Litecoin Technical Analysis: LTC Price Surged Today to the Highest Touchdown of the Last 2 days

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Current Statistics of Litecoin:

LTC price is currently trading at $94.12 at 05:39 UTC on 27th July 2019. The other essential factors are as below:

  • Return on Investment: 2093.59%
  • Total supply/Circulating Supply: 62,838,218 LTC/ 62,838,218 LTC
  • Litecoin value of 24 Hour Volume: 2,262,724,031 USD
  • Market Cap: 5,926,927,873 USD
  • 7 Day high/low: 104.61 USD / 88.15 USD

LTC to USD Price Comparison

litecoin price chart - 27 July 2019
Litecoin Price Chart by TradingView

Yesterday, the lowest price of Litecoin was seen at 06:32 UTC at $90.31 value. LTC price escalated from then by 4.39% at 11:40 UTC with trading value increased to $94.28. However, in the next few hours, the price dropped by 2.16% at 14:50 UTC trading at the valuation of $92.26. Today, around 00:13 UTC, the price was an impressive upsurge by 4.19% with a trading value of $96.12. From then on, the Litecoin price is dropped by 2.09% as of now.

Litecoin Price Prediction and Conclusion 

LTC is seen under the downward trend from the last few days. However, as per Litecoin Price Prediction, it might sail back to the upward trend. Until then, traders might want to decide on ‘buying’ Litecoin as of now and hold the position for some more time. For safer bids, the resistance & support levels are calculated as below:

Resistance Levels: $95.66, $97 and $99.46

Support Levels: $91.86, $89.40 and $88.06

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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