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Litecoin (LTC) Gears Up For An Aggressive Breakout In The Weeks Ahead

Litecoin (LTC) finally seems to have reached its bottom against the US Dollar (USD) as the price has stabilized just above the historical resistance of $56. The 200 EMA acts as additional support to the price can be seen on the LTC/USD chart above. The RSI for Litecoin (LTC) has now reached a critical point as it has to break out next week, either to the upside or the downside. Demarker indicator for LTC/USD shows that the price has reached rock bottom on the weekly chart and is on the verge of a price reversal from here. Litecoin (LTC) like...

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Litecoin (LTC) Is No Longer The Cheapest Coin On Coinbase

Litecoin (LTC) has been away from the spotlight for quite some time now. This has more to do with other cryptocurrencies gaining traction than Litecoin (LTC) itself. The LTC/BTC daily chart above shows how sharply Litecoin (LTC) has declined against Bitcoin (BTC) since the beginning of the correction. Interestingly, the price is now at the same support line from which it rallied up back in early and late 2017. If the price were to take off from here that would mark an end to this correction and would be seen as the beginning of a new cycle. However, the catalysts...

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New Coinbase Plugin Will Help Bitcoin, Ethereum, Litecoin, & Bitcoin Cash Reach Millions

The digital currency exchange Coinbase, headquartered in San Francisco has released a new plugin available to now download. A new plugin has been released by Coinbase which will give millions of websites the power to accept major digital currencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum. The plugin will also allow merchants to accept digital currencies directly from clients all around the world. This plugin is intended to work with WooCommerce, the popular open-source platform that is currently designed to work with over three million WordPress websites. In a new blog from Coinbase, they announced the new plugin and...

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Queensland Government To Support Payments In BTC, LTC, ETH, DASH And XEM

According to reports out today, local authorities in Queensland are alleged to be piloting a programme that could see the adoption of a number of cryptocurrencies within the state. The currencies in question include Bitcoin, Litecoin, Ethereum, Dash and NEM. The project is set to see the government approve work by a company called TravelbyBit, an established cryptocurrency project that allows merchants to accept cryptocurrency payments. According to Bitcoinist.com, Kate Jones, Queensland’s Minister for Innovation and Tourism Industry Development has said: “TravelbyBit has devised a clever way to make it easier for visitors to our state to pay for their...

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“If Bitcoin is Digital Gold, then Litecoin is Digital Silver” Say’s eToro

Mati Greenspan, a Senior Market Analyst at eToro has uploaded a ‘market research summary’ for Litecoin, which discusses Litecoin as the silver to Bitcoin’s gold. eToro believe that Litecoin is built upon one of the ‘most established’ networks in the world and that it is a viable currency as a store value and a means of exchange. Therefore, Litecoin is money. You can find the full publication, here. “Litecoin (LTC) is by far one of the most established networks in the crypto space. It is already being used by many as a store of value and means of exchange and...

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