- Litecoin price in the latter part of Tuesday’s session was nursing very minor losses of some 0.20%.
- Charlie Lee, Litecoin founder says that Litecoin will be made more fungible at some point this year.
The Litecoin price on Tuesday was seen trading in very marginal negative territory, down just some 0.20%. LTC/USD is stuck within a narrowing daily range, while most of its peers were victim of a breakout to the downside on Monday, from these ranges.
Charlie Lee recently tweeted that Litecoin is going to be made more fungible, and that confidential transaction features are going to be implemented in a future release of the full node. The Litecoin founder however did not mentioned any time frame regarding this release. He suggested this would be done at some point in 2019.
In terms of the technical review, LTC/USD continues to move within a narrow daily range formation. The lower part of this can be seen at the psychological $30.00 mark. To the upside, resistance can be observed at $33-34 price area. The price has been moving within range since 12th January.
LTC/USD daily chart
Share
