Litecoin Price Prediction: LTC Surges 13% After The CFTC Says It’s A Commodity And This World-First AR/VR Blasts Past $3M

The
Litecoin
price
surged
13%
in
the
past
24
hours


to
trade
at
$109

as
of
6:55
p.m.
EST
on
a
148%
leap
in
trading
volume
to
$1.95
billion.

This
leap
made
Litecoin
the
top
gainer
among
the
top
100
performing
cryptos
after
the
Commodities
Futures
Trading
Commission
(CFTC)
said
the
token
is
a
commodity.

The
CFTC
made
the
remark
in
a
a
lawsuit
against
crypto
exchange
KuCoin,
a
comment
that
is
positive
for
the
token
because
it
suggests
it
is
outside
the
regulatory
reach
of
the
the
Securities
and
Exchange
Commission
(SEC),
which
has
waged
a
war
against
cryptocurrencies.

Litecoin
Price
Sees
A
Parabolic
Turn
Surpassing
The
March
11
High

LTCUSDT
Analysis
By
Tradingview

The
Litecoin
price
indicates
a
gradual
uptrend
breaking
out
of
a
consolidation
channel.
This
allowed
the
bulls
to
bounce
back
from
losses
around
the
$70
support
level,
pushing
the
price
to
$105
on
March
11. 

However,
the
momentum
faced
rejection
at
this
point,
leading
to
a
downward
trend
that
saw
the
bulls
retreat
to
the
$77
support
level.
Fortunately,
this
support
zone
has
proven
resilient,
empowering
the
bulls
to
regain
charge
and
drive
the
price
up.
As
a
result,
the
price
has
exceeded
the
resistance
level
of
$105
and
currently
ranges
between
$105
and
$109.

The
price
indicators
are
also
bullish,
with
the
Relative
Strength
Index(RSI),
surging
from
43
below
the
50
midline
level
to
69.
Increased
momentum
should
push
it
into
the
overbought
level
of
70.

The
bulls
have
also
pushed
the
price
above
the
50-day
and
200-day
simple
moving
averages
(SMAs).
The
moving
average
cross
at
$70
further
affirms
the
general
bullish
momentum.

Litecoin
Price
Bulls
Eye
$130
High

There
is
potential
for
the
price
to
continue
the
bullish
momentum,
presenting
an
opportunity
for
bullish
investors
with
a
potential
58%
increase
to
$130
from
its
current
price.

Conversely,
bears
may
intervene,
initiating
a 
bearish
sentiment
and
applying
downward
pressure
towards
the
$94
support
zone.
In
this
case,
investors
with
a
bearish
outlook
on
LTC
may
seek
to
profit
from
potential
declines.

While
investors
are
considering
the
best
entry
levels
for
Litecoin
(LTC),
the
5SCAPE
token
is
experiencing
a
significant
surge
in
its
presale
phase,
presenting
an
attractive
investment
opportunity
for
investors
looking
for
potentially
lucrative
returns.

5SCAPE
Roars
Past
$3
Million:
Best
100X
Crypto
To
Buy
Now?

5thScape

is
making
waves
with
its
presale
rocketing
past
$3
million. 5SCAPE
is
a
pioneering
AR/VR
mixed-reality
crypto
platform,
seizing
the
momentum
generated
by
the
Apple
Vision
Pro
launch.

The
project
is
focused
on
revolutionizing
the
gaming
industry
by
combining
blockchain
technology
with
virtual
reality
(VR).

5thScape,
the
cutting-edge
crypto
project
poised
to
revolutionize
augmented
and
virtual
reality,
offers
investors
an
opportunity
to
dive
into
the
future
of
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gaming.

With
plans
for
innovative
VR
hardware
and
a
diverse
range
of
games,
including
Cage
Conquest
and
Epic…

pic.twitter.com/FaIicOGq3w

—
5th
Scape
(@5th_scape)

March
23,
2024

The
5thScape
team
is
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gearing
up
to
create
a
complete
VR/AR
ecosystem
encompassing
game
development,
animation,
and
specialized
hardware
manufacturing.
These
efforts
aim
to
ensure
the
project
achieves
widespread
adoption
in
the
market.

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Leaving
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pic.twitter.com/ZOkwg8s34E

—
5th
Scape
(@5th_scape)

March
26,
2024

YouTuber
Oscar
Ramos
says
5SCAPE
has
”everything
I
look
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a
presale.” 

5SCAPE
is
currently
priced
at
$0.00248
per
token,
but
a
price
increase
of
almost
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is
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in
just
over
a
day.
With
the
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price
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Join
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to
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You
can
also
use
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bank
card.

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