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Price Analysis

Litecoin Records 0.9% Dip Since Yesterday; Trading Below $67

  • LTC records 0.9% dip since yesterday declining from $67 to $66

It may not be a good time for the Litecoin token holders since the coin has started trading below $100 again. But the tides may change in the upward direction very soon. LTC has made good progress in this year and can be expected to close the year on a high. The current market performance of the token also indicates progressive trends ahead.

Litecoin to USD Price Comparison:

In the last one day, LTC token has shown a downtrend of over 0.9% dropping from $67.44 to its current value at $66.81 as on September 6, 2019, at 07:17:28 UTC. Yesterday, the coin first slumped to $66.85 but then started dipping drastically to hit $64.24. It has gained some momentum now and may close the day on a better note.

Litecoin Price
Litecoin Chart By Tradingview
  • The price of LTC token is now $66.81 and 0.00623076 BTC
  • The market cap of the coin is now $4,220,431,120
  • The 24 h volume of the coin is $2,430,245,459
  • The circulating supply of the coin is now 63,192,824 LTC
  • The ROI of the coin stands at 1,455.40%

The highest recorded value of LTC yesterday was $67.62, and in the last 7 days, it was $70.71. It may cross this value again by the end of the week but may take a month or two to start trading above $100 again.

Litecoin Price Prediction and Conclusion:

Litecoin has recorded some amazing trends in the first half of the year. There was also a time when the coin was surging fast and crossed $100 target in just a few days. The good times may return towards the end of the year for this token.

It can be regarded as a good time to start investing in LTC token in bulk and stack up for future benefits. The coin may go bullish by the end of this month.

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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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