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Litecoin (LTC) Fails To Break Key Resistance During Recent Altcoin Rally

Litecoin (LTC) rallied with the rest of the altcoin market as they made moves against Bitcoin (BTC). However, it was stopped out at a key resistance against Bitcoin (BTC) as we can see on the daily chart for LTC/BTC. The price could still retest the 38.2% fib extension level but it seems to have run out of steam for now. Any move to the upside is likely to leave a long wick up as the price is eventually likely to close below the resistance at 0.0134 BTC. Now, the previous rally did see the price rise below this level and...

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Litecoin Is One Of The Best Cryptos Of 2019

Great news for Litecoin investors as Litecoin has made a name for itself this month, as a part of the top 10 performing cryptocurrencies through 2019. After the 2018 bear market as investors we are all due a little break, so, seeing positive news about major altcoins like Litecoin is both refreshing and important - indicators like this can help us plan out our future investments. Litecoin is promising to continue to climb, let’s take a look at some of the other cryptocurrencies that are doing the same too. 2019 has seen a huge turnaround for many cryptos, including Tezos,...

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Litecoin (LTC) Retraces After Strong Rejection At $122 Resistance

Litecoin (LTC) has retraced after facing a strong rejection at the $122 resistance. This is a very strong level to breach and it is very likely that we will see LTC/USD decline to the bottom of the ascending wedge in the near future. Eventually, we expect LTC/USD to break below this wedge and find support at the 61.8% fib extension level. It could retest the trend line support as resistance after that and might fall further to find its true bottom. The past few weeks have seen Bitcoin (BTC) lead the market during rallies, but we see altcoins crash more...

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Litecoin (LTC) Might Be Days Away From A Massive Decline Below $80

Litecoin (LTC) has just tested a key support level again and is now likely to trade further within the descending triangle it has been trading in for the past two weeks. LTC/USD still has some room to trade sideways but it will have to break out of this triangle in the days ahead. If the price breaks below this triangle, it is likely to fall to the next support at $77. That support coincides with the 1.272 Fib extension level. If it fails to stop there, it will have to decline to $68.81. Either way, a fall below $80 is...

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Cryptocurrency: How LTC & XRP are Taking over Germany

After it was founded in 1860, Börse Stuttgart has built itself up to be the ninth biggest in Europe and the second biggest exchange in Germany which has now approved the listing of Litecoin and XRP exchange-traded notes (ETNs). The team at Börse Stuttgart has said: “For the first time in Germany, investors can now buy and sell exchange-traded notes (ETNs) based on the cryptocurrencies Litecoin and Ripple (XRP). The four securities issued by XBT Provider in Sweden track the price of the two cryptocurrencies in relation to the euro and the Swedish krona.” Make no mistake, ETNs are different...

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