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Price Analysis

Litecoin (LTC) Grows 1.5% in a Day; Now Nears $67

  • Litecoin adds 1.53% in a day, and it is now being traded around $67.
  • The next major resistance is likely to come at $70.

Litecoin has been able to fetch a decent hike in the last 24 hours that took the coin near $67 after a while. LTC coin seems to be on a path of price recovery after the previous week’s unprecedented slowdown. The four significant price variations are to be analyzed, let us first look at the current details of the Litecoin.

Current Statistics of Litecoin:

Litecoin (LTC)3rd September 04:20 UTC
Rank5th
ROI (Return on Investment)1,460.61%
Coin Circulation63,171,087 LTC
Market Cap4,240,128,401 USD
Value in USD66.86 USD
Value in BTC0.00644514 BTC
24h Volume2,456,956,522 USD

LTC to USD Price Comparison:

LTC Price Chart
LTC Price Chart by TradingView

Litecoin got a blow at the opening of yesterday and between 00:29 UTC and 09:07 UTC, LTC price fell by 1.78% and reached $65.27, the lowest point of the day. It was followed by a series of hikes. These hikes in total gave 4.13% push to Litecoin, and it placed the LTC price at its top point of the day at $67.97. It was followed by a fall of 1.94% and lost $1.32 by 01:46 UTC today. From there, Litecoin has been growing gradually, and it could fetch a 1.41% hike by 03:20 UTC. The current Litecoin price is constantly trying to catch $67.

Litecoin Price Prediction:

LTC is one of the most emerging coins of the market, and it is likely to touch $70 in the coming days as its next resistance. The medium-term outlook is likely to be bullish. The resistance and support levels are as follows:

Litecoin Resistance & Support Levels
1st Resistance$68.00
2nd Resistance$69.07
3rd Resistance$70.59
1st Support Level$65.41
2nd Support Level$63.89
3rd Support Level$62.82
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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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