Litecoin signals: Faster and cheaper confirmations will push Litecoin up to $ 300 in a few weeks #BuyLitecoin

The cryptocurrency alternative Litecoin, sends purchase signals, is at attractive prices and there are no sellers in the trade, although buyers are cautious, a "golden cross" marks the restart of an uptrend, as part of the continuation of the primary trend (1), after breaking the secondary downtrend that lasted two months.

Litecoin is heavily supported at $ 140. It has begun to build a bullish channel, after escaping from the downward trend that it brought, the MACD signal was given in the first days of February in daily charts, and it has been confirmed with a "golden cross" in which the moving average short-term crosses up to medium-term (A). Litecoin at the time of the forecast quotes 198.61 dollars and aims to rise to the area of ​​305 dollars in the short term, but not before testing the resistance in the area of ​​250 dollars.

About Litecoin there is news to help you upload, from February 25, LitePay payment platform is launched, which, with a Visa card will facilitate the payment and withdrawal of cash using Litecoin with exchanges at ATMs and points of sales that support the system. This project has great potential, since Litecoin has in its favor that its transactions are carried out in less time than in Bitcoin. Litecoin approves operations every two minutes, while the leading cryptocurrency does it every 10 minutes, Litecoin commissions are much cheaper than Bitcoin, this last has been one of the reasons why Litecoin has begun to gain ground.

Litecoin will continue to rise, since the end of January it has had an interesting upturn from 100 dollars.

Prices are referenced with the WEX.nz platform

Forecast date: February 24, 2018

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