by bitcoinist 07/29/2019
Bullish divergence has become visible on the 4 hour chart as Litecoin consolidates within a tight range. This is the result of the previous breakout mentioned in a recent analysis. Litecoin 4 Hour Chart Analysis On the 4 hour LTC/BTC chart, we can see a bullish divergence evident by the three higher highs on Maxx Momentum. This is creating a clear uptrend in conjunction with the three lower lows within the descending wedge. Since then,
Litecoin, the fourth-largest cryptocurrency by market cap, is struggling to maintain its interim bullish bias after reducing its mining rewards by half. The LTC/USD instrument earlier today established a local high of 107.04 on San Francisco-based Coinbase exchange. The move uphill brought the pair up by 12.30 percent from the market open. That was also the time when the Litecoin blockchain was close to reaching the block height of 1,680,000, after which it would reduce
Litecoin price formed a solid support near the $86.00 level and climbed higher against the US Dollar. LTC price traded above the $90.00 and $95.00 resistance levels before it faced sellers near $100.00. There was a break above a crucial bearish trend line with resistance near $91.50 on the 4-hours chart of the LTC/USD pair...
Standard Chartered Bank has completed the first international letter of credit transaction on the oil industry blockchain platform Voltron.