Litecoin price has formed a head and shoulders pattern on a 4-hour chart indicating a bearish outlook. If LTC slices through the neckline at $191.86, a 15% drop to $159.85 seems likely. However, a bounce from the demand barrier leading to a decisive close above $208 could invalidate the bearish setup. Litecoin price has tapped a demand barrier multiple times in the last two weeks. Therefore, a breakdown of this level could spell disaster for LTC. Litecoin price at crossroads Litecoin… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 20th, 2021
Ethereum Ethereum rose by 1.86% on Friday. Partially reversing a 2.63% loss from Thursday, Ethereum ended the day at $1,809.38. A bearish start to the day saw Ethereum slide to an early morning intraday low $1,734.29. Ethereum fell through the first major support level at $1,740 before rallying to a late intraday high $1,840.69. The rally saw Ethereum break through the first major resistance level at $1,832 before falling back to sub-$1,810 levels. At the time of writing, Ethereum was down by… Source link
Read More »Litecoin (LTC) ‘daily’ addresses have grown 6x since 2020
The number of active addresses on Litecoin, the world’s ninth-largest cryptocurrency by market cap, has grown by over six-fold in the past year, data from on-chain analytics service Glassnode shows. “New Litecoin addresses added daily are now broaching 100,000. Compared to 12 months ago, this is a 5x increase,” tweeted David Schwartz, a project director at the Litecoin Foundation. New #Litecoin addresses added daily is now broaching 100,000. Compared to 12 months ago, this is a 5x… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 19th, 2021
Ethereum Ethereum fell by 2.63% on Thursday. Reversing a 1.05% gain from Wednesday, Ethereum ended the day at $1,776.4. A bullish start to the day saw Ethereum rise to an early morning intraday high $1,850.00 before hitting reverse. Falling short of the first major resistance level at $1,863, Ethereum slid to a late intraday low $1,758.40. The pullback saw Ethereum fall through the first major support level at $1,764 before finding support. Late in the day Ethereum revisited $1,795 levels before… Source link
Read More »Bitcoin and Litecoin Price Prediction: What Next For LTC and BTC? – InvestingCube
The Litecoin price is crawling back as traders react to the latest FOMC decision. The LTC is trading at $206, which is 8.45% above yesterday’s low of $190. Litecoin is now valued at more than $13 billion and is the 9th biggest digital currency in the world. On the other hand, the Bitcoin price has jumped to almost $60,000 as bulls target the all-time high of $62,000. The background: Litecoin is one of the best-known cryptocurrencies in the world. It is also one of the oldest… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 18th, 2021
Ethereum Ethereum rose by 1.05% on Wednesday. Following on from a 0.67% gain on Tuesday, Ethereum ended the day at $1,824.74. A bearish start to the day saw Ethereum slide to a mid-day intraday low $1,742.0 before making a move. Steering clear of the first major support level at $1,735, Ethereum rose to a late intraday high $1,841.13. Falling short of the first major resistance level at $1,848, Ethereum eased back to end the day at $1,820 levels. At the time of writing, Ethereum was up by 0.40%… Source link
Read More »Litecoin: What Is It, History and How to Buy – KAKE
There is no reason Litecoin can’t be part of an amateur investor’s portfolio. That said, there are a few things to keep in mind — namely, that Litecoin, like all other cryptocurrencies, has high potential for volatility. Don’t invest in cryptos if your financial situation would be crippled by a bad loss — or, at the very least, keep your crypto investing as one of your satellite investments rather than having it be part of your core portfolio. Finally, keep in mind that, unlike… Source link
Read More »Litecoin’s MW Privacy Feature Is Now Code Complete
Key Takeaways Litecoin’s Mimblewimble privacy feature is code complete. Only part of the code has been submitted for review, and a review of the code may take weeks or months. The feature is nevertheless close to going live on Litecoin’s mainnet sometime this year. Share this article Litecoin’s upcoming Mimblewimble Extension Blocks (MWEB) feature is now code complete, according to developer David Burkett. The Cryptocurrency Burkett submitted the code review to GitHub on Mar…. Source link
Read More »What Is It, History and How to Buy
Litecoin Litecoin is a peer-to-peer cryptocurrency and open-source software project. A cryptocurrency is a digital “coin” that acts similarly to a traditional fiat currency. You can use cryptocurrencies to buy goods and services at retailers, though not nearly as many retailers accept cryptos as they do traditional money. The difference, though, is that while fiat currencies like the U.S. dollar, the euro and the pound sterling are backed by the full faith and credit of a country or… Source link
Read More »Bitcoin and Litecoin Move Closer to Their Privacy Improvements
Source: Adobe/pixarno Bitcoin (BTC) and Litecoin (LTC) getting even more closer to their privacy-related upgrades: Taproot for the former, and MimbleWimble (MW) for the latter. The Speedy Trial (ST) proposal for Taproot, a protocol upgrade that should improve Bitcoin’s privacy and flexibility, has received a lot of ‘ACKs’ over the past eleven days, signaling the community’s support for it and the upgrade activation. The vast majority of the participants voiced their acknowledgment… Source link
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