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The popularity of cryptocurrencies has been unflagging in recent weeks, the entire market is worth over USD 700 billion. In daily analyses, we will look at the most popular currencies and you can use the opportunities that occur by trading on the Polish BitBay exchange.


Litecoin

I wrote about Litecoin at the beginning of January, when, after defending the low at $ 200, the course tried to get up. We saw a zigzag a-b-c boost to the said resistance of $ 280, and even slightly higher. There, however, things got harder, because the easiest move became a fact, and further growth met with a flood of sales offers.Today, the quotations break out (for the time being intraday) from the triangle, the weakness of Litecoin in the strong market is also noteworthy, so LTC is relatively weaker. A $ 200 re-test is more likely here.

A review of events and analyzes from the world of cryptocurrencies is made in cooperation with the Polish BitBay stock exchange offering free accounts for trading on digital currencies. Acquaint yourself with the BitBay offer and start trading on BTC and altcoins now.

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