Litecoin is an electronic currency based on blockchain technology, created in 2011 by Charlie Lee. Litecoin is designed as a complement and alternative to Bitcoin, providing faster transaction speeds and greater efficiency by improving some of the problems that Bitcoin has.
Litecoin has several significant advantages over other cryptocurrencies:
1. Fast transaction confirmation: Litecoin’s block confirmation time is only 2.5 minutes, much faster than Bitcoin
2. High security: Litecoin uses blockchain technology similar to Bitcoin, which is decentralized and non-tamperable. 3. Powerful mining network: Litecoin uses the Scrypt hash algorithm, which makes Litecoin’s Mining is easier than Bitcoin. 4. High divisibility: Unlike Bitcoin, Litecoin has a larger total supply, reaching 84 million coins.
As of the time of writing, Wright is currently at the handicap with a micro-digit of 98. It can be seen that there is a lot of resistance. The resistance near 105 is the strongest. In the short term, it is estimated that it will continue to test the EMA below this position. The trend indicators can also see that the basic upward alternation has long ended, MACD volume has decreased, the K line has been blocked, and the upper limit of the Bollinger Bands at 104 has strong pressure.
The 4-hour short-term trend began to call back to find a standing point, especially the support near 96. The second support below is focused on the 94 mark. MACCD shrinks downward, and the short-term is obvious. Bulls need to be cautious. KDJ has not yet closed, and the K-line has been in the Bollinger Bands. The market is trading sideways above the middle track. It is suggested that low and long positions should be the mainstay and high altitudes should be supplemented.
This article is exclusively contributed by academicians of the currency circle and represents only the academicians’ exclusive views. He has in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of publishing the article, the above opinions and suggestions are not real-time and are for reference only. Please bear the risk at your own risk. Please indicate the source when reprinting and make reasonable orders. Control your positions well and never operate with a heavy position or a full position. The academician also hopes that all investors will understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should be obtained fly away. There is no need to be smarter than the market in investing. When the trend comes, respond to it and follow it; when there is no trend, watch it and stay calm. It’s not too late to wait until the trend finally becomes clear before taking action. Tomorrow's success comes from today's choices. God rewards diligence, integrity rewards kindness, humanity rewards sincerity, business ethics rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are all inadvertent. Develop the habit of strictly taking a stop loss and a stop profit on every order. Academicians of the currency circle wish you a happy investment! $LTC #莱特币 #热门话题 #LTC.每日智能策略
