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LTC MimbleWimble Implementation Helping Privacy Journey According To Grin Developer

David Burkett, a Developer on the Grin project, has come up with a thread for more updates on the LTC MimbleWimble implementation. He has also announced his progress on the plan to bring in more features on confidentiality to the cryptocurrency. Tasked with integrating new privacy features in the Litecoin protocol, David Burkett, a Developer on the Grin project, has come up with a thread for more updates on the LTC MimbleWimble implementation every month. On top of this, he has also announced his progress on the plan to bring in more features on confidentiality to the cryptocurrency, which currently...

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8 December 2019 - LTC/ BTC – 4-hourly

In this 4-hourly chart of Litecoin/ Bitcoin (LTC/ BTC), there is a depreciating range from 0.006482 to 0.006046. We can see that after the depreciation, the market appreciated to the 0.006251 level (identified by the first red down arrow), right around the 21-bar Simple Moving Average. We can see the market then appreciated to the 0.006213 level (identified by the second red down arrow), right around the 0.006212552 level that represents the 38.2% retracement of the depreciating range.   We can see the market then extended its depreciation. Using RSI, we can observe RSI Average (3) bearishly crossed above RSI (14)...

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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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