Hot Topics
Coin Gecko

Advertisement

Sally Ho's Technical Analysis 7 July 2019

Litecoin Litecoin (LTC/USD) continues to try to make advances above the psychologically-important 120.00 figure but continues to be capped around its 50-bar MA (4-hourly), currently indicating around the 121.80 level.  During yesterday’s North American session, the pair traded as high as the 122.29 area but then fell back below the 50-bar MA (4-hourly).  Technicians note that the 121.16 level represents the 61.8% retracement of the move from 182.35 to 22.17, and Stops have been elected around this area previously. LTC/USD was challenged around the 127.37 area this week, a key area that is around several important retracement levels including the...

Read More
snapex banner

Litecoin (LTC) Might Tell Us What Bitcoin (BTC) Is Going To Do Next

Litecoin (LTC) has been in a lead for the most part since the beginning of the recent parabolic run. It has been a good indicator of what BTC/USD has been doing throughout the recent rally. Now, we have LTC/USD in two descending triangles which if broken to the downside would indicate that we might see a decline in Bitcoin (BTC) as well. If we look at the 4H chart for LTC/USD, we can see that it is already below the 200 EMA. This could fall further towards the end of the week and we might see the price break below...

Read More

Komodo (KMD) and Nebulas (NAS) Drive CD Mid-Cap Index to 46.78

The CryptoDaily 21 Leaders Cryptocurrency Index fell to 50.26 on Thursday from 50.29 on Wednesday, a 0.05% decline.  The 21 Leaders Index is up 1.53% over the past 7 days and is up 1.10% over the past 30 days.  Chainlink (LINK) was off 6.4% to a market capitalisation of US$ 3.26 billion. Cardano (ADA) fell 1.5% to a market capitalisation of US$ 2.02 billion while Litecoin (LTC) led gainers with a +4.6% climb. The CryptoDaily Large-Cap Cryptocurrency Index improved to 35.28 on Thursday from 34.95 on Wednesday, a 0.94% rally. The Large-Cap Index is up 2.20% over the past 7...

Read More
snapex banner

Litecoin Holder? You Can Now Spend Your LTC Across Thousands Of Stores In The US

The cryptocurrency payments network, Flexa is now going to be supporting Litecoin. This will make it the fifth digital asset on its platform. For those that don’t know, Flexa provides direct point-of-sale payments at just under 40,000 stores across the United States for quick and secure payments. The Litecoin creator Charlie Lee recently had a keynote speech at the Asian Blockchain Summit in Taipei earlier this week where he spoke on the Litecoin integration to Flexa. “Being able to pay with LTC at all these new major merchants is great for the entire Litecoin community.” Flexa has said its strategy...

Read More

CD Small-Cap Crypto Index Rallies as Celer Network (CELR) Jumps 41.8%

The CryptoDaily 21 Leaders Cryptocurrency Index improved to 54.06 on Saturday from 52.24 on Friday, a 3.48% improvement. The 21 Leaders Index is down 0.88% over the past 7 days and is up 7.47% over the past 30 days. Chainlink (LINK) led the gainers with a 14.5% rally to a market capitalisation of US$ 1.31 billion as traders continued to react to news the altcoin has been listed on Coinbase and Coinbase Pro. Litecoin (LTC) also contributed with a 12.4% climb, as did Tron (TRX) with a 5.9% gain. The CryptoDaily Large-Cap Cryptocurrency Index moved higher to 37.60 on Saturday...

Read More