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Litecoin Weekly Forecast LTCUSD Bullish Trend Continues Dec 11- 15

Litecoin Weekly Forecast LTCUSD Bullish Trend Continues Dec 11- 15

  • LTCUSD completes trading  week at 155.24
  • A test is near the 125 level
  • continue the growth of LTCUSD with a target above  190

 LTCUSD Bullish Trend Continues  – An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel

Litecoin LTCUSD completes trading week at 155.24. Cryptocurrency is traded above the upper level which indicates a bullish trend in Litecoin.  A test is near the 125 level, from which it is expected to continue the growth of LTCUSD with a target above  190. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel.

 LTCUSD Bullish Trend Continues  - An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel

LTCUSD Bullish Trend Continues

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the pair traded at a high of 171.55 and a low of 126.59. The Euro traded marginally higher against the US Dollar in the New York session yesterday, with the pair closing the session at 155.24. The pair is expected to its find support at 124.85 and its first resistance at 150.

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|BITCOINRIPPLEDASHCOIN  |  Ethereum  | LTCUSD newsZCASHEthereum Classic  | BITCOIN CASH  |  Monero  |  

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Cryptocurrency Benefits and Drawbacks

Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.

Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.

But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.

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Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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