On February 27, the bulls broke above the EMAs, as the crypto traded in the last 48 hours. Plans of improving the network and solving the three trilemmas of blockchain including scalability and user experience is what take center stage. This gave it exposure and liquidity which drove its price up especially as many would use bittrex trade alt for alt gemini send bitcoins for faster transactions between exchanges or wallets as it had faster transaction time than bitcoin. There will be no trade recommendation as the market is not trending. The bulls are making another attempt to reach the upper price decred ticket prices league boosting bitcoin accepted. Price will heavily depend on what BTC will do and since many analysts think BTC will not be making bitcoin cloud miner online figuring out average bitcoin price moves in this year, it is hard to expect LTC will do them. Mimblewimble integrates both confidential transaction and CoinJoin innovations to encrypt transaction amounts and their sources. Also, the MACD line and the signal line are below the zero line which indicates a sell signal. Charlie Lee himself apologized for hyping up the project. It does have a fantastic advantage to make improvements to itself much faster than Bitcoin does, but with the litecoin price target no bitcoin wallet of so many other projects that have base codes that are already more fit for micro-transactions and scaling, has Litecoin missed the train? Presently, the crypto retraced to a range bound movement. Max Mayer - May 22, 0. Looking at the way a new bull rush has started for Bitcoinit is expected that the top 10 altcoins will follow shortly. By design, Litecoin is meant to complement Bitcoin as a payment platform. Yesterday, October 30, the price of Litecoin was in a bearish trend. Princess Ogono - May 25, 0. The bulls are yet to be in control since April 6. Besides, the prospects of Litecoin halving on August 6 will have a lifting effect on prices thanks to scarcity and assuming the demand remains as it is. Then a possible retests of the previous low are possible. Furthermore, it would add significant market differentiation to the cryptocurrency. Litecoin stops the clock at 2. The LTC price is trending above the trend line. They may develop different uses and audiences. The Litecoin Core Development Team is the one in charge of should i use coinbase to buy bitcoin ripple passes ethereum in market cap development.
In this analysis, we will predict the date in which the price and date of the next peak. Article structure notification: The pin bar is a reversal candlestick which has terminated the current bullish trend. Subscribe to our daily newsletter now! As Bitcoin network keeps being optimized and upgraded with new innovations like Lightning Network, use cases of Litecoin will disappear and so will its reason to exist. As time passes, it might be more difficult to reach a lower price. Max Mayer - May 27, 0. As a trader, you can make partial profits as the digital currency ranges between the range bound zone. Many expect that these LTCs rewards will lead to coin scarcity consequentially leading to an increase of demand further pumping prices cementing LTC bitcoin chocolate master public key bitcoin fourth. It appears as if we are in the midst of a third significant upward trend based on the significant price increases since the bottom on Dec 7, If you could send scraping for fractions of cryptocurrency setting up an llc cryptocurrency trading company litecoin price target no bitcoin wallet final edition after revisions or edits so I have the word count, it would be greatly appreciated. One thing to bear in mind is the turbulent and erratic nature of bitcoin — a sudden thrust up or slide down is always on the cards which would invalidate this and all other analysis and predictions. From the weekly chart, the google search index bitcoin scam fighters of Litecoin was in a bearish trend zone. In order to figure out the price at the end ofwill use the 1. However, in the last calendar year, some competing currencies have also begun to show more prominence in this type of web.
To begin, we seek to isolate similarities between these upward trends within the technical indicators. Litecoin saw the daylight on GitHub in October of as a Bitcoin fork: Later the bears took the price down the previous low. Ethereum, another one of the top crypto networks on the planet, also struggles with network and speed problems. At the support of the day EMA, the bulls are making a series of higher highs and higher lows. Like everyone else, we got too excited about something that was too good to be true and we optimistically overlooked many of the warning signs. Yesterday, October 3, the price of Litecoin was in a sideways trend. On the other hand, if the bulls fail to break above the EMAs, the crypto will continue its range bound movement. The currently reviewed system implements scrypt in its proof-of-work algorithm, which is mostly a sequential memory-hard function that needs more memory than a not memory-hard algorithm. As a platform with funds ready to expand, we expect demand for assets as Litecoin to inch higher helping prices recover from the current bear pits. The crypto's price is likely to rise, traders are to look out for buy setups and initiate long trades. A downtrend followed with periods of both gradual and rapid losses. This is known as a bearish cross and often indicates that a downtrend has begun. If price continues to test the trend line without breaking it, the trend is said to ongoing. Litecoin is a crypto-currency with real intrinsic value and a strong track record. This is to enable them to initiate long trades as price moves again to the upper level.
The Relative Strength Index period 14 is level 48 which indicates that price is in the sideways trend zone. None of the content on CaptainAltcoin is investment advice nor is it a wary parker bitcoin how to claim bitcoin gold at fork gdax for advice from a certified financial planner. Why is Litecoin fork Litecoin Cash rising? Meanwhile, the crypto's price is below the day EMA and the day EMA which indicates that price is in the bearish trend zone. By using a new rating system, Fundamental Crypto Asset Score FCAS that takes into account developer behavior-known to spike ahead of big announcements, user activity, and market maturity, end users will have a better and a comparative metric that will test the viability of the project and its future growth perspective. But the LitePay team failed to deliver the project and they noticed that the team did not have the potential to execute the project. Bitcoin BTC: When the Litecoin was just released, it was added to some of buy bitcoins instantly without verification rx 560 4gb gddr5 ethereum exchange services and its price went up so fast, no one expected. Yesterday, January 31, the price of Litecoin was in a bearish trend zone. Litecoin has been ranked as the B category — basic with overall points litecoin price target no bitcoin wallet of May 7th. This way, the LN could act as a decentralized exchange and a one-in-all scaling solutions for cryptocurrency networks. The abrupt event was very unexpected since the retailer gateway had only opened its doors a couple of weeks earlier, and just when they were starting the business got .
If price continues to test the trend line without breaking it, the trend is said to ongoing. Lightning Network development is on course and with Litecoin playing wing man, merchants stand to benefit cementing Litecoin position as a go-to network spurring adoption. On March 1, the bulls break above the EMAs to reach the bullish trend zone. The following predictions are made with the assumption that price will follow the pattern laid out in the previous correction and on the time tables we defined:. Today, the bulls made another attempt to break the day EMA but were resisted. Both coins can exist together. If anything, prices are in consolidation mode and as they accumulate, momentum is shifting from bearish to bullish. On the 1-hour chart, the price of Litecoin is in a bullish trend zone. The LTC price is trending above the trend line.
On the 1-hour chart, the digital currency is in a bullish trend. Yesterday, February 28, the price of Litecoin was in a sideways trend zone. The bears pulled back price to the bearish trend zone and commence another range bound movement. Ethereum, another one of the top crypto networks on the planet, also struggles with network and speed problems. This has been the scenario since January And litecoin price target no bitcoin wallet will lead to price revisiting the previous lows. Today, the bulls are making another attempt at the resistance level. Today the bulls have broken above the EMAs to trade in the bullish trend zone. We can safely dash number of coins nvidia geforce gt 520 monero that any positive developments bitcoin investor makes millions 2fa token coinbase the Bitcoin community directly benefits Litecoin, not only because it trickles down to Litecoin and other cryptocurrencies, but also because the added traffic within the Bitcoin network drives up transaction fees and clogs the system, causing migration towards the Litecoin project. Many expect that these LTCs rewards will lead to coin scarcity consequentially leading to an increase of demand further pumping prices cementing LTC at fourth. On the 1-hour chart, the price of Litecoin was in a range bound movement. Of course, Litecoin was never designed to compete with Bitcoin.
At the time of writing, Litecoin LTC was up 1. Meanwhile, the MACD line and the signal line are above the 3. Aside from that, there is rejection of lower lows right off the A day EMA resisted a bearish candlestick that fell in a downward trend. Litecoin itself is an open source fork of Bitcoin which started working in Crypto is promoted as an alternative to the susceptible, government-issued fiat money. With Bitcoin slowly disappearing from the dark internet, the battle for its market share seems to be between Dash, Monero, and Litecoin, with the latter with a firm hold of the pole position. To determine what prices might be reached, we must determine the time tables during which the patterns we define might unfold. Traders should look out for buy setups so as to initiate long trades. The LTC price has broken the upper level of the previous price range. Yesterday, October 4, the LTC price was in a bullish trend. They should allow the market to take them out of trading. It is also meant to assess the validity of the patterns defined herein. Debian Download. The rate of 1. The reason is lack of unique value proposition — it is just blunt copy of bitcoin with couple of parameters changed. There are a few sub components which provide data to each fundamental: The crypto's price is likely to rise, traders are to look out for buy setups and initiate long trades. The bearish movement is likely to continue as the price is below the moving averages.
This feature allows for invoices at the LN domiciled in BTC to be paid in a one-step procedure called submarine swaps. Mati Greenspan, a senior market analyst at eToro , wrote that the number one real-world usage of Litecoin seems to be a settlement method for crypto traders. This is a data backed claim that litecoin is not that great off fundamentally, especially its development side. Notably, this way, European traders will have access to LTC in a secure and regulated way boosting confidence among investors. Yesterday, November 7, the price of Litecoin was in a bearish trend. Price is likely to fall after the retracement. During the chat, he described the entire issue regarding LitePay scandal. BeInCrypto believes readers deserve transparency and genuine reporting. In the future they will have to take the other route — i. Last week the price Litecoin was in a bullish trend as the crypto was trading above the EMAs. Litecoin would have to increase percent to reach XRP. Forecast For now, the bearish trend is ongoing. The bearish trend is continuing and the price has reached the oversold region of the market. Ufuoma Ogono - May 27, 0. Yesterday, February 4, the price of Litecoin was in a bullish trend.
Litecoin price equals to On May 12, the sellers located the lower price range and the LTC price consolidated for two days. From Texas, Pennsylvania to New Hampshire, there is a wave of change. Yesterday, April 1, the price of Litecoin was in the bearish trend zone. Around three dozen brand-name companies acted as participants for the Marketplace, providing critical feedback for IOTA. Yesterday, the bearish trend line was drawn to determine the duration of the bearish trend. However, the wallet was not the only thing that contributed to the massive jump. The price may likely rise in the bullish trend zone. On December 1, the bulls made a bullish movement above the exponential moving averages. Notably, this way, European traders will have access to LTC in a secure and regulated way boosting confidence among investors. How high will Litecoin go? Litecoin price target no bitcoin wallet here to learn. The bears took control of the price and break the EMAs to the downside. Beyond this, amateur investors may be aware of other cryptocurrencies like ripple or EOSand they may also be familiar with gimmick tokens like dogecoin. Traders should look out for buy setups and initiate long trades in anticipation of the bullish trend. Charlie Lee, the co-founder and the public figure head of Litecoin is always on the news. Yesterday, January 22, the price of Litecoin was in a bullish trend zone. The resultant effect was that price fell to the day EMA and made us xrp exchange litecoin ideas bullish movement. This occurred on the weekly candle for the week of Jan Jan 19, It can be temporary or permanent; hard or soft.
High transaction speed; A built-in protocol that increases the plasticity of the system and the speed of operations; A large amount of reward for cloud mining. All the same, the failure of CoinBene to make public their wallet maintenance did cast doubt on the safety of user funds but the exchange seems to be working on this and reassuring those in that their platform is secure. The price of Litecoin has reached the oversold region of the market. Litecoin itself is an open source fork of Bitcoin which started working in In Aug , LTC is expected to undergo its second halving. Alexander Fred Alexander Fred writes for BeInCrypto where he completes technical analyses of various alt-coins and qualitative commentary and analysis about various cryptoassets and their potential for social integration. On December 1, the bulls made a bullish movement above the exponential moving averages. Using the same rate of increase and the 1. Carolyn Coley - May 21, 0. On the 1-hour chart, the price of Litecoin was in a range bound movement. Yesterday, November 20, the price of Litecoin was in a bearish trend. At the time of press, Litecoin LTC is down 4. CoinFan is a website that offers price forecasts for every relevant cryptocurrency. At spot rates, Litecoin is relatively unchanged in the last 24 hours. On December 6, the crypto's price fall is ongoing.
From Texas, Pennsylvania to New Hampshire, there is a wave of change. After the bulls broke the resistance level, the price action showed a Doji candlestick indicating that the buyers and the sellers have reached an equilibrium price. On the downside, if price breaks below the day EMA and the day EMA, the crypto is likely to resume a downward trend. Further cementing our conviction is the inability of sellers to confirm Jan 10 lower lows as price action oscillates within Jan 14 bull bar. A day EMA resisted a bearish candlestick that fell in a downward trend. Cryptocurrency Prices List Live Chart: Though a novel idea, Monero and its strict anonymity properties is facing backlash from security organizations such as the US Secret Service. Traders should initiate long trades at the lower level of price in anticipation of a bullish trend. It is also designed check bitcoin address history buy ethereum from hawaii you can easily mine it and rapidly transact it. This way, the LN could act as a decentralized exchange and a one-in-all scaling litecoin price target no bitcoin wallet for cryptocurrency networks. But the LitePay team failed to deliver the project and they noticed that the team can minors mine bitcoin pivx price prediction not have the potential to execute the project. In order to do that, we will use the 1. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. Yesterday, April 15, the price of Litecoin was in a bearish trend. The crypto's price is in the bullish trend zone.
Until these prices are validated, the patterns we define cannot be considered accurate indicators of future june alt report by clif high dash mining with ccminer. Yesterday, January 23, the price of Litecoin was in a bullish trend zone. The situation was further exacerbated by Nick Schteringard, a reporter investing 401k in bitcoin how to get api secret key for coinbase Forklog, who reference two ETH wallets with suspicious trading activities. I tend to believe in you and litecoin more then I do bitcoin and the longterm future I see better with ltc how does that make u feel? For example, Litecoin founder Charlie Lee left his job at Alphabet subsidiary Google to work full time on promoting Litecoin as of June Hard to tell but probability for that is higher than with most other coins primarily for 2 reasons: Traders should look out for buy setups so as to initiate long trades in anticipation of a bullish trend. The bears pulled back price to the bearish trend zone and commence another range bound movement. But, before we get ahead of ourselves, we should note that the price of any crypto asset is largely determined by supply-demand dynamics, hype, adoption levels use-case and code improvement. XRP price predictions LTC is resting at MA level at 0. The bearish trend of April 6 was continuing as at yesterday. From statistics, Litecoin is a top performer adding eight percent in the last day.
Litecoin price equals to Back to the daily chart and the ranging market of the last two months is clear. In fact, Litecoin transactions take just 2. This occurred on the weekly candle for the week of Jan Jan 19, In addition, the MACD line and the signal line are below the zero line which indicates a sell signal. Litecoin Price Prediction About The Author Giorgi Mikhelidze. Yesterday, April 22, the price of Litecoin was in the bearish trend zone. QuadrigaCX users are incensed. Up one percent in the last day, Litecoin LTC bulls are in control and trading within a bullish breakout pattern. Well, prices tanked and Charlie earned mega profits. Then a possible retests of the previous low are possible. But less than two weeks later, on March 16, LitePay CEO Kenneth Asare informed Litecoin, which was an investor in the LitePay project, that it was ceasing all operations and planning to sell the company. Confidence is largely because of the hype element so prevalent in the crypto market and the effect of supply-demand that affects any free market. From Texas, Pennsylvania to New Hampshire, there is a wave of change. Max Mayer - May 25, 0. Price of Litecoin is expected to fall but will face resistance at the support level. As such, we do not accept payment for articles. As a result, we expect prices to further expand as more coins are mined— However, the growth is not much.
Nonetheless, the coin is up 4. On this date Bitcoin and Litecoin could see some serious price movements. Before then, the short term trend appears to be under the control of buyers. Sincehe has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. One thing to bear in mind is the turbulent and erratic nature of bitcoin — a sudden thrust up or litecoin price target no bitcoin wallet down is always on the cards which would invalidate this and all other analysis and predictions. However, the growth is not. XRP price predictions On the 1-hour chart, the price hashflare vs amazon how profitable is dash mining Litecoin was in a bullish trend. Today, the bulls made another attempt to break the day EMA but were resisted. Anyway — they have to differentiate. Yesterday, December check bitcoin balance with receiving address japan banks use ripple, the price of Litecoin was in a sideways trend. Tracing these highs gives us a descending resistance line see graph. Last week, on the 1-hour chart, the price of Litecoin was in a bearish trend zone. The crypto has the tendency to fall. If this mine hash coin mining btc vs eth to be achieved, the value of 1 LTC would equal. On the 1-hour chart, the crypto's price is in a sideways trend. The LTC price is still likely to fall because the price is in the bearish trend zone. Yesterday, November 7, the price of Litecoin was in a bearish trend. The MACD line and the signal line are below the zero line which indicates the sell signal. It is a well known fact that Charlie Lee sold at the peak of LTC price and tweeted a very good advice to the rest of the holders:
Today, the bulls made another attempt to break the day EMA but were resisted. However, if price breaks the trend line and the following candlestick closed on the opposite of the trend line; the current trend is said to be terminated. Later, it commenced a range bound movement at that price level. If the pullback is heftier than that, than dip all the way down to the starting point of this rally Fib at 0. A bullish candlestick has risen and closed on the EMA. No ads, no spying, no waiting - only with the new Brave Browser! Today, the bears are still in control of price below the EMAs. Last week the price of Litecoin was in a bearish trend zone. Who accepts Ethereum as payment List of companies that accept Ethereum — We Note that sellers are pressing lower despite LTC prices dropping more than 90 percent from peaks.
We do this by examining the times of the two corrections:. Presently, the day EMA has resisted the bearish candlestick which might likely fall. Brian Lubin - May 27, poloniex exchange day trading bitcoin wallet developer guide. In addition, the price of Litecoin is neither above nor below the day EMA and the day EMA which indicates that bitcoin total hashrate how to download ledger bitcoin app is in the sideways trend zone. Last week the price of Litecoin had been on a downward fall. All the previously initiated long trades should be exited as the bears came back to resume their bearish movement. In the long-term, should cryptocurrencies succeed to the point where it is legitimately difficult to get ahold of Bitcoins, Litecoin may see success in the retail sector as a more effective means of payment. Sign in. Since then, Litecoin has seen a spike of 37 percent in its price. That way, traders would be trading in the direction of the strong bear candlestick of Week ending Sep 9 and syncing in perfectly with the general bear trend. The reason for this is because, in every halving session, the number of Litecoin rewards are halved by 50 percent. Those hoping to easily use their LTC litecoin price target no bitcoin wallet retail vendors were sadly disappointed, however, when the project shut down only one month later. The bulls are making an attempt to break above the EMAs. At spot rates, Litecoin is relatively unchanged in the last 24 hours. LTC Forecast Analysis. The Relative Strength Index period 14 is level 53 which indicates that price is in the sideways trend zone. The price of Litecoin had not been able to break the lower and upper levels of price range. Hard to tell but probability for that is higher than with most other coins primarily for 2 reasons:
But the LitePay team failed to deliver the project and they noticed that the team did not have the potential to execute the project. The price is now falling towards the bearish trend zone. In the other words, it is the support level where buyers are willing to buy. This is known as a bearish cross and often indicates that a downtrend has begun. Related Posts. From the chart, the MACD line and the signal line are above the zero line which indicates a buy signal. Last week the price of Litecoin was in a sideways trend. I am sorry for having hyped up this company and vow to do better due diligence in the future. Meanwhile, the MACD line and the signal line are above the 2. If there is a reduced supply issuance, with higher demand in the market for this digital asset, the price could start to move upwards in a faster way. Both coins can exist together. First, note that prices are literally in consolidation mode and although we have these lower lows printing in relation to the upper BB, buyers are firm and likely to edge higher in days ahead. Traders should look out for buy setups and initiate long trades as the price has reached the oversold region. If we factor in Mimble Wimble, confidential transactions and the last upgrade in Litecoin Core 0. To better visualize large price fluctuations, logarithmic charts are going to be used in this analysis. The day EMA acted as a support level as price began to fluctuate above it.
Meanwhile, the crypto's price is above the day EMA and the day EMA indicating that price is in the bullish trend zone. Predicoin wraps its analysis up into a single simple indicator known as the SentScore, which is formed from the combination of five different verticals:. Last week the price of Litecoin was in a sideways trend. He also mentioned that the security for Bitcoin Cash is very low because it shares the same hashing function as Bitcoin, making it more exposed to hacks. As the digital currency falls, it is approaching the lower level of price range. Charlie believes that the price variation of any coin is only due to the market rates and the underlying technology should not be responsible for the same. In the meantime, there are many other coins that can be used for this purpose that are even faster and cheaper, almost free Nano for example. The crypto's price is currently in a range bound movement. Business That Accept Litecoin On the 1-hour chart, the price of Litecoin is in a bullish trend zone. Yesterday, March 11, the price of Litecoin was in a bearish trend zone. Yesterday, February 18, the price of Litecoin was in a bullish trend. The previous day close: June 2, Yesterday, January 14, the price of Litecoin was in a bearish trend zone. The SFOX volatility report reads as follows:. Last week the price Litecoin was in a bullish trend as the crypto was trading above the EMAs. On the 1-hour chart, the crypto's price is in a bearish trend.
Today, the price of Litecoin broke the lower level of price range and it has commenced a bullish movement. I would say yes. Just as Litecoin supports Segwit, it also supports the highly-anticipated second-layer payment protocol called The Lightning Network. BeInCrypto and the author are not responsible for any financial gains or losses made after reading this article. Litecoin creator Charlie Lee took to Twitter to share his excitement of Litecoin leading the gains. Today, the price of Litecoin is trending at the day EMA. And the reason I think Litecoin is dead is not because of its price — it dropped together with the whole market and not fxcm bitcoin cool ethereum projects its own fault. Crypto, although defining and shaping, is a long way from mainstream adoption. Recent Posts. Today, the digital currency reached the upper price level and it was repelled. Below is our long-term forecast where we cover general market movements and sentiment shifts before delving deeper into the specific predictions for LTC. Meanwhile, litecoin price target no bitcoin wallet crypto's price is below the day EMA and the day EMA which indicates that price is likely to fall. As the digital currency falls, it is approaching the lower level of price range. During the week of Jun Jul 2,the week moving average crossed below the week MA. On the 1-hour chart, the price of Litecoin was in a bearish trend. Litecoin can do everything Bitcoin can and it is often called a testnet for bitcoin. The SFOX web cryptocurrency open source api dgb digibyte price future forecast report reads as follows:.
Yesterday, February 28, the price of Litecoin was in a sideways trend zone. Furthermore, seeing how investors reacted to something as simple as a hardware wallet, the bull sentiment is guaranteed to remain. Email me! Today, the crypto's price is retracing to the lower high. The bulls were resisted at the day EMA and price fell back into the bearish trend zone. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Comparing the length of these movements allows us to generate ratios that may help us in determining future prices and when they will be reached. I am sorry for having hyped up this company and vow to do better due diligence in the future. On the downside, if the bears break below the EMAs, the crypto is likely to resume its downward trend. The upgrade continues to become more widely adopted as time progresses, and is an example of how Litecoin benefits from having the same core technology like Bitcoin. The digital currency fell to the lower level of price range. Similarly, a downtrend followed. That was why the price had been in a downward trend.
Best cryptocurrency investment course elliptic bitcoin November 24, the price of Litecoin was in a bearish trend. Speaking of which, experts from various circles pointed out that Litecoin has the foundations to reach new heights in Home Updates Litecoin price predictions Bitcoin Litecoin price target no bitcoin wallet Last week, the price of Litecoin was in a bullish trend zone. Also, the MACD line and the mining in cryptocurrency bitcoin mining reddit nicehash line are below the zero line indicating a sell signal. Some experts hypothesize that the popularity of this coin will come to naught, which in turn will lead to the collapse of the Litecoin price and the exit of Litecoin from the market. It is based upon the same source code as Bitcoin with some minor alterations. Nonetheless, Ripple continues to sign new partnerships with companies around the world to start using different why money transfer so slow coinbase electrum wallet recovery developed. Yesterday, November 7, the price of Litecoin was in a bearish trend. In February, with cryptocurrencies reeling from their first major decline in years, Litecoin caught fire. Back to the daily chart and the ranging market of the last two months is clear. However, if the bulls failed to break the upper price level, the price action will fluctuate between the two horizontal lines. Notice that unlike other assets, the announcement of Mimble Wimble integration by Charlie Lee and the prospect of confidential transaction did spur that first wave in early February and traders have been building on it benefiting investors. That translate to a 3.
Note that from a top-down approach, sellers are technically in control and trading within a bear breakout pattern mainly because of liquidation of early Nov If we factor in Mimble Wimble, confidential transactions and the last upgrade in Litecoin Core 0. Last week the price of Litecoin was in a sideways trend. However, if price breaks the trend line and the following candlestick closed on the opposite of the trend line; the current trend is said to be terminated. Since , he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. The digital currency was in a bullish trend after a long period of a downward trend. A sharp decrease followed almost immediately. He mentioned that Litecoin will always be cheaper than Bitcoin because of its larger capacity. Litecoin seems to be on the rise!