CryptoComes

Litecoin - A system as the reason of coin growth

BITFINEX:LTCUSD   Litecoin
All people discuss Bitcoin or Ethereum, but there are many other promising top coins. Litecoin is a vivid example of such an asset. The reason why we have chosen LTC, but not any other crypto is today’s growth by more than 3%. Such a rise is backed by the release of Litecoin Core v0.17.1.

This update includes a small change in the user interface, a new wallet format, enhanced privacy features and a significant shift in policy regarding commissions.

In terms of the technical analysis, LTC has rocketed by more than 5% just over 1 hour, as it is outlined on the hourly chart. The quotes have touched the resistance at $78.4, however, could not fix the level.
In order smooth growth continues, the asset should come back to the support at $78, and then a road to $81 may happen by May 11. The MACD indicator also backs such a forecast.

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