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Litecoin Price Up With News Of New Acquisition

Breaking news from the Litecoin Foundation has seen Litecoin take a new direction. At the time of writing, Litecoin is up 0.87% and is only expected to rise through the day. Of course, this rise is only very minor, but given the current state of the markets, it is encouraging Litecoin to really stand out. At the time of writing, Litecoin’s neighbours EOS and Stellar are down 7.78% and 5.25% respectively. What’s happened that is taking Litecoin up? According to Coindesk, the Litecoin Foundation have acquired 9.9% of German Bank, WEG Bank AG, after taking the share from TokenPay. TokenPay...

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The Decline Of Litecoin Through 2018, What Does Litecoin Need To Reach The Top?

When we talk about cryptocurrencies falling through the year, and market declines, many of us focus on Bitcoin as a point of reference. The justifications for this are obvious, Bitcoin is the most dominant cryptocurrency and thus has a big impact on the markets. It is however important that we explore similar currencies in order to gauge how the rest of the year will pan out for these currencies. Litecoin in particular has been impacted quite badly this year, seeing an overall decrease from the 2018 all time high of $303.95, down to the present value of Litecoin at $82.23....

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Market Update: Prices Up But Bitcoin Cash And Litecoin Lag Behind

A positive trend seems to have taken hold of the markets this morning as many major cryptocurrencies are well up over the past 24-hours. Much of the damage caused by the market decline at the end of June now seems to be settled and thus, we are finally seeing some value pumped back into the markets. This is not a recovery, nor are we about to enter a market surge, however at the very least, increasing values is good news for the bulls among us. Let’s see how the markets stand- At the time of writing, Bitcoin is valued at...

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Litecoin (LTC) Bear Trend Could Be Just Getting Started

Litecoin (LTC) has been a victim of an aggressive crypto correction recently. Apparently, much of this has to do with Litecoin (LTC)’s weak fundamentals and fading interest in the cryptocurrency. The price currently shows a strong bear trend on the daily chart with a bearish EMA alignment. Litecoin (LTC) is also high up in a bullish trading channel and has yet to retest the bottom of the bearish channel. As many of you are aware, Charlie Lee, the founder of Litecoin (LTC) has recently distanced himself from the coin. This is because no matter how much Litecoin (LTC) grows, it...

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Litecoin (LTC) Continues To Show Weakness, Pullback To Lower Levels Likely

Litecoin (LTC) is one of the very few altcoins to have broken market structure during the recent correction. This is probably because of its artificial growth last year compared to the rest of the market. Litecoin (LTC) benefited from FOMO and hype which pushed the price to an all time high of $360. This was surprising for most crypto investors considering the price shot up from $10 to $360 in such a short span. It was even more surprising when you consider that nothing much had changed fundamentally. If anything, the prospects of Litecoin (LTC) keep aggravating with each passing...

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