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Sally Ho's Technical Analysis 26 June 2019

Litecoin Litecoin (LTC/USD) recently traded at its strongest level since May 2018, printing as high as the 146.00 figure this past weekend before moving lower during recent trading sessions after it fell below the 50-bar MA (4-hourly) and tested the 100-bar MA (4-hourly).  The move higher over the weekend was capped right around the 76.4% retracement of the move from 182.35 to 22.17, an important technical level. Recent lows have been around the 132.13 area, representing the 61.8% retracement of the 144.28 – 112.72 range. Above current market activity, technical Resistance is expected around the 140.70 area, representing the 61.8%...

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Litecoin’s (LTC) 4.3% Plunge Knocks CD 21 Leaders Index Lower to 54.72

The CryptoDaily 21 Leaders Cryptocurrency Index pared recent gains and receded to 54.72 on Monday from 55.46 on Sunday, a 1.33% decline. The 21 Leaders Index is up 9.30% over the past 7 days and is up 22.80% over the past 30 days. Litecoin (LTC) led the losers lower with a 4.3% drop to a market capitalisation of US$ 8.46 billion as traders positioned themselves ahead of Litecoin’s halving in early August, and in response to news the Litecoin Foundation will issue a physical LTC debit card. Cosmos (ATOM) also weakened 4.3% while NEO (NEO) led the gainers with a...

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BTC, ETH, XRP & LTC - Which Is Doing More For Adoption?

The financial and investment company founded in 1971, Weiss Ratings is something a lot of cryptocurrency enthusiasts use to get some insight on different digital currencies. Whereas not everyone will agree with what Weiss has to say on some currencies, they are well-respected for their ratings. They base their ratings on objective computer models driven by complex algorithms with large volumes of data, excluding each analyst’s personal opinion from the process. With this, the entities that are being rated are always treated with complete objectivity and fairness according to Weiss. There are four things that cryptocurrency ratings are based on:...

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Weekly Roundup: $15k BTC? Libra Officially Announced & LTC To Release Debit Card

It’s been very exciting past few days in the crypto world this week. The highlight was, of course, Facebook’s official announcement on its stablecoin coming next year which we will go into detail later on. In addition to Facebook’s announcement was Tyler Winklevoss claiming Bitcoin could reach $15k and Litecoin who are launching their own debit card. $15k BTC The Winklevoss twins are well-known throughout the crypto space for putting their Facebook lawsuit pay-out into Bitcoin. They are two of the original Bitcoin billionaires and with the price continuously rising over the last weeks, Tyler Winklevoss has spoken his mind...

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LTC & XRP: Could Litecoin Flip XRP Before It Halves?

One of the top cryptocurrencies in the world is Litecoin, which has been a top ten cryptocurrency for as long as I can remember. The digital asset has been making gains amongst the upcoming block rewards. The market cap for Litecoin has surged by more than $2 billion which has seen the back of Bitcoin Cash but as this bullish trend continues, there’s one thing that we are wondering which is; what happens if Litecoin flips XRP? Split in Half In forty-five days, from the time of writing, Litecoin will go through an experience which will half it. This fixed...

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