Besides the current price and its 24-hour development, we included the most relevant technical indicators, such as Relative Strength Index (RSI), Moving Average Convergence/Divergence (MACD), Oscillators, and SMA.
Litecoin (LTC) Indicators
Evaluate the strength and potential of using our table of key technical indicators, including MACD, RSI, SMA, Oscillator, and ADX. These indicators provide in-depth market analysis, helping you to strategize your next move.”
MACD Bullish RSI Overbought Ultimate Oscillator Bullish ADX Strong Short Term Trend Downtrend Mid-Term Trend Downtrend Long-Term Trend Downtrend
Litecoin (LTC) Forex Values
Monitor the value of across key global currencies. Our table includes data in EUR, GBP, JPY, CNY, CAD, and INR, offering a wide-lens view of the international crypto market.
61.43 52.48 487.74 9,793.52 90.70 5,564.04
Where To Buy Litecoin (LTC)?
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About Litecoin (LTC)
Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It is often referred to as the “silver” to Bitcoin’s “gold” due to its similarities to Bitcoin and its aim to complement and enhance the capabilities of the original cryptocurrency.
Technically, Litecoin is a decentralized and open-source blockchain network that operates similarly to Bitcoin. It utilizes a proof-of-work consensus algorithm called Scrypt, which allows for faster block generation times than Bitcoin’s SHA-256 algorithm. This enables Litecoin to provide quicker transaction confirmations and higher potential transaction throughput.
One of the key advantages of Litecoin is its focus on transaction speed and efficiency. On average, Litecoin blocks are generated every 2.5 minutes, which is four times faster than Bitcoin’s 10-minute block generation time. This results in faster confirmation times and a smoother user experience for sending and receiving transactions.
Litecoin also differentiates itself by having a larger maximum supply compared to Bitcoin. While Bitcoin has a limited supply of 21 million coins, Litecoin has a maximum supply of 84 million coins. This higher supply allows for more coins in circulation and potentially more affordable individual units.
Over the years, Litecoin has gained significant adoption and acceptance as a medium of exchange and a store of value. It is supported by various cryptocurrency exchanges, payment processors, and merchants, making it easier for users to acquire and spend Litecoin in their daily transactions.
Litecoin has also implemented several technological advancements to enhance its functionality. One notable improvement is the implementation of Segregated Witness (SegWit), a protocol upgrade that enables more efficient use of the blockchain and facilitates the implementation of further scalability solutions like the Lightning Network.
