Litecoin Price Analysis: LTC Price Dropped by More than 5% in the Last 24 hours
Litecoin foundation is inviting many newer and crypto-based start-ups to sponsor in the LTC Summit. This will help firms with better visibility. They will be recognized in many sectors in the summit.
A Digital sponsorship for the #Litecoin Summit is a great & inexpensive way for newer/startup #crypto companies to get their name out there for many to see.
If interested in a Digital sponsorship with reach via https://t.co/drSEhKr3Ik & recognition via @LTCFoundation let me know
— David Schwartz (aka – Dasch) (@DaddyCool1991) July 25, 2019
Current Statistics of Litecoin:
Litecoin price is currently trading at $91.22 at 06:28 UTC on 26th July 2019. The other essential factors are calculated as:
- Return on Investment: 2031.63%
- Total supply/Circulating Supply: 62,824,693 LTC/ 62,824,693 LTC
- 24-Hour Volume: 2,484,583,914 USD
- Market Cap: 5,758,293,301 USD
- 7 Day high/low: 104.61 USD / 88.15 USD
LTC to USD Price Comparison:
The highest touchdown of yesterday was seen at 00:40 UTC when the value was trading at $96.51. The LTC price, however, dropped in a few hours by 3.79% at 04:53 UTC trading at $92.88. By 12:08 UTC, the value escalated by 3.60% trading at $96.22. In the next one hour, at 13:05 UTC, the value dropped again by 2.7% with trading valuation seen at $93.64.
At 16:03 UTC, Litecoin price escalated by 1.88% trading at $95.40. By evening, the value dropped to the lowest of the day by 3.95% trading at $91.66. By 22:17 UTC, the value escalated by 2.15% with a trading value of $93.63. Today at 1:24 UTC, the value dropped to the lowest by 2.77% trading at $91.07.
Litecoin Price Prediction and Conclusion:
As noticed in most of the cryptocurrencies, Litecoin is seen in the bearish trend too. However, the price might be falling in the next few days, but with the long-term position, traders might be able to see better returns.
As of now, traders might want to trade under the safer bid of resistance & support levels calculated as below:
Resistance Levels: $95.38, $97.3 and $98.76
Support Levels: $92, $90.54 and $88.62
According to Litecoin Price Forecast, LTC price might be trading around $150 to $200 by the end of the year.
