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While attending the Dolphins vs Patriots game; Litecoin {LTC} creator rejoices as currency gets broadcasted

Bitcoin

Litecoin is ranked at #5 to the south of Bitcoin Cash on coinmarketcap. The price grew at a rate of 1.86% in the course of the past 24-hours. The trading volume recorded stands at $2.361 billion, while the supply has 63,265,092 LTC coins involved in circulation. The total market cap of Litecoin is $4.540 billion as of this instant. LTC is currently priced at $71.77 in the market.

According to the data obtained from the candlestick chart connected to the LTC/USD pair on tradingview, one can observe that the price is still being influenced [marginally] by sellers. In the aftermath of 6th September this year, the MACD line began soaring well above the signal line, thus ensuring the green histogram lasts for as long as possible.

The Awesome Oscillator peaks still lie beneath the zero line, though the final few all bear the green shade. This points to reduced fluctuation, and also indicates that the asset has begun to bounce back. The daily RSI [for 14 periods] is at 50.27. Key resistance can be found at $107.277 which was the price attained during halving. Support exists near $62.447 which isn’t too far away compared to the present predicament.

As John Kim [an LTC evangelist] reported via Twitter, at least 16 million people watch NFL matches. This will help mass adoption soar to even greater heights; which remains a key goal for the entire ecosystem. The developers are working in full-swing to keep the network updated.

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.