Litecoin

Litecoin is often regarded as the little brother of Bitcoin, being from the very beginning a peer-to-peer currency, that has become popular and spread rapidly since its launching in 2011. The blockchain-based trading coin is used to transmit money directly between two people without the third part regulation instance, such as a bank and so on.

Charlie Lee is a computer engineer who had an aspiration to find a lighter version of Bitcoin. When Bitcoin (btc) was regarded as “gold” and some kind of storage for values, Litecoin (ltc) was taken as “silver” and a means of everyday transactions for a cheaper cost. So, on October 7, 2011, Lee launched Litecoin via an open-source client on GitHub. Generally, it is a fork of the Bitcoin Core client, which in practice went live on October 13, 2011.

Litecoin in a Brief Surge, Setting up for a Potential Relief Rally
Jul 07, 2020 at 11:51
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Litecoin in a Brief Surge, Setting up for a Potential Relief Rally
Litecoin rebounded above $41 as the coin reached a high of $43.88 high. Following the recent breakdown on June 27, the bears pushed the coin to $39 low.
Litecoin Makes a Deep Retracement, May Soon Resume Uptrend
Jun 30, 2020 at 11:14
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Litecoin Makes a Deep Retracement, May Soon Resume Uptrend
On June 27, Litecoin plunged to a $39 low after the bears broke the $42 support. The crypto has been consolidating between $42 and $45 since June 11.
Litecoin May Revisit April $39 Low, Attempts Reaching the Limit of Market Structure
Jun 26, 2020 at 12:26
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Litecoin May Revisit April $39 Low, Attempts Reaching the Limit of Market Structure
Since it attained a peak price of $50, Litecoin has been on a downward move. In June, LTC encountered a breakdown which made it drop to $42 low. Price corrected upward but was resisted at the $45 high.
Litecoin Builds Strength and Sustains Hold above $42 Support
Jun 23, 2020 at 12:02
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Litecoin Builds Strength and Sustains Hold above $42 Support
Litecoin bulls are attempting to push prices above $45 resistance but find penetration difficult. Buyers have earlier pushed LTC to $50 high in June but the market reached the overbought region.
Litecoin Struggles to Retake $50 Overhead Resistance, Uptrend Likely
Jun 05, 2020 at 12:09
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Litecoin Struggles to Retake $50 Overhead Resistance, Uptrend Likely
Litecoin made an impressive move on June 1 as bulls retested the $50 overhead resistance. The first retest was in April as the crypto reached the overbought region at $50.
Litecoin Rebounds on Market Surge, Increase Possibility of a Rally
Jun 02, 2020 at 11:34
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Litecoin Rebounds on Market Surge, Increase Possibility of a Rally
Litecoin has made tremendous and marvelous moves after breaking the downtrend line. LTC rebounded above the $43 low to break the downtrend line.
Litecoin Bulls Buy the Dips, Attempt to Breach Downtrend Line
May 29, 2020 at 11:54
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Litecoin Bulls Buy the Dips, Attempt to Breach Downtrend Line
Litecoin has made a gradual upward move as it approaches the downtrend line or retests the $50 overhead resistance. In recent times, the upward move has been plagued by several setbacks.
Litecoin May Slide Amidst Bear Threat
May 26, 2020 at 12:02
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Litecoin May Slide Amidst Bear Threat
Litecoin has settled above $42 after a series of downward moves in May when the coin reached the overbought region. The crypto has a major breakdown that plunged it to $39 low.
Litecoin on Its Last Legs of Downtrend Correction, Resumes Consolidation
May 22, 2020 at 09:58
News
Litecoin on Its Last Legs of Downtrend Correction, Resumes Consolidation
Yesterday, Litecoin further depreciated to $42 after the bulls failed to push price above the $46 resistance. It has been on a downward move after the crypto achieved its peak price of $50.
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