Litecoin Price Analysis: Litecoin (LTC) Sees a 4% Slump In The Value Over 24 Hours

• Litecoin (LTC) loses 4% over the last 24 hours.
• It may soon touch its 1^st resistance of 88 USD.

Litecoin has lost 4% value against USD over the last 24 hours. The coin is now as low as 84 USD. A few weeks back, it was nearing 100 USD, so the volatility plays a major role in the case of Litecoin’s price movement. However, the medium-term is expected to be bullish.

Litecoin Price Statistics-

LTC to USD Price Comparison-

Litecoin has been devalued by 4% over the last 1 day with the help of four phases of fall. The coin started its journey of devaluation at 00:10 UTC and within 1 hour and 39 minutes, it was near 87.69 USD. After a few hours of strengthening, it again faced 3.18% dip in the value which took the coin to 85.95 USD by 09:05 UTC. The third swing came as another 2.40% cut in the value against USD that pushed the coin from 87 USD to 85.43 USD. The last swing happened towards the end of yesterday and between 19:48 UTC and 00:23 UTC of today, the coin faced a 2.23% decrease in the value which made the coin to be traded near 84 USD.

LTC Price Prediction-

Litecoin has a bullish medium-term outlook, and it is likely to outperform many major coins by the end of 2019. However, the short-term is unlikely to see any unprecedented and significant growth. And as per our LTC Predictions, the coin may soon touch 88 USD. The details of all resistance and support levels are given below.