Litecoin Price Analysis: LTC Gains Strength; $100 is Still Miles Away
- Litecoin (LTC) gains almost 2.5% over the last 24 hours.
- The coin has a bullish medium-term outlook and it may soon bring about a price rally.
Over the last 24 hours, Litecoin has shown an approximate 2.5% growth, but it is yet to make a long journey before it reaches 100 USD. The coin has strong fundamentals on its side and it may go as high as 200 USD by the end of 2019. The details of the current statistics are as follows.
Litecoin Price Statistics-
|Litecoin (LTC)||12th August 02:49 UTC|
|ROI (Return on Investment)||1,954.52%|
|Coin Circulation||63,017,743 LTC|
|Market Cap||5,564,049,622 USD|
|Value in USD||88.39 USD|
|Value in BTC||0.00771721 BTC|
|24h Volume||2,935,805,611 USD|
LTC to USD Price Comparison-
At the opening of Sunday, Litecoin was near 85 USD. Over the next 10 hours, it got a push and added 2.75 USD. This was followed by another phase of a bullish run and by 18:22 UTC, Litecoin was hovering around 91.29 USD. But this value could not be sustained for long as a 2.15% decline happened by 21:46 UTC and it reached as low as 89.32 USD. The last swing came as another devaluation that took the coin to 87 USD by 01:48 UTC of today. The current value of the coin is near 88 USD.
Litecoin Price Prediction-
Litecoin is continuously facing devaluation over the past few days. It may have to face similar struggles before it reached 100 USD. However, the coin may pull all its strings to bring a price rally afterward. Therefore, read more about LTC Price Prediction and predict the next step about what will happen with this coin price. Therefore, read more about LTC Price Prediction and predict the next step about what will happen with this coin price. These are the probable resistance and support levels of Litecoin.
|1st Resistance||92.03666667 USD|
|2nd Resistance||94.32333333 USD|
|3rd Resistance||97.61666667 USD|
|1st Support Level||86.45666667 USD|
|2nd Support Level||83.16333333 USD|
|3rd Support Level||80.87666667 USD|