LTCUSD (Litecoin) – Week 18 – $285 decision
The Komodo (KMD) team has announced their intention to use the Litecoin blockchain for cross-chain notarizations. The move is intended to shield small chains on the Komodo platform from 51 percent of attacks.
Goldin Auctions, a trading card and collectibles website, has announced the selling of a Tom Brady rookie card for $1.68 million in Litecoin. The card is a special 2000 Playoff Contenders card, and is regarded as the collecting industry's "Holy Grail." It's the costliest thing purchased with cryptocurrency on Goldin Auctions since the platform started taking cryptocurrency payments a month ago.
Technically, last week we said that Litecoin is on its path toward the resistance area marked on the chart and it’s reaching that area now. The 280-290 USD range is very important to see what is the next step. It will either go through the resistance and head higher or it will make a deeper pullback.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Goldin Auctions, a trading card and collectibles website, has announced the selling of a Tom Brady rookie card for $1.68 million in Litecoin. The card is a special 2000 Playoff Contenders card, and is regarded as the collecting industry's "Holy Grail." It's the costliest thing purchased with cryptocurrency on Goldin Auctions since the platform started taking cryptocurrency payments a month ago.
Technically, last week we said that Litecoin is on its path toward the resistance area marked on the chart and it’s reaching that area now. The 280-290 USD range is very important to see what is the next step. It will either go through the resistance and head higher or it will make a deeper pullback.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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