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Price Analysis

Litecoin Exhibits 4% Hike in the Intraday Trading

Litecoin price is hooked with an uptrend from the past few days. However, intraday traders might experience a mixed day altogether. There is also a possibility for LTC to close the day with a negative number too. Still, the currency is giving positive indications of having a great future. The traders interested in LTC should dig-in without any second thought as it wouldn’t go futile.

Litecoin Price Analysis

Yesterday, LTC started the day with an upside movement. Litecoin price escalated by 2.32% and counters switched from $70.326 to $71.958. The price started slipping since then and touched a low at $69.719. Further, LTC price picked up and reached $71.054 by 1.90%. The hike continued the march and went up to $74.011 by 4.16%. The day closed above $73 with an intraday progression of 4.14%. Today, the currency might be seen dealing around the same level. The day started at $73 and is now trading at $72.610.

LTC to USD Price Chart

The data feed is gathered from Biftinex on September 17, 2019, at 04:07:45 UTC.

Litecoin Price
Litecoin Chart By TradingView

The statistics of Litecoin tells us that the Market Cap is at $4,591,286,038. The 24-hour volume stands at $2,567,795,413. The ROI is noted at 1587.61%. The data seems less impressive for now, but the currency could have a great future ahead. There are speculations that Litecoin will prove to be the biggest competitor of Bitcoin (BTC) in the coming years.

Litecoin is anticipated to cross its 30-Day high value of $78.51 by the year-end. Litecoin would go best with long-term traders. The specified time frame would bring a colossal profit to them.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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