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4 January 2020 - LTC/ GBP – Weekly

In this Weekly chart of Litecoin/ British pound (LTC/ GBP), there is a depreciating range from 88.67 to 37.05. We can observe that the market then appreciated to the 51.90 level (identified by the red down arrow), above the 49.23 area that represents the 23.6% retracement of the depreciating range. This 51.90 level was also above the 14-bar Simple Moving Average, which was indicating around the 50.19 area. The market had been trading below the 14-bar Simple Moving Average since July 2019. We can observe that the market then depreciated to the 27.63 level. Using RSI, we can observe that...

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Sally Ho's Technical Analysis 29 December 2019 LTC BCH

Litecoin (LTC/USD) extended recent buying pressure early in today’s Asian session as the pair continued to orbit the 42.00 figure after trading as high as the 42.46 area during yesterday’s Asian session. The pair has recently traded around the 50-bar MA (4-hourly), and recently tested the 100-bar MA (4-hourly) about three times before declining back below.  The 36.81 level was a major downside price target related to the August high of 107.12 and the markets recently absorbed this level when they pushed the pair as low as the 35.88 area. Since then, the markets moved higher to the 42.69 area...

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Augusts Dust Attack Still Looms On Litecoin Network

Franklyn Richards has seen the Litecoin network activity and cited it reminds him of the August dust attack. In a recently published blog post, Richards goes onto describe a pattern emerging among some of the active Litecoin network addresses.  The product developer made some predictions and comments on the current state of affairs Franklyn Richards, the product developer for both Bitcoin and the Litecoin project since 2013, has seen the latter’s current network activity and cited that it reminds him of the August dust attack on the platform. In a recently published blog post, Richards goes onto describe a pattern...

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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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