What is Litecoin (LTC)?
*Litecoin (LTC) is created from a fork in the Bitcoin blockchain in 2011. At the start (LTC) was designed to inscription the developer's examine that Bitcoin was becoming too centrally controlled and going to make difficult for many largescale mining firms to rise in mining.
*Litecoin aim was to provide fast, secure and low-cost payments to leveraging the remarkable properties of blockchain technology.
*An open source client on GitHub has released Litecoin on Oct.7. 2011.
Founder of Litecoin (LTC)
*Litecoin was found by Charlie Lee, Charlie also known as "Chocobo,".
*He is an Bitcoin minor and computer scientist also work for Google as an former engineer.
*Today, Charlie is an Advocate of cryptocurrencies and works as the managing director of the Litecoin foundation.
Litecoin maximum supply
*Litecoin has maximum supply of 84 million coins and 66.245 million LTC coin has already been minned.
*The cryptocurrencies blockchain produce a new block in every 2.5 minutes. In every four years LTC mined per block decreases because of havling schedule.
Where to buy Litecoin (LTC)
*Coinbase
*eToro
*Kraken
*Binance
Future of Litecoin (LTC)
*Now Ltc support at 49.70-49.80, if we don't hold this support and breakdown happens then next support will be at 40.20 if this support also got broke and we see another brakedown then next support will be 24.50.
*Now Ltc resistance is at 65.20, if we see a breakout here then next resistance will be 95.80 and others resistance are going to be at 134.10, next will be 230, next at 297 and last resistance at 414.
*Ltc is a good coin for long-term investment it is stable coin, in next halving it can give you a good return of 3x-5x.
*Now Ltc making a double bottom as show in RSI and macd can show a little bullish move here.
*If people wants to buy always buy in parts dont invest your whole money at once. Buy at different entry points you can get a good average entry point.
*As people can see, In last 5-6 years it is maintaining its position in top 20 coins in the market.
*Available in all exchanges as in have mentioned above (Where you can buy Ltc).
*Share other coins name if you want to analysis post of any coin.
