Litecoin Price Analysis: Litecoin (LTC) Comes Down to 5th Rank in Top Coins despite 1 Day Gain

Litecoin has gained almost 2.5% over the last 24 hours. Litecoin has passed a number of days without any significant rise, yet the coin has not lost everything to bring about a turnaround. LTC coin might find itself near 200 USD by the end of this year. Before analyzing the price movements, let us look at the current details now.

Current Statistics of Litecoin-

LTC to USD Price Comparison-

Litecoin started the day with a decrease in the price when the coin traded against USD from 90.76 USD to 88.45 USD over 3 hours. This fall of 2.54% was waiting for the next huge increment in the price of each coin. This hike made the investors rich by 4.58% after adding 4.05 USD to each Litecoin. This hike managed to bring the coin to the peak of the day at 92.48 USD by 15:17 UTC. From there, the coin experienced the biggest meltdown of the day by losing 2.67 USD by 21:02 UTC. The latest variation came in terms of a hike of 2.19% which added 1.97 USD by 01:00 UTC of today.

LTC Price Prediction-

Litecoin has finally shown some strength over USD, As per our LTC Forecast, it is likely to continue the same until the year ends. . The target for 2019 should be 200 USD. The list of resistance and support levels are as follows.

 Conclusion-

Litecoin’s recent growth is a good sign for the investors who are eagerly waiting for a bullish price rally. The target of 200 USD seems reasonable for this year’s end.