SHRMiner Launches Free Cloud Mining Service for Crypto Holders

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 5 days ago

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Free Cloud Mining Service: SHRMiner's newly launched free cloud mining service allows BTC, XRP, and ETH holders to participate in mining without purchasing hardware, significantly lowering the entry barrier and attracting more users to this emerging market.
Mobile App Launch: The introduction of a mobile app enables users to manage their mining activities anytime and anywhere, enhancing user experience and ushering in the 'era of mobile mining,' thereby strengthening the platform's competitive position.
Daily Earnings Potential: Users of SHRMiner have the opportunity to earn up to $4,700 in passive income daily, which attracts many investors seeking a straightforward way to generate steady returns, driving user growth on the platform.
Sustainability Commitment: SHRMiner's mining facilities are powered entirely by renewable energy, ensuring environmental protection while enhancing user trust in the platform, aligning with the current market demand for green investments.

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Technical Analysis for LTC

Technical Sentiment Analysis for Litecoin (LTC). As of , Litecoin (LTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 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 crypto.

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	33.537	36.409	39.607	42.479	45.677	48.549	51.747
Fibonacci	36.409	38.727	40.16	42.479	44.797	46.23	48.549

About LTC

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.To learn more about this project, check out our deep dive of Litecoin.The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a 'lite version of Bitcoin,' in that it features many of the same properties as Bitcoin—albeit lighter in weight.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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