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litecoin [LTC] it has gained well in the cryptocurrency market today. The currency has raised over 6% against the dollar.
The resistance level for this currency was seen at $ 34.73; however, LTC exceeded the resistance level and noted a bullish momentum.
The LTC / USD pair gained a little bit.
support for $ 33.3 today. Trading
the price range for this pair rose from $ 33.136 to $ 35.7. The existing resistance level for the crypt
it was $ 35.3.
LTC was facing a strong buyer
today's pressure, therefore, has led to the violation of the current level of resistance.
The MACD at the beginning of today showed
strong bullish momentum. The RSI
it meant that the currency was overbought.
The EMA line indicated an upward trend
for $ 33.16. The current market capitalization of Litecoin is $ 2 billion.
At the time of writing the news
for the press, Litecoin was trading at $ 34.14.
Litecoin is now the first company
collaborate with Ultimate Fighting Championship, a martial arts promotion
Company.
OKEx is one of the biggest
exchange of cryptocurrency in terms of trade volume. The exchange allowed perpetual swaps for
Ethereum and Litecoin. The interval point is set to 0.01 with a minimum of $ 10
price in the nominal value of the contract for the perpetual exchange.
Ilir Gashi of the Litecoin Foundation
is the community manager. Lately
has published a summary of Litecoin events in the year 2018. It is
rather stubborn about the fact that Litecoin had actually become the victim of
low market sentiment.
According to Gashi, the
the underperformance of Litecoin was in part related to the "uninformed"
coverage "provided by the media.
The year 2018 has marked the adoption
of Litecoin by several traders.
There was an exponential growth of the Litecoin network infrastructure.
However, he said that Litecoin continues to be one of the most listed
cryptocurrencies in the market.
While Litecoin has been around
since 2011, several new Altcoin have hit the market, which in turn has influenced the market
decline in the price of Litecoin. The
Altcoins has diverted the deserved media coverage and the attention of the buyer
Litecoin.
Several new projects have been rejected
the Litecoin. The team behind LTC
focuses on relevance in the year 2019.
They do not want to be classified as just another "shitcoin".
When Charlie Lee sold his
Litecoin when prices were at a peak, contributed to the reputation of
Litecoin.
Coinbase continues to add new ones
altcoins every month and this, in turn, is diluting the buyer's interest on the
Litecoin.
Several coins with similar use
Cases like Litecoin are bringing something innovative to the table. And it does not happen much with the
Litecoin. LTC makes sense is something that will be confirmed this
year?
