Cryptocurrencies

Litecoin On First European ETP

Today, the first EU exchange-traded products (ETPs) will be available to EU investors to buy and sell XRP and Litecoin.  Nordic Growth Market is a Stockholm-based firm owned by Boerse Stuttgart, Germany’s second-largest exchange and will give EU investors access to these digital assets through a regulated exchange.

NGM’s deputy CEO Tommy Fransson said: “This is first and foremost a win for investors, especially those in Sweden who have demonstrated such strong support of prior crypto offerings. As an industry, it is important for us to listen, though with caution, to the requests of our investors and respond in kind.”

He added: “We are very excited to be part of making history here with the first ever LTC and XRP tracking products, and look forward to continuing to collaborate closely with XBT Provider on behalf of investors interested in new offerings.”

Source

Litecoin has had a nice run up in 2019, doubling in price since the beginning of February.

But can Litecoin continue to go higher, lets go to the charts to find out? After rising $40 in the past couple of days, price hit the daily supply at $103 and is taking a breather for the time being.

However, if price can breach the $103 level, the next target will be the daily supply at $137 next.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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