The last time we checked with Litecoin, its creator Charlie Lee left Coinbase to focus on his own project. The mission at hand was implementing SegWit in the Litecoin blockchain, which is easier said than done. This story is as exciting as they come. It has twists and turns and it ends with a bang. Through the following tale, we’ll learn a lot about consensus. One of the most mysterious aspects of the cryptocurrency space is how decisions are made. Are you ready to learn through a… Source link
Read More »LTC must Clear $190 for Bullish Momentum
The Litecoin price is grinding sideways in a narrow range, capped by the 200 DMA and unable to take inspiration from Bitcoin’s strength. Litecoin (LTC) has closed between $174.80 and $180 in each of the last six trading days, which could be a worrying sign considering BTC’s relentless advance. However, if LTC can muster the strength to clear the 200-day moving average at $189.31, it could embark on a bullish run of its own. On the flip side, if the Litecoin… Source link
Read More »Ethereum (ETH) Bullish as MAs Turn Into Support, Litecoin (LTC) Price Bearish, Failing at the 200 Daily SMA
Ethereum was looking pretty bullish and it was leading the cryptocurrency market for some time, before the major crypto crash in May. Even after the crash ended, Ethereum has been showing resilience, as it gained around 250% from July’s low until early September, when it broke above the $4,000 level. The second crypto crash in September took its toll on all cryptos, and Ethereum retreated below $3,000, but nothing can keep a good cryptocurrency down. The 100 SMA (green) held as support on… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 11th, 2021
Ethereum Ethereum fell by 4.48% on Sunday. Reversing a 0.33% gain from Saturday, Ethereum ended the week down by 0.15% to $3,415.0. A mixed start to the day saw Ethereum rise to a mid-morning intraday high $3,605.49 before hitting reverse. Falling short of the first major resistance level at $3,627, Ethereum slid to a late intraday low $3,406.44. Ethereum fell through the first major support level at $3,532 and the second major support level at $3,487 to end the day at $3,410 levels. At the time… Source link
Read More »Charlie Lee Sums Up Litecoin’s 10 Years History. Part Two: Exchanges + Betrayal
The creator of Litecoin, Charlie Lee, continues to guide us through memory lane. For part one, he took us through Litecoin’s fair launch. Considering the small number of projects that have managed to do that, it was a pretty big achievement. Today, for part two, we’re going to cover the project’s relation with cryptocurrency exchanges. Charlie Lee wears his heart on his sleeve for this one, and tells a heartfelt story that ends up in betrayal. Can you feel the excitement in the air?
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 9th, 2021
Ethereum Ethereum fell by 0.69% on Friday. Reversing a 0.34% gain from Thursday, Ethereum ended the day at $3,563.96. A mixed start to the day saw Ethereum rise to a late morning intraday high $3,670.0 before hitting reverse. Coming within range of the first major resistance level at $3,672, Ethereum slid to a late intraday low $3,535.0. Steering clear of the first major support level at $3,488, however, Ethereum found support to end the day at $3,560 levels. At the time of writing, Ethereum was… Source link
Read More »BRD Adds Litecoin as Ideal Cryptocurrency for Payments as Wallet Users Surpass 10 Million | News
SAN FRANCISCO, Oct. 8, 2021 /PRNewswire-PRWeb/ — BRD, the most secure and first mobile cryptocurrency wallet to be in the App and Google Play stores, today announced a major accomplishment as it breaks the 10 million user mark. This milestone coincides with BRD being featured as one of the first wallets supported in the latest BitPay and Verifone partnership,… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 8th, 2021
Ethereum Ethereum rose by 0.34% on Thursday. Following a 1.64% gain on Wednesday, Ethereum ended the day at $3,588.51. A mixed start to the day saw Ethereum slide to an early morning intraday low $3,471.52 before making a move. Steering clear of the first major support level at $3,401, Ethereum rallied to a late intraday high $3,655.02. Falling short of the first major resistance level at $3,691, however, Ethereum eased back to end the day at sub-$3,600 levels. At the time of writing, Ethereum… Source link
Read More »Litecoin price needs to retrace before LTC can rally 56%
Litecoin price has been on a smooth uptrend since September 28, rising 33%. As LTC hovers around the $177.78 resistance level, the MRI flashed a sell signal, hinting at a correction. A retracement toward the $163.89 is likely before LTC can kick-start an uptrend to $232.94 and $258.67. Litecoin price is having trouble around a resistance level and is hovering around it after nearly ten days of ascent. One indicator, however, is suggesting a sell-off is around the… Source link
Read More »Litecoin maintains a recovery path
LTC/USD moved lower yesterday, after it hit resistance near 182.10. However, the crypto triggered some buy orders at around 172.80 and rebounded to trade temporarily above the 182.10 mark. Now, it is back below it though. Overall, the cryptocurrency continues to print higher highs and higher lows above the upside support line taken from the low of September 29th and thus, we will consider the short-term outlook to be positive. Another attempt above 182.10 could… Source link
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