After a drab week of price action and underlying negative tone to the market, Friday's price action came as a surprise to all and sundry. Just waking up to a sea of green with most major coins higher by 2-3%, led rather surprisingly by Litecoin (LTC) which was up over 12%, would have been a welcome sight. Litecoin has been working on the implementation of both Confidential Transactions and Mimblewimble transactions, both of which are privacy-based features enabling users to send and receive payments without revealing their identities. Because less data is used, the capacity of the Litecoin network is increased while augmenting client privacy. And Litecoin has us looking at levels not seen since early November, with a line of old support now potentially acting as near-term resistance.
Source: Forbes February 11, 2019 13:45 UTC