ALR Miner launched a zero-fee cloud mining service that supports Litecoin, allowing users to mine without paying for electricity, maintenance, or platform costs. The company announced the rollout on July 9 in London, stating that users will keep 100% of their mined Litecoin. This approach eliminates hidden charges that usually reduce mining profitability.
Platform Offers No Hardware Setup or Maintenance
Users do not need to install or operate any hardware. Instead, all Litecoin mining takes place remotely on ALR Miner’s servers. The cloud-based service works continuously, 24/7, regardless of the user’s location or activity. This setup lowers entry barriers for beginners and removes high operational costs for experienced miners.
The platform includes real-time dashboards, wallet integration, and around-the-clock monitoring. Users can view how much Litecoin they mine in real time without complex reports. ALR Miner says the system’s transparency and encryption aim to build user confidence from the start.
Bonus Offer Encourages Litecoin Mining Participation
New users receive a $12 sign-up bonus to begin mining Litecoin or Bitcoin immediately. The platform supports scalability through its cloud-based model, allowing users to increase output without buying new equipment or facing increased electricity expenses.
As global interest in Litecoin increases due to its lower fees and faster transaction speeds, ALR Miner’s zero-cost model provides a low-risk entry for retail and institutional participants. The platform’s release comes as Litecoin gains new visibility through potential ETF listings and treasury allocations from public firms.
Litecoin Breaks Bullish Flag, Signals 23% Upside Toward $114
On July 10, 2025, LitecoinLTC/ USDT formed and broke out of a bullish flag pattern on the daily chart against the U.S. dollar. This pattern happens when the price moves up sharply—creating what’s called a flagpole—then pulls back gently inside two downward-sloping lines. That pause forms the flag. When the price breaks above the flag’s top line, it usually means the uptrend could continue.
Litecoin’s price is now about 4% above the point where it broke out of the flag, showing early strength after the breakout. The price has also moved above the 50-day Exponential Moving Average (EMA), which adds more support to the upward move.
According to the pattern, the expected move after a breakout is often equal to the height of the flagpole. For Litecoin, that means a possible 23% rise from the current price of $90.78, aiming for a target close to $114. This price also matches the horizontal resistance line on the chart, where Litecoin last faced selling pressure in March.
If momentum holds, this breakout could continue pushing Litecoin toward that $114 level in the coming days or weeks.
Litecoin RSI Breaks Above Neutral Zone on July 10, 2025
The daily Relative Strength Index (RSI) for Litecoin reached 58.85 on July 10, 2025, climbing above both the neutral 50 level and its 14-day moving average, currently at 51.53. The RSI is a momentum indicator that measures how strong or weak price movements are. Values above 50 suggest that buyers are gaining control, while values below 50 signal selling pressure.
After moving sideways under the neutral line through most of June, Litecoin’s RSI finally broke upward in early July. Now it shows increasing strength, in line with Litecoin’s breakout from the bullish flag pattern on the price chart. This momentum shift supports the idea that the trend may continue higher.
While the RSI remains below the overbought threshold of 70, the move above 58.85 shows there is still room for more upside before any signs of exhaustion appear. Combined with the recent 4% gain from the pattern breakout, this RSI setup adds another layer of confirmation to the projected 23% rally toward $114.
Litecoin MACD Turns Positive on July 10, 2025
Litecoin’s MACD (Moving Average Convergence Divergence) indicator crossed into bullish territory, confirming a shift in momentum. The MACD line (0.71) now sits above both the signal line (0.58) and the zero mark, showing clear upward direction. The histogram has also turned green and continues to rise steadily, further supporting the trend.
The MACD is a tool that tracks the difference between two moving averages and helps traders see when momentum shifts. When the MACD line crosses above the signal line and both move above zero, it often signals a stronger upward trend.
This recent MACD crossover comes just after Litecoin broke out of a bullish flag pattern on the price chart and gained around 4% from the breakout level. Together with the RSI move above 58, the MACD confirms that momentum is strengthening. If the trend continues, the price could move another 23% higher toward the $114 target projected by the flag pattern.
Litecoin Balance of Power Turns Positive on July 10, 2025
On July 10, 2025, the Balance of Power (BoP) indicator for Litecoin showed a value of 0.20, rising above the neutral zero line. The Balance of Power measures the strength between buyers and sellers during each trading session. Positive values mean that buyers are in control, while negative values show that sellers dominate.
This positive shift reflects increasing buyer strength just as Litecoin broke out from a bullish flag and gained nearly 4% over recent sessions. While BoP often fluctuates quickly, sustained positive readings—especially above 0.20—typically align with short-term upward momentum.
Together with the bullish crossover in the Moving Average Convergence Divergence (MACD) and a rising Relative Strength Index (RSI), this BoP reading supports the current push toward the projected 23% price target, which would bring Litecoin near $114.
