Litecoin is trading down some 5.5% on Wednesday in the second half of the session. LTC/USD bears are penetrating a key near-term demand zone seen at $70. The founder of Litecoin (LTC), Charlie Lee, recently provided an update with regards to the implementation of MimbleWimble on the Litecoin network. The design is at present being worked on, as per his recent tweets: Updates on MimbleWimble progress: davidburkett38, the main developer of Grin++, is now working with ecurrencyhodler and I on the design. We’ve been ironing out the mechanism of getting LTC in and out of MW/EB. Also figured out how to handle MW fees in a clean way. Asparagus! In terms of the technical picture, price action is testing a critical area of demand to the downside, which is seen at the $70 region. A failure to hold could send the price free-falling down to the psychological $50 territory. LTC/USD daily 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 Technical Analysis LTC/USD: As the crypto rout continues where could Litecoin find support? FX Street 4 years Litecoin is trading down some 5.5% on Wednesday in the second half of the session. LTC/USD bears are penetrating a key near-term demand zone seen at $70. The founder of Litecoin (LTC), Charlie Lee, recently provided an update with regards to the implementation of MimbleWimble on the Litecoin network. The design is at present being worked on, as per his recent tweets: Updates on MimbleWimble progress: davidburkett38, the main developer of Grin++, is now working with ecurrencyhodler and I on the design. We've been ironing out the mechanism of getting LTC in and out of MW/EB. Also… 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.
