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Litecoin (LTC) Risks Major Sell Off In The Days Ahead

Litecoin (LTC) risks a major sell off in the days to come. This is because Litecoin (LTC) is trading in two big rising wedges as seen on the LTC/USD 4H chart above. This means that before the 21st of September, Litecoin (LTC) can be expected to break this rising wedge and fall back towards previous lows. Given that Litecoin (LTC) looks even more vulnerable and weaker than most altcoins at this point, it is also probable that Litecoin (LTC) may fall below previous lows to find an actual bottom. Litecoin (BTC) has a support around $50 which in the case...

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Litecoin (LTC) Bottoms Out At $50, Prepares To Begin A New Trend

Litecoin (LTC) has finally done it. The price has found a true bottom at the exact price of $50. This has been tested a number of times now according to the daily chart for LTC/USD above. Some might argue that finding a bottom is a process and not a price target. I agree with that in the case of Bitcoin (BTC) but Litecoin (LTC) seems to have found a bottom in terms of price. This also means that the price is not expected to trade further down the falling wedge from here onwards and will now have to break the...

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What’s The Point In #PayWithLitecoin

 #PayWithLitecoin is a social movement established by the Litecoin Foundation. In essence, #PayWithLitecoin wants to help the general public discover Litecoin as a viable payment option and, more importantly, wants to inspire merchants in brick and mortar stores to start accepting Litecoin as a currency. It’s still in its infancy, yet even so #PayWithLitecoin is a movement that is sweeping across the world, bringing with it good news about Litecoin and more options for Litecoin adoption than ever. #PayWithLitecoin, being a hashtag makes it especially popular for use on Twitter and indeed, that’s exactly why #PayWithLitecoin came about, to...

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Litecoin (LTC) Begins A New Cycle Against Bitcoin (BTC) But Still Risks A Fall Below $50

Litecoin (LTC) seems to have started a new trend against Bitcoin (BTC) as it has broken out of an important falling wedge against Bitcoin (BTC) on the LTC/BTC daily chart above. This falling wedge extends all the way to January this year when the correction began. Normally, this would be considered a big win for Litecoin (LTC) as the price is about to begin a new trend which after an extended correction is expected to be a bullish one. However, RSI analysis for Litecoin (LTC) presents a completely different picture which also brings us closer to reality and demonstrates that...

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Charlie Lee Is A Huge Fan Of This Lightning Network

Yesterday, the Lightning Ramp team revealed that they joined Casa a few months ago and that they have been building a Casa Lightning Node which is the easiest way use Lightning that is usable today. Speaking on Medium, the team behind the Casa lightning node go onto explain the history in creating, “the Best Possible Lightning Experience” “In February 2018 we released Lightning Ramp, a system for connecting exchanges to the Lightning network, with the goal of bringing the Lightning Network to millions of people as soon as possible. While building this project, we uncovered many barriers preventing broad Lightning...

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