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The Future of Litecoin

For the past few years, much of the financial world has been focused on the development of the cryptocurrency market. While these digital coins, such as Bitcoin, remain an enigma to many people, they have a lot of promise and potential. In fact, those that invested several years ago in Bitcoin have seen dramatic improvements in their investment value. Another cryptocurrency that is getting the attention of many people is Litecoin. While Litecoin is smaller than other digital currencies, there are many reasons why it could be the coin of choice in the future. Faster Processing The main advantage of...

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Litecoin (LTC) Struggles To Break Past 200 Day EMA, Risks Decline Below $60

Litecoin (LTC) has been struggling to break past the 200-day exponential moving average. Even though it remains above the 200-day moving average, it still risks a major decline below it considering it has repeatedly failed to break past the 200-day EMA. The next decline would pull the price below the 61.8% fib level which means that we might be looking at LTC/USD declining down to the 1.272 fib level to make a new yearly low. This would also lead to the price testing the next fib circle and seeing a potential uptrend for a while before the next downtrend kicks...

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Mimblewimble Testnet Launch Aimed for End of Summer

The Litecoin foundation has been working tirelessly to improve the privacy of transactions for its user base.  In order to do this, the foundation has introduced an extended block and the Mimblewimble upgrade.  Because of this, Charlie Lee has had to bring in David Burkett. The Litecoin foundation has been working tirelessly to improve the privacy of transactions for its user base. However, in order to do this, the foundation has had to introduce an extended block and the Mimblewimble upgrade. Because of this, the founder and CEO of Litecoin, Charlie Lee has had to bring on a developer from...

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New Collaboration to See Litecoin Thrive in South Korea? 

The South Korean cryptocurrency company, MeconCash has just teamed up with the Litecoin Foundation in order to integrate the LTC cryptocurrency associated with the latter. With this new collaboration, withdrawals on LTC to the Korean won will be more than possible across around 13,000 ATMs in the country. The South Korean cryptocurrency company, MeconCash has just teamed up with the Litecoin Foundation in order to integrate the LTC cryptocurrency associated with the latter. With this new collaboration, withdrawals on LTC to the Korean won will be more than possible across around 13,000 ATMs in the country. The official announcement highlights...

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Litecoin (LTC) Faces Strong Rejection At The 61.8% Fib Retracement Level 

Litecoin (LTC) declined below the 61.8% fib level around $61.28 and closed below it yesterday. Since then it has been attempting to break past this level but it has failed. There is a reason why this level is so important and why LTC/USD is struggling so hard to break past it. If the price finds support here, it would be deemed as the launching pad for the next potential uptrend from here. However, if the price fails to hold this level and declines and closes below the 200-day moving average, it would be considered as the beginning of the next...

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