users who can collect Tap Points, which will convert to BDAG after the mainnet goes live.

Players earn points by completing quick games every couple of hours, making the experience fun, engaging, and cost-free.

These tools give users a front-row seat to BlockDAG’s growth. By mining early, they are joining a project on the rise—before BDAG’s value takes off in the months ahead.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord

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Other articles published on Mar 31, 2025