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  • Litecoin foundation announced a new partnership with Glory, a world’s premier kickboxing organization.
  • LTC/USD stuck within consolidation mode after running into sellers at fresh 2019 highs.

 

The Litecoin foundation has announced it has entered into a new partnership with GLORY – an International Kickboxing organization. This collaboration will see Litecoin become the official cryptocurrency of one of the world’s top combat leagues.

Litecoin tweeted:

“Excited to announce a new partnership with GLORY that will see #Litecoin becoming the official cryptocurrency of the world’s premier kickboxing organization. Read more about how you’ll be able to PayWithLitecoin for GLORY events and more”

LTC/USD is currently within consolidation mode after running into sellers where the price printed new highs for 2019. This was observed up at $54, the highest-level hit since 8th November 2018. In terms of support to the downside, an ascending trend line has been running from 14th December to the upside, providing necessary comfort.  

 

LTC/USD daily chart