Litecoin Price Analysis: Litecoin (LTC) Shows 1.32% Hike; May Halt Next At $76

Litecoin has shown four major price swings, and it even touched 75.94 USD yesterday for a while, but it could not maintain the price there. Before analyzing all four price changes in detail, let us look at the current details of the coin.

Current Statistics of Litecoin-

LTC to USD Price Comparison-

Litecoin was being traded at 72.65 USD when it started strengthening at 02:51 UTC. Over the next 5 hours, the LTC coin added 1.54 USD and reached 74.19 USD. However, it was followed by a 2.14% fall between 08:00 UTC and 11:21 UTC. This fall cost the coin 1.59 USD. The next variation was a significant rise in the value. By 14:06 UTC, Litecoin was at 75.94 USD, the highest point of the day. But this rise was not sustained for long as it encountered with a gradual fall of 2.54% and this pushed the coin to 74.01 USD by 02:52 UTC of today. The current price of Litecoin is roaming around 74.24 USD.

Litecoin Price Prediction-

It has been quite a few days, Litecoin is trading around $75 mark. It should be noted that the highest Litecoin price from the beginning of the year is beyond $140. As per Litecoin Predictions, it seems that the next resistance level for the coin may come at 76 USD.