Litecoin to explore fungibility and privacy features in 2019. The 61.8% Fibonacci level support in danger as Litecoin creeps towards $40.00. Litecoin grinding lower over 5% during the evening (GMT) session on Wednesday. The declines are in tandem with the trend on the market. Bitcoin is leading from behind with a 0.3% drop. Litecoin is the biggest single-digit loser among the top ten cryptocurrencies. Ethereum is down 0.72%, Ripple 0.37% and Bitcoin Cash has corrected lower by 0.39%. The market came out of the dark ‘crypt’ on Friday 8. Litecoin was the market leader spiking 30% in a single day from the low around $32.00 to highs slightly above $47.00. The bullish reaction was connected to Litecoin decision to introduce fungibility and privacy features in 2019. Investors’ sentiments towards Litecoin changed positively as buyers pushed the price to the highest levels in 2019. Litecoin is seen trading at $41.55 at press time. The reason behind the downtrend is undermined, however, it is likely that traders are taking profits in the wake of the gains. It is essential that the bulls protect the immediate support at the 61.8% Fib retracement level taken from the last upswing at $47.23 and a downswing of $27.88 close to the 4-hour 50-day Simple Moving Average (SMA) at $40.00. This will ensure that declines do not extend below $40.00 and that LTC buyers gather strength to attack higher levels towards $50.00. LTC/USD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CHF extends gains and points to 1.0100 FX Street 4 years Litecoin to explore fungibility and privacy features in 2019. The 61.8% Fibonacci level support in danger as Litecoin creeps towards $40.00. Litecoin grinding lower over 5% during the evening (GMT) session on Wednesday. The declines are in tandem with the trend on the market. Bitcoin is leading from behind with a 0.3% drop. Litecoin is the biggest single-digit loser among the top ten cryptocurrencies. Ethereum is down 0.72%, Ripple 0.37% and Bitcoin Cash has corrected lower by 0.39%. The market came out of the dark 'crypt' on Friday 8. Litecoin was the market leader spiking 30% in a single day… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.