Litecoin Gains in Value While Cardano Sputters

Friday, November 5, 2021 at 8:03pm

CoinOpinion's cryptocurrency watchlist highlights: Litecoin and Cardano 



Litecoin LTC/USD 

Entry price $197.40

Stop loss $185.00 

Short term Target $250 


According to, “On-chain activity on the Litecoin network hit a peak after the launch of the altcoin's debit card. Litecoin cardholders can now spend the altcoin at nearly 50 million merchants worldwide”.


Litecoin is the second most used coin on the BitPay platform. 



Cardano ADA/USD 

Entry price $2.375

Stop loss $2.25 

Short term Target $1.50


Solana (SOL) replaces Cardano (ADA) in top 5 cryptocurrencies by market cap. This displacement has made short term bearish on ADAUSD.