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$LIT 📊 LIT/USDT Technical Analysis: Breakout or Pullback? 🚀 The LIT/USDT pair is currently trading at $1.082, showing signs of steady movement within a key range. Traders are eyeing potential opportunities as the price approaches critical levels. Let’s break it down! 🔑 Key Levels to Watch: Support: Immediate support lies at $1.05, a crucial level where buyers have stepped in previously. A bounce from here could signal a continuation of upward momentum. Resistance: Strong resistance sits at $1.10. A breakout above this level could trigger a move toward $1.15 or higher, opening up room for bulls. 📈 Entry Strategy: Long Position: A confirmed breakout above $1.10 could signal strength, with a target of $1.15 and beyond. Watch for volume spikes to confirm the move. Short Position: If the price fails to clear $1.10 and retraces toward $1.05, traders could consider short opportunities targeting support at $1.00. 💡 Market Insight: LIT/USDT is showing consolidation around the $1.08 level. This signals indecision, but a breakout above resistance could attract fresh buyers and strong momentum. Conclusion: Keep a close eye on the $1.10 resistance zone. A breakout could unleash further gains, while a rejection might bring short-term pullbacks. Stay ready and trade smart! 🚀📊

Litecoin (LTC) has gained by more than 50% over the past month, mirroring the widespread gains across the altcoin market. However, despite this rally, some analysts actually believe that Litecoin may be dead. In an X post, popular analyst Ali Martinez noted that LTC is now trading at the same price as back in 2017. Moreover, he argued that it now lacks strong fundamentals to drive any long-term growth. According to him, while LTC might continue to register some short-term gains, it will still be stuck within a consolidation range. Despite this bearish outlook, however, Litecoin’s recent gains led to a surge in the number of wallets that are in profit to its highest levels since 2021. In fact, data from IntoTheBlock revealed that 78% of LTC holders, equivalent to 6.33 million addresses, are now profitable. Conversely, the wallets that are in losses have dropped from 46% to 16% in just one month. A spike in wallet profitability could increase market confidence and lead to a bullish outlook for Litecoin. However, some traders who bought early and those who bought during the rally might start to take profits, causing the trend to weaken. $LIT

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Major classic coins like Ethereum and Litecoin are showing signs of recovery sparking speculation of an altseason.$ETH $LIT With improving market sentiment analysts believe the altcoin rally might be just around the corner.$ALT

Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. 7527 57 2:31 Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform News COINTELEGRAPH IN YOUR SOCIAL FEED Follow our Subscribe on The founder of Ethereum software solutions provider Consensys, Joseph Lubin, announced the launch of a new project called Network State where people can declare their “personal sovereignty.” “We’re on the verge of a paradigm shift that will be heard around the world,” said the Ethereum co-founder in a post on X unveiling the new platform on Nov. 14. Lubin said Consensys is “on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy.” He added that for years, the crypto industry has been “living in fear” and unable to engage in activities that “should be natural” for Web3 companies. “We’ve been operating in a climate of regulatory uncertainty, with gaslighting and carpet bombing from the SEC stifling our progress.” Speaking to Cointelegraph at the Ethereum Devcon event in Bangkok, Thailand, Lubin said “We’ve been living in a gas-lit world for a long time, generously gas-lit by the SEC,” before adding: “It’s hard for a technology ecosystem to operate under uncertain, overreaching, regulatory uncertainty at worst, and what appeared to be a strategic and concerted attempt to either kill slow or co-opt the progress of our industry.”