According to our current Litecoin price prediction, the value of Litecoin is predicted to rise by 2.77% and reach $ 56.45 by November 5, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 31 (Fear). Litecoin recorded 16/30 (53%) green days with 3.03% price volatility over…
On September 18th, the Litecoin price triggered a rising parallel channel pattern with the breakdown of the long-coming support trendline. However, the price is currently stuck in a retest phase, and the lower price rejection candles there indicate weakness in buyer’s commitment. Thus, the interest needs better confirmation before they position their fund in LTC….
Litecoin was created by Charlie Lee in 2011. Today, Charlie is the Managing Director of Litecoin Foundation. A former Google employee, Lee also worked the Engineering Director at Coinbase. Litecoin is the Bitcoin derivative, as it was created as a fork of the core Bitcoin source code. A peer-to-peer open source decentralised cryptocurrency, Litecoin enables…
According to our current Litecoin price prediction, the value of Litecoin is predicted to drop by -3.29% and reach $ 50.21 by October 23, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 22 (Extreme Fear). Litecoin recorded 13/30 (43%) green days with 2.27% price volatility…
MimbleWimble is an upgrade enabling users to achieve much-needed privacy while transacting on the network. The MimbleWimble upgrade was first proposed in November 2019 through a Litecoin Improvement Proposal. At the time, the Litecoin developers aimed to further focus on improving anonymity between senders and receivers. Following the MimbleWimble upgrade at Litecoin block 2,257,920, users…
Litecoin is a cryptocurrency created to send payments quickly, safely and affordably by taking advantage of blockchain technology. The cryptocurrency was established on the Bitcoin (BTC) protocol but varies in terms of aspects such as the hashing algorithm utilized, hard cap, and block transaction times. With a Litecoin block time of only 2.5 minutes and…