Litecoin Might Need Kick-Began A Push In The Direction Of 280 For A 44 Return

For traders that bought LTCUSD on the breakout level at $194.29, the danger-reward ratio is 5.52, or an upside of 44% and a draw back of 8%. Traders that did not purchase already might want to watch for a correction toward the breakout unless they would like to trade at a lower threat-reward ratio.

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Furthermore, we also can have a look at the general buying and selling volume of all cryptocurrencies over time to see how buying and selling quantity have been trending from 2014-18. The chart below can also be in log scale and the values have been averaged out per month to get a better sense of the overall trend line.

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