Connect with us


The rise of Litecoin (LTC) could be quicker than everyone expects



Litecoin LTC

Following Litecoin (LTC) progress in the cryptocurrency market, it seems the digital coin is on the long-term rise recording upward value trajectory for the past few days showing no sign of stopping. That is the main reason why many investors and traders are looking into the virtual currency to try and predict its prices before this year ends.

Before we continue, it is imperative to understand that Litecoin (LTC) is far more similar to Ethereum and Bitcoin than one could expect. Only by understanding their shared attributes and features is when you will be able to predict its value and price easily (and close-to-perfect).

At present, although facing a lot of resistance at the 77 US dollar level, Litecoin is on its way up with signs of fetching higher prices against Bitcoin (BTC) and the US dollar. The virtual currency is facing a lot of resistance at the 77 US dollar mark.

Currently, Litecoin (LTC) is exchanging at 74.9 US dollars after a price appreciation of 1.09% over the past 24-hours. In regards to its market capitalization, Litecoin boosts of an impressive $4.32 billion worth of market cap with a trading volume of over 271.6 million over the past one day.

Litecoin (LTC) Price Analysis and Movement

Although taking the market by storm with plenty of good news, Litecoin (LTC) has had several price declines recorded beneath the 77 US dollar level against the US dollar.

Litecoin (LTC) depreciated beneath the 75 US dollar support level and further declined to a new significant support level of 72.50 US dollar level. From the graph of the virtual currency, the price of Litecoin (LTC) found offers close to the 72.5 US dollar mark and began correcting higher.

Despite the adverse movements, the virtual currency managed to surge over the resistance level of 74.5 US dollars breaking the 50% Fibo retracement level of the prior swing from a high of 78 US dollars to a low price of 72 US dollars. Litecoin (LTC) also exchanged over the 76 US dollar level and the 100-hourly SMA.

Notwithstanding, Litecoin (LTC) faced opposition at the 77 US dollar level and the 76.4% Fibo retracement mark of the former swing from the high and low of 78 US dollars and 72 US dollars respectively. Also, with a resistance level of 77 US dollars, it seems the formation of a critical bearish trendline might be on the offing.

If Litecoin (LTC) manages to break below its immediate support level of 74.5 US dollars, the price valuation of the virtual currency is likely to test the support area of 72.50 US dollars.

On the other hand, if Litecoin (LTC) manages to break the resistance level at 77 US dollars, it could open doors for more good news and gains towards the much awaited 100 US dollar price level and beyond.

Virtual currencies could benefit a lot from dosages of positive reviews and comments in sustaining their rallies from the previous month. A lack of positive news and reviews risk another cryptocurrency downfall that might lead to huge loses all over the place. Cryptocurrencies such as Litecoin (LTC) should strive to continue maintaining their green performances by giving cryptocurrency community members reasons to invest and trade their virtual assets.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of


How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

Continue Reading


Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors




When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

Continue Reading


CoinFlip Scores Big with BRD Wallet Partnership




As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

Continue Reading

Press Release