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Popular crypto strategist and trader Michaël van de Poppe is looking at two altcoins that he says are potentially flashing reversal signals.
In a new strategy session, Van de Poppe tells his 149,000 YouTube subscribers that Litecoin could be forming a bullish higher-low setup against Bitcoin (LTC/BTC) at 0.0033 BTC or $190.38.

“Even Litecoin might be a great one at this point as we are seeking for a higher low to be taking place. And when we go back in history and we create such a higher low, it is an argument to start running.
And back in history, we also know that in the first quarter of the year, Litecoin does really well.”
Van de Poppe highlights that Litecoin tends to ignite rallies at the start of the year as seen in Q1 of 2015 and the first quarters of 2017 to 2020.
Another coin on the trader’s list is Cosmos, a project dubbed as “the internet of blockchains.” According to Van de Poppe, Cosmos may be at the end of its corrective move against Bitcoin (ATOM/BTC) as it finds support at 0.00041 BTC ($23.65).
“It has seen a beautiful move. Currently correcting heavily. We might be correcting a little bit more but after such a heavy correction, as it has been doing here, the Bitcoin pair shows a period where we could be starting to have a reversal.
And as you know, December is often a beautiful period for altcoins.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.



Featured Image: Shutterstock/A G Baxter/Vladimir Sazonov
The post Litecoin and One Under-the-Radar Altcoin Could Be Carving Out Bottoms, Says Crypto Analyst Michaël van de Poppe appeared first on The Daily Hodl.


Popular crypto strategist and trader Michaël van de Poppe is looking at two altcoins that he says are potentially flashing reversal signals. In a new strategy session, Van de Poppe tells his 149,000 YouTube subscribers that Litecoin could be forming a bullish higher-low setup against Bitcoin (LTC...

dailyhodl.com

Litecoin and One Under-the-Radar Altcoin Could Be Carving Out Bottoms, Says Crypto Analyst Michaël van de Poppe

Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. 
Ethereum-Based Investment Product Trade Volumes Increase
Every month Cryptocompare publishes a research report that covers the cryptocurrency investment product landscape. The investment products are ETPs tethered to today’s top crypto assets globally such as Grayscale’s GBTC and ETHE funds. Cryptocompare’s Digital Asset Management Review November report explains that ETPs tied to ethereum (ETH), litecoin (LTC), and solana (SOL) saw better returns during a 30-day time frame ending on November 19.
“The majority of AUM for trust products continues to reside in Grayscale’s Bitcoin (GBTC – $38.1bn – down 10.1% since October) and Ethereum (ETHE – $12.9bn– up 3.6%) products,” Cryptocompare’s report discloses. “ETC Group’s BTCE product regained the position of highest AUM ETN/ETF product with a gain of 1.2% to $1.5bn. This was followed by Purpose’s Bitcoin ETF (BTCC) and 3iQ Coinshares’ Bitcoin ETF (BTCQ) which fell 6.5% and 10.1% to $1.4bn and $1.2bn respectively,” the Cryptocompare researchers add.

Aggregate of Crypto-Based ETP Daily Trade Volumes Slid by 13% — Litecoin and Solana ETPs Outperform Bitcoin Investment Products
The research highlights that overall, crypto-based ETP daily volumes slid by 13% but popular ETH-based ETP volume rose. “Average daily trading volumes across all digital asset investment product types fell by an average of 13% from October to $732mn/day,” the study highlights. Cryptocompare’s report notes that Bitcoin-based investment products “performed poorly,” while LTC and SOL-based ETPs did well. Grayscale’s basket fund which contains some of the largest market cap coins returned -15.5%, Cryptocompare detailed.
“BTC-based investment products generally saw negative returns in November, led by ETC Group’s BTCE product which returned -13.1%. Similarly, Grayscale’s GBTC trust returned -10.2%,” Cryptocompare’s November study explains. “The best performing investment product was Valour’s BTCZERO product, which returned -6.6%. On the other hand, alternative coins-based products saw positive returns throughout the month, led by 21Shares’ ASOL (Solana-based product) and Grayscale’s LTCN (Litecoin-based product), which returned 22.0% and 14.9% respectively,” Cryptocompare’s report concludes.
What do you think about the bitcoin investment products’ performances compared to alternative crypto asset ETP market performances? Let us know what you think about this subject in the comments section below.



























Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm&#x2019;s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative...

news.bitcoin.com

Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November

When Movie theater chain AMC added crypto payment options in September, the company must have surely planned for success but maybe not quite as fast. Now barely two months after however, the company has started accepting payments in Bitcoin, Litecoin, Bitcoin Cash and Ethereum, and according to the CEO, the crypto payments have been confirmed to represent no less than 14% of the company’s total online transactions.
AMC CEO Expressed Delight, Hints At Additional Payment Option
Taking to his Twitter page, CEO of AMC Adam Aron said that the company has delivered on its promise to integrate many payment options. In his list, he mentioned Bitcoin, Litecoin, Bitcoin Cash and Ethereum, and then added PayPal, Google Pay, and Apple Pay as other payment options that AMC is now accepting. Interestingly, “they already account for 14% of our total online transactions”, says Aron. Truthfully, this goes to show a laudable increase in crypto adoption by customers of AMC customers.
Aron didn’t stop there. He also hinted at later addition of Dogecoin as a payment method in the concluding part of his tweet, saying “Dogecoin next.”
Recall that soon after integrating the crypto payment options in September, the AMC CEO conducted a Twitter poll seeking the opinions of users on whether the firm should also accept payments in the meme coin.
That poll saw an unbelievable number of response in favor. But even though the firm added DOGE as a payment option for its digital gift cards since last month, it still hasn’t introduced Dogecoin as a fully-fledged option for payments such as for online tickets.
AMC Sees Meme Stock Rise
2021 has been a great one for AMC, with the firm seeing its fortunes change for good in the “meme stock” boom alongside video game retailer GameStop.
Starting the year at a price of about $3, it caught the eyes of retail investors on platforms like Reddit, which saw it hitting highs of over $60 in June. Though it has retraced since then, but presently, it’s trading at around $40 a share.
 
The post AMC Records Huge Success With Crypto Payment Option, As Meme Stock Surges appeared first on Coingape.


When Movie theater chain AMC added crypto payment options in September, the company must have surely planned for success but maybe not quite as fast. Now barely two months after however, the company has started accepting payments in Bitcoin, Litecoin, Bitcoin Cash and Ethereum, and according to t...

coingape.com

AMC Records Huge Success With Crypto Payment Option, As Meme Stock Surges

Is it still a good time to enter Litecoin (LTC)? On-chain metrics from intotheblock.com for Litecoin (LTC) and at press time show that 92% of holders are making money at the current price with about 49% concentration of large holders. The Litecoin network also maintains a tokeninsight rating of “BBB”, which considers the network as stable at 98.1697%.
Although there’s a close correlation with Bitcoin at 0.84, the LTCBTC price chart below shows an increase in demand for LTC against Bitcoin at the time of this report. 
Let’s analyze the demand and supply scenario for LTC on the LTCBTC and LTCUSDT price charts.
Litecoin Price Prediction: LTCBTC Monthly Charts

Pairing the LTC against BTC, the above chart reveals a regular bullish divergence from a monthly scale which also corresponds with a similar bullish divergence on the weekly time, both happening simultaneously, and indicates massive demand for Litecoin against Bitcoin into the coming weeks.
Read on as we uncover the significant chart patterns and price levels driving the LTCUSDT crypto pair.
Litecoin Price Prediction: LTCUSDT Weekly Charts

A hidden bullish divergence formation fixed the LTCUSDT support at $103.80 on 19 July ’21 before transferring control to the bulls for about a 120% price hike before making another correction.
The 27 September ’21 bear trap pattern fixed higher support [$129.70] price above the $103.80 price floor followed by a series of hidden inside bar candlestick patterns that lasted for another five weeks before the price surge presently at play.
Litecoin Price Prediction: LTCUSDT Daily Charts

The Litecoin vs. USDT from the daily time frame resumed the uptrend after a regular bullish divergence on 28 September ’21 and sustained the uptrend by flagging a hidden bullish divergence on 27 October ’21 while the RSI prints higher values above level-25.
We expect to scale into the current uptrend after a price pull-back which will be visible with RSI values hovering between level-25 and level-75 on the daily time frame, or drop below level-25 on the 4HR time frame.
Let’s move a step lower to the 4HR time frame.
Litecoin Price Prediction: LTCUSDT 4 Hr Charts

Oversold levels on the 4hR time frame have proved to be good estimates of the higher RSI values above level-25 on the daily time frame as shown on the above chart, specifically 27 October 08:00 and 06 November 08:00.
However, considering the recent high volatility which can be seen with the RSI printing consecutive higher values above level-75, it is safe to say that the coming entry signals will be triggered by oversold levels on the 1HR time frame, and not forgetting to place a stop-loss order at a safe distance below the entry-level.
The current bullish outlook across multiple time frames on the LTCUSDT crypto pair could last all through Q4 ’21 since the LTC also sees higher demand against Bitcoin BTC, the number one crypto asset.
The post Litecoin Price Prediction: Is it Too Late to Enter LTC Bull Run? Here Are Next Levels to Watch for Entry appeared first on Coingape.


Is it still a good time to enter Litecoin (LTC)? On-chain metrics from intotheblock.com for Litecoin (LTC) and at press time show that 92% of holders are making money at the current price with about 49% concentration of large holders. The Litecoin network also maintains a tokeninsight rating of &...

Litecoin Price Prediction: Is it Too Late to Enter LTC Bull Run? Here Are Next Levels to Watch for Entry

AMC Theatres is on the verge of integrating the option for customers to pay for movie tickets using Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE), into its technical infrastructure. But that’s not all.
In the early hours of Friday, company CEO, Adam Aron took to his Twitter page to ask if users would be potentially interested in paying with Shiba Inu as well. At the time of writing, more than 98,000 Twitter users had already taken part in the poll, with approximately 86% of voters indicating their interest.
The prominent AMC theatres chain has been showing serious interest in crypto in recent times. Just a week ago, the CEO was discussing the potential of issuing a company-specific crypto. Earlier this month as well, AMC enabled its users to purchase digital gift cards via Dogecoin and other cryptocurrencies with the use of BitPay wallet. Last month whole speaking in an interview with CNBC, Aron also expressed interest in minting commemorative movie tickets as NFTs.
Meanwhile, Shiba Inu overtook Dogecoin on Friday, to become the world’s ninth-largest cryptocurrency in terms of market capitalization. Whereas,  Etherscan also revealed the daily number of Shiba Inu transactions has surpassed 140,000, just a little below its all-time high of 172,411 daily transactions that was achieved back in n May.
Following the Shiba Inu’s recent record run-up, its ecosystem has now expanded to include ShibaSwap, a decentralized exchange DEX. Data from defillama says that total value locked on ShibaSwap amounts to $537.92 million. And according to CoinGecko, there are currently no fewer than 29 coins listed on ShibaSwap, with $236 million worth of coins or thereabouts, changing hands in the last 24 hours.
Now, other than its foundational token, Shiba Inu, ShibaSwap also features two more tokens. There is the Bone ShibaSwap, which is used in voting on governance protocols put forward by developers. Then there’s the Doge Killer, used in providing trading liquidity on the DEX.
The post AMC Theatres CEO reportedly considering Shiba Inu as ticket payment option appeared first on Coingape.


AMC Theatres is on the verge of integrating the option for customers to pay for movie tickets using Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE), into its technical infrastructure. But that&#8217;s not all. In the early hours of Friday, company CEO, Adam Aron took to his Twi...

Litecoin price	$205.30
Low - High 24H	$195.74 - $208.86
Market cap	$14.18B
Volume 24H	$1.60B
All time high	$410.26 -49.97% May 10th 2021
All time low	$1.15 17764.54% January 14th 2015
Genesis date	N/A

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