Crypto cards outpace banks in micro-spending in Europe: Report
Crypto Card Adoption in Europe: Crypto cards are increasingly popular for small purchases in Europe, with 45% of transactions under 10 euros, and a significant rise in online spending among users compared to traditional bank cards.
Barclays' Ban on Crypto Transactions: Barclays plans to prohibit crypto purchases on its credit cards due to concerns over customer debt from market volatility and the lack of investor protections in the cryptocurrency sector.
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Technical Analysis for LTC
Technical Sentiment Analysis for Litecoin (LTC) As of , Litecoin (LTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Litecoin (LTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 25.459 | 35.265 | 45.889 | 55.695 | 66.319 | 76.125 | 86.749 |
| Fibonacci | 35.265 | 43.069 | 47.89 | 55.695 | 63.499 | 68.32 | 76.125 |
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