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Sally Ho's Technical Analysis 21 January 2020 LTC BCH

Litecoin (LTC/USD) weakened early in today’s Asian session as the pair receded to the 57.12 level after being capped around the 58.19 area during yesterday’s North American session, a level that was right around the 50-bar MA (hourly) at the time.  The pair’s recent climb has seen price activity recently hover around the psychologically-important 60.00 figure following a recent high print around the 63.17 level, right around the 38.2% retracement of the move from 107.04 to 35.88.  Another important level that is impacting price is the depreciation from the 80.26 level to the 35.88 area.  Bids recently emerged around the...

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18 January 2020 - LTC/ EUR – Weekly

In this Weekly chart of Litecoin / Euro (LTC/EUR), there is a depreciating range from 153.20 to 19.75. We can observe that the market then appreciated to the 128.59 level, above the 121.71 level that represents the 76.4% retracement of the depreciating range.   We can observe that the market then depreciated to the 42.63 area, below the 51.24 level that represents the 23.6% retracement of the depreciating range. We can also observe that the 55-bar Simple Moving Average was indicating between the 23.6% and 38.2% retracement levels of the depreciating range when the market traded as low as the 42.63...

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Was Ethereum’s Sell-Off Actually THAT Similar to Litecoin’s?

At the end of last year, it was revealed that the Ethereum Foundation sold almost a $100 million worth of Ethereum. Such a thought process was made by the co-founder nearly two years after the cryptocurrency was able to hit an all-time high.  Some compared it to the incident that happened over at Litecoin a while back with Charlie Lee’s sell-off.  At the end of last year, it was revealed that the Ethereum Foundation sold almost a $100 million worth of Ethereum when the market took off for a short while in a bull movement, going off words from the...

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New Partnership Between Litecoin & BlockFi to Benefit Both Parties 

A new partnership has just been revealed between the Litecoin Foundation and BlockFi to help push the awareness of BlockFi’s range of products. The new collaboration somewhat came out of the blue with the foundation citing that the two would be producing more and more options and liquidity opportunities.  A new partnership has just been revealed between the Litecoin Foundation and BlockFi to help push the awareness of BlockFi’s range of products that helps users on Litecoin with more options such as earning interest on and borrowing against their LTC. The new collaboration somewhat came out of the blue with...

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John Kim Says Bitcoin Community Will Utilise Mimblewimble on Litecoin

The Mimblewimble integration on Litecoin is one of the most highly anticipated events the LTC community is excited for at the minute. Following the Grin Developer, David Burkett joining the project, the community is very open in their support for the move to implement Mimblewimble.  The Mimblewimble integration on Litecoin is one of the most highly anticipated events the LTC community is excited for at the minute. Following the Grin Developer, David Burkett joining the project, the community is very open in their support for the move to implement Mimblewimble.  John Kim, the so-called Chief Litecoin ‘Evangelist’, has talked about...

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