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Litecoin {LTC} developer exposes vulnerability, recommends upgrade for iOS users; Ron Paul to attend the Summit


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.

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.

Ron Paul is a Congressman who hails from Texas.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.