Litecoin News Today – Onramp Unlocks Direct Litecoin Purchases for Mobile Apps

  • Onramps unlock direct Litecoin purchases for mobile
  • Litecoin LTC price poised to rise despite a brief drop
  • Litecoin LTC price heading to $85 after it breaks the $78 barrier

Litecoin news today – According to the latest Litecoin reports, Celsius Network members now have a new solution to purchase with crypto directly on their mobile devices. They can now purchase LTC, BTC, and Ether, among a host of cryptocurrencies with their credit cards on the Celsius’s mobile app. The interest income platform entered a partnership with leading crypto payment processing company Simplex to offer consumers a way to make Bitcoin, Litecoin and Ethereum purchases as well as other cryptos using their credit or debit cards directly on the Celsius app. Users are to pay a fee of 3.5% for the service.

Celsius Network Now Supports BTC, Dash, LTC, Zcash, BCH, ETH, and XRP

Litecoin News Today – The cryptos that are currently supported by the Celsius Network include BTC, ETH, LTC, XRP, BCH, Dash and ZCash. The integration lets users save 50% on credit card transaction rates. It also offers another Onramp for cryptocurrency buyers. The Celsius Network joins major exchanges like Binance by using Simplex to connect investors’ credit cards to their BTC and crypto portals. The Simplex protocol which was founded in 2014, has become a key player in allowing crypto merchants to introduce credit card buying to mainstream consumers around the world.

Litecoin LTC Price Prediction in the last 24-hours

After managing to surge past its 6 month high of $83, the price of Litecoin felt bearish pressure which saw it succumbed to an unexpected 19.65% drop to the downside. However, the number 6 largest digital currency by market cap bounced back before its daily candle close. By doing this it avoided a confirmed break downwards in its price.

Litecoin (LTC) Price Today – LTC / USD

NamePrice
litecoin
Litecoin
$38.92

The LTC price has managed to close two daily candles consecutively above the $72 support. This support position will be important if the ongoing rally will see any form of continuation in the coming weeks. If the price of Litecoin can continue to make the $72 mark as a platform, then it will likely swing back to the $78 resistance area. The breakout above the $78 mark will see the LTC price target the $85 before it moves to future barriers like $90 and $100. Both barriers acted as resistances in the 2019 rally. It is important to note that the Litecoin price experienced a golden cross via the daily chart 6 days ago and a re-test of this cross is common before we can see any major move come to fruition. The upcoming price action for LTC will mainly depend on the direction that Bitcoin will take as we approach May’s halving event.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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