Litecoin is ranked at #6 to the north of EOS as well as Binance Coin in the market. The price received a boost of 1.16% in the course of the past 24-hours. This brought LTC all the way up to $56 where it presently rests. The trading volume recorded stands at roughly $2.173 billion, whereas the supply has 63,351,004 LTC coins involved as part of circulation. For now, the total market cap of Litecoin amounts to $3.547 billion.
Using a Bitcoin/Litecoin wallet on any iPhone older than & including the iPhone X is now considered insecure. I’d recommend upgrading you device. https://t.co/nn8NrOxCeL
— Loshan (@loshan1212) September 27, 2019
According to the candlestick chart linked to the LTC/USD pair on tradingview [based on data obtained from Bitstamp], this top-ranked cryptocurrency [also referred to as "Bitcoin’s little brother”] is still being influenced by sellers in the market. The daily RSI [f[for 14 periods]as managed to recover beyond 30; it now sits at 31.35, thus showing that Litecoin has successfully escaped the oversold zone.
The space between the MACD line and the signal line has reportedly grown smaller [t[the MACD line ventured beneath the signal line post-23rd September this year]Resistance can be found adjacent to the $80.1 mark, and support lies close to the $50.46 point. The Awesome Oscillator continues dropping further below the zero line [t[the peaks created since 22nd September bear the brown shade]This coupled with the Ichimoku Cloud’s crimson state signifies the prevalence of bearish momentum being the primary driving force.
I’ve been holding on to this news for months now, but can finally announce that @RonPaul will be speaking at the Litecoin Summit in Oct and I’ll be emceeing! 🙂 So very excited about this!! https://t.co/jzwWFABEHj
(use LTCLV19NAO for 10% off)@LTCFoundation @SatoshiLite https://t.co/kzpGyOBMX2
— Naomi ₿rockwell (@naomibrockwell) September 27, 2019
Ron Paul is a Congressman who hails from Texas.
— Litecoin Foundation (@LTCFoundation) September 27, 2019