Litecoin reversed 13 blocks after an MWEB zero-day bug caused invalid transactions and double-spend attempts on swap protocols.
A disruption on Litecoin briefly rattled the network on Saturday. A bug in its MimbleWimble Extension Block (MWEB) execution allowed invalid transactions to slip through outdated mining nodes.
Litecoin's official account confirmed on Saturday afternoon that a zero-day bug triggered a denial-of-service attack against major mining pools, leading to a 13-block chain reorganization that reversed invalid transactions before they could settle on the main chain.
Litecoin trades at $53.81 with neutral RSI at 46.94. Technical analysis suggests LTC could reach $61-66 range if it breaks above $56.
Litecoin trades at $54.61 with neutral RSI and key resistance at $55.96. Technical analysis suggests potential breakout to $58-62 range within 4 weeks if bulls reclaim momentum.
After months of stagnation, Litecoin has begun to show signs of change, meaning that LTC momentum is becoming increasingly strong. This shift, from bearish sentiment toward a more constructive structure, marks a turning point for investors. The Relative Strength Index (RSI) stands at 58.8 points, signaling growing strength without yet entering overbought territory.
The price of Litecoin (LTC) is oscillating within a narrow range above its key support at $52.
Litecoin shows consolidation near $55 with neutral RSI at 52.68. Technical analysis suggests $61-66 upside potential by month-end, with key resistance at $57.43 acting as immediate catalyst.
Litecoin shows neutral RSI at 45.94 with bearish MACD momentum. Technical analysis suggests LTC could target $57-$62 resistance zone within 2-3 weeks if current $52 support holds.
Litecoin is showing signs of a potential breakout, as its current price structure suggests the formation of an ending diagonal, a pattern often observed near the end of a correction. With the market nearing a critical level, a confirmed move above resistance could signal the start of a new bullish phase.
Crypto analyst Shah has made a bullish case for Litecoin, predicting that it could soon witness the “most violent face-melt.” The analyst compared the projected LTC parabolic rally to the explosions that Solana, XRP, and Cardano witnessed in the past.
Litecoin trades at $54.02 with neutral RSI and key resistance at $55.61. Technical analysis suggests potential move toward $60 if bulls break current levels.