THELOGICALINDIAN - All absorption has been focused absolutely on Libra this anniversary as Facebook enters the crypto amphitheatre with its centralized alms This new agenda badge is annihilation like crypto as we apperceive it and one of the years top performers by a mile Litecoin is still activity strong
Over the accomplished 24 hours LTC has regained its Monday losses and topped out at an intraday aerial of aloof arctic of $135 a few hours ago. It has captivated on to these assets during Asian trading this morning as circadian aggregate has added to $3.7 billion.
Litecoin bazaar cap is currently $8.37 billion, bifold what it was at the end of April. LTC has collapsed hardly on the week, cooling off from its 2019 aerial of $142 on June 12th. Over the accomplished 30 days, however, Litecoin has fabricated a whopping 50 percent gain.
Where Next For Litecoin?
Analysts and traders are attractive at the archive for the abutting move as LTC appears to be starting to consolidate. Trader ‘CryptoFibonacci’, who offers circadian assay on the top cryptos, has articular key areas of abutment should a pullback occur.
“Just array of accumulation here. 10 ema has held. 125-126 is some key support. If that is broken, it would accompany the 115 breadth into comedy and possibly 107. Almost looks like a balderdash banderole on this one too.”
$LTC Daily Chart.
Just array of accumulation here. 10 ema has held. 125-126 is some key support. If that is broken, it would accompany the 115 breadth into comedy and possibly 107. Almost looks like a balderdash banderole on this one too.#LTC #Litecoin pic.twitter.com/ASbKQRCfRg
— CryptoFibonacci (@CryptoFib) June 19, 2019
The Fibonacci levels accept appear into comedy ahead and the mid $120s area would be one for added accession arch up to the halving.
With aloof 47 canicule to go, there is acceptable to be a run up to $150 for LTC in the abutting few weeks. Fellow banker and broker ‘Crypto Rand’ has targeted $160.
I can't stop myself from abacus added $LTC
My ambition still: $160 pic.twitter.com/kT3AwVtw84
— Crypto Rand (@crypto_rand) June 18, 2019
Litecoin Foundation Launches Crypto Debit Card
According to a contempo announcement the Litecoin Foundation has teamed up with Bibox Exchange and Ternio to absolution a appropriate copy Litecoin debit card. The BlockCard will accredit users to absorb crypto online or in concrete food anywhere that above acclaim cards are accepted.
Ternio’s BlockCard belvedere will be acclimated to ability the artificial which will authority three cryptocurrencies, LTC, Bibox Token (BIX) and Ternio (TERN). Litecoin asperse Charlie Lee stated;
“This is an agitative affiliation for us as it furthers the Litecoin Foundation’s mission to actualize added use cases for spending Litecoin in accustomed life. Leveraging Ternio’s BlockCard belvedere with Bibox’s barter agent gives Litecoin holders unparalleled admission to use their LTC at merchants about the world.”
The advertisement added that Bibox will act as the babysitter of funds leveraging its $200 actor account of crypto trading aggregate to advice avenue the deposits and spending for users. The debit agenda will be appear in the US aboriginal afore it is fabricated accessible to added markets.
There are big things advanced for Litecoin and the halving is alone bisected of it.
