The previous year was a rough year for the crypto industry. But meanwhile, the storm is starting to turn. Three of the major digital assets, such as ORBN, ADA, and LTC, have witnessed growth over the past couple of weeks, and with ORBN finalizing its presale activities, the surge is only about to begin.
With the launch of ORBN, daily traders can now have entree to the most valuable investment alternatives that were in the past only accessible to professionals that had financial experience. The groundbreaking innovations can accomplish this with many major features.
ORBN blockchain is developed over the Ethereum blockchain, one of the major blockchains, granting customers an unbelievable level of trust and safety. Furthermore, the blockchain allows immediate completion of exchanges through smooth agreements.
ORBN traders do not require to purchase the real asset to be involved. However, the users can buy partitioned non-fungible tokens indicating asset possession. The service token that propels the ORBN protocol is ORBN. ORBN users can receive rewards for assisting in safeguarding the network and are also viable for a reduction in pricing when trading with ORBN protocol.
Following these events, ORBN Protocol automatically changes the industry by developing investment alternatives for everybody, despite financial resources and experience. Moreover, Orbeon is witnessing a market uprise during the before-sale as more individuals become aware of the benefits of trading on this platform.
LTC and ADA Penetrate the Crypto Market
Litecoin is a developed digital asset that has gradually increased its price over the years. The digital coin is considered a reliable alternative for crypto traders due to its safety, security systems, and decentralized nature.
Meanwhile, LTC is twelve years old, and several investors had assumed that the asset had hit its peak. Instead, the asset appears to be in the limelight once more. In addition, Litecoin has been one of the leading performers in the past seven days, with a significant rise of 11%.
LTC is witnessing this uprising because of the upcoming Litecoin halving event late this year. The event is a process that depreciates the value at which a new LTC is developed, leading to an increase in price and deflation in the long run.
On the other hand, ADA is younger than Litecoin and is yet to be fully adopted into the larger crypto industry. However, ADA has a trustworthy history that gets behind the innovation when the markets start fluctuating.
ADA’s adoption can result from its consensus system known as Ouroboros and its well-developed contract capabilities. In addition, ADA has a strong developers’ community spearheaded by Charles Hoskinson, who is gradually developing and improving the ADA platform.
ADA is up 19% in the past seven days as traders start embracing the project because of its potential in the Defi space. With the market indicating signs of life. The major concern remains to be whether ADA can continue surviving this race.
What Next for LTC?
Traders and investors will have to take note of the value of LTC, which is currently surging near the 20-month EMA line. LTC now has the burden of overcoming the resistance level, and failure to do that, LTC value will automatically drop back into the price channel of around 63.00 dollars and 79.81 dollars. It will seek help at the lower bound of the value channel.