Hot Topics

Advertisement

Advertisement

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...

Read More

Sally Ho's Technical Analysis 22 February 2020 LTC BCH

Litecoin (LTC/USD) extended recent gains in today’s Asian session as the pair gained ground to the 74.27 level after trading as low as the 66.00 level during yesterday’s North American session.  The pair recently traded as high as the 84.50 area, its highest level since August last year, following strong moves through upside technical resistance and psychologically-important levels such as the 50.00 and 75.00 areas.  Stops were elected above the 63.31 level during the pair’s recent ascent, a level that represents the 61.8% retracement of the move from 80.26 to 35.88, with additional Stops reached above the 69.79 level.   Additional...

Read More

Litecoin Dominates the Alternative Market - Will it Break $100 Soon?

So many alternative cryptocurrencies have quite a strong start to 2020. A lot of digital assets performed as expected in regards to the many developments that are going on throughout the year. So many alternative cryptocurrencies have had quite a strong start to 2020. With the market kicking off with a bang, a lot of digital assets performed as expected in regards to the many developments that are going on throughout the year. The bitcoin halving being one of the most exciting events in the crypto industry to date. There are several different alternative digital assets such as Tron, Ethereum...

Read More

Litecoin Teams up in New Partnership with Cred

Litecoin has seen some dips recently as well as most altcoins in the market. Despite the losses, Litecoin has announced a partnership with Cred, in order to make further use cases for the cryptocurrency. The sixth largest cryptocurrency in the space, Litecoin has seen some dips recently as well as most altcoins in the market. Despite the losses, Litecoin has announced a partnership with Cred, in order to make further use cases for the cryptocurrency. Use cases are one of the most important things that define a cryptocurrency and given this latest partnership, Litecoin is going to be able to...

Read More

Will Bitcoins Scalability Issue Be Solved Through the Lightning Network? Charlie Lee Thinks So

The ecosystem behind the leading cryptocurrency has been thoroughly looking into the lightning network as a solution to its scalability issue. Charlie Lee has spoken on the Lightning Network and has given his opinion on how bullish it means for the scalability issue being solved on bitcoin.  The ecosystem behind the leading cryptocurrency has been thoroughly looking into the Lightning Network as a solution to its scalability issue. The layer 2 payment protocol is notorious for facilitating transactions at a much faster rate. The bitcoin lightning network makes way for smaller bitcoin payments to be sent more quickly and a...

Read More