Bitcoin Forum

Litecoin has recovered from its recent losses. On Tuesday, the coin was caught in the loop between the resistance level at $137 and support level at $134.8. The major drop occurred at 14:50 UTC and the price suffered a 2.99% loss. The trading value dropped from $136.7 to $128.36.

Today, LTC coin price gained back momentum and hit $139.76. Litecoin price has increased by 4.69% against the USD and trading at $137.12 USD. In terms of LTC/BTC, the price spiked up by 4.56% with trading value 0.01496901 BTC.

Read more about reason behind sudden spike https://coinpedia.org/news/ltc-coin-price-booms-with-the-launch-of-crypto-debit-card/

Litecoin Halving is the biggest thing about LTC, not some random debit card.

No official explanation yet. Is he going to make a card program himself? Or will it be involved in one of the existing projects?

Yup, Certainly that is the most important reason for the recent growth of LTC. Plus the well-prepared preparations from the LTC team, by injecting in valuable pool bonuses for holders and traders (Huobi). Perhaps that is a big premise for an upcoming launch of Halving. And hopefully we will see BTC at over 10k and LTC at $ 250 in August.

That is interesting. I am actually planning to buy some Litecoin and hopefully hold until after the halving. Now, may I know. Do you think LTC can hold on to the momentum even after the halving is done? Or will there be an avalanche of sellers once it is finished? Let's just speculate here...

Correct, halving in the next couple of months is what pushes LTC to a bull run today.

As far as Debit Card though, the fee's, that's one thing users will want to see before they acquire them. Don't be fooled by this companies issues plastics, learn the basic so that they won't 'scam' you.

that and halving will boom litecoin further more https://www.coingecko.com/en/coins/litecoin

This is one reason why I am very happy to invest in Litecoin. I have never been afraid when litecoin prices declined and were always sure to increase again. And coupled with the latest news about Litecoin this will definitely continue to increase. So you do not wait for the above litecoin to invest.

True, I also have some investment on Litecoin because I know sooner or later this coins will take a massive price increase prior to its halving. Me and my friends are very happy that we indeed put some money on it. But regarding its crypto debit card launch, I'm sorry but it will be not the case as to why the sudden spike in the price. Of course having a debit card is good, but I wouldn't rather HODL on it on my own wallet and besides, Coinbase releases it's own debit card in 6 countries in EU, if I'm not mistaken, and the complain? the fees are too high.

I remember when every little news pumped altcoins like crazy, now we can expect these little gains when halvening occurs.

I also expect LTC price steadily climb to 330-350$ range at halvening and drop to 270-290 afterwards.

See big resistance at 300$ but these walls have vanished before attack.

Great news for litecoin for the holder possible get earn profits.





That's is right mate because litecoins is the most potential coins and popular coins at this time that give more possible profits to thise believers.

I agree with him, it's not about the debit card but the biggest event for Litecoin is the halving on August.
It's the main reason for the push since early of this year. Though the partnership is recognizable and is also a good thing that ever happened to Litecoin.

Is that will become another litepay.us again? a rumour that created by the team to made litecoin got its hype in the past. I don't believe until that will be released and that card can be used properly.
Remember about the fact that so many people feel disappointed with litepay.us in the past.