China News by Thebittimes.Com

The Litecoin price jumped 5% in the last 24 hours to trade at $112.90 as of 00:08 a.m. EST on trading volume that skyrocketed 92% to $933.4 million.   The LTC price pump made the crypto the biggest gainer among major cryptos on CoinMarketCap. Litecoin Price Aims For A Rally The LTC price has seen an impressive rally from its lows in early 2024. The Litecoin price surged past the $100 psychological level in December through a parabolic curve and reached highs near $140 before facing resistance. Recently, LTC experienced a pullback towards the $100-$105 support zone, which has acted as a strong demand area multiple times (highlighted in purple on the chart), according to data from GeckoTerminal .  This support zone aligns with the 50-day Simple Moving Average (SMA), reinforcing its importance. The price of Litecoin briefly dipped below this level but quickly rebounded, signaling strong buying interest. Additionally, a golden cross between the 50-day and 200-day ...

The Pudgy Penguins price plunged more than 12% in the last 24 hours to trade at $0.01192 as of 10:49 p.m. EST as investors dump their holdings in the meme coin on the market. With this sharp drop in the PENGU price, the crypto has emerged as the biggest 24-hour loser in the crypto market, according to CoinMarketCap. Pudgy Penguins Price Prints A Lower High 4-hour chart for PENGU/USD (Source: GeckoTerminal) The Pudgy Penguins price printed a second lower high on the 4-hour chart in the last 24 hours, resulting in the formation of a medium-term negative trend line, GeckoTerminal data shows. Now, the meme coin is resting on the support level at $0.01146. Should it drop below this technical safety net within the coming few hours, PENGU could plunge to $0.00999. On the other hand, traders identifying the crypto’s current price as a buy opportunity might lead to a more bullish scenario playing out. In this alternative case, the Pudgy Penguins price will likely attempt to breach ...

The last two weeks have seen the digital asset sector get hit with a massive correction. That has affected essentially every cryptocurrency across the board. Among the most affected is VeChain, despite the slide to $0.045, VET is still expected to enjoy a 300% increase in 2025. Despite the recent skid, there are still high hopes for the digital asset sector in the coming year. With VeChain announcing its continued collaboration with the Ultimate Fighting Championship (UFC), it should be among the biggest winners when the calendar turns. IT'S OFFICIAL 🪇 We partnered with VeChain to launch an epic campaign in LA for UFC311 – a city powered by Tesla, trails & coffee shops. It's VeBetter heaven! We will be launching some insanely cool IRL marketing – and you could witness it! Sign up via the links below pic.twitter.com/NO5xhjISsD — EVearn – Electrify Your Rewards (@EvearnB3TR) December 23, 2024 Also Read: VeChain Surges 12%: How High Will VET End 2024? VeChain to $0.1? W...