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Banking Litecoin: Charlie Lee Talks On Banks And Cryptocurrency

Several banks across the world are changing the industry as we know it. As they start creating their own assets, the odds of them adopting the current *real* cryptocurrencies are slim to none. Banks in Germany have been quite open about being positive about cryptocurrencies. As they now are starting to issue their own digital currencies, several banks across the world are changing the industry as we know it. But as they start creating their own assets, the odds of them adopting the current *real* cryptocurrencies are slim to none. Some banks have been very open about their hatred and...

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29 November 2019 - LTC/GBP – 15-minute

In this 15-minute chart of Litecoin/ British pound (LTC/GBP), there is an appreciating range from 32.88 to 37.05. This is followed by a depreciating range from 36.81 to 36.34. We can see that during the depreciation, the market appreciated higher to the 36.65 level (identified by the red down arrow), just above the 36.63046 area that represents the 61.8% retracement of the depreciating range. We can see the market then depreciated to the 35.66 level, including below the 36.06588 area that represents the 23.6% retracement of the appreciating range.   Using RSI, we can see that RSI Average (3) is above...

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Can Litecoin (LTC) Survive The Next Crash?

Litecoin (LTC) is once again at risk of massive sell off. During a market meltdown, coins that have little to no use case of their own are at much higher risk because not only do they risk a loss in value but they risk abandonment. During the 2018 crash, we saw the core Etheruem Classic (ETC) development team that had been working on the cryptocurrency from the very beginning finally abandoned the project citing financial difficulties. The daily chart for LTCUSD/BTCUSD shows that the ratio has once again declined below a key support. In fact, this time it risks a...

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Sally Ho's Technical Analysis 20 November 2019

Litecoin Litecoin (LTC/USD) gained ground early in today’s Asian session as the pair escalated to the 56.12 area after trading as low as the 54.10 area during yesterday’s European session. Traders continue to have their eyes on the 59.84 level, representing the 38.2% retracement of the 80.26 – 47.22 range and an area that traders tested earlier this week. That level is also right around another important technical level that represents the 38.2% retracement of the more recent 66.19 – 56.09 range.  The pair’s recent spin lower opens up potential downside targets such as the 54.47 and 51.70 areas, representing...

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MimbleWimble Vulnerability Addressed By LTC Creator, Charlie Lee

Ivan Bogatyy has posted a report drawing attention to a security flaw in the MimbleWimble’s privacy protocol. Lee is seemingly providing a solution. The MimbleWimble protocol is giving the community a reason to get hyped again. The Harry Potter-inspired crypto protocol, MimbleWimble is set to become a privacy coin through Litecoins integration, but right now it is in the spotlight for all the wrong reasons… A venture capitalist with Dragonfly Capital, Ivan Bogatyy has posted a report drawing attention to a security flaw in the MimbleWimble’s privacy protocol. Bogatyy said that the “attack traces 96% of all sender and recipient...

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