Price Analysis

Litecoin Records 15% Dip in the Last One Month Trading at $56 Now

The current market performance of LTC token may seem to be sluggish, but LTC has recorded some good surging moments in this year. There was a time when LTC was trading at $143 and it may cross this value again by early next year. Litecoin continues to be in the limelight for its profitable nature and may cross $100 mark very soon.

LTC Price Statistics:

Litecoin records 15% dip in the last one month slumping from $67.40 to its current value at $56.70 as on October 4, 2019, at 07:59:46 UTC. The coin first moved from $67.40 to as high as $79.87 in the initial few weeks of the month, but then it started the downward ride and slumped up to $51.34 towards the end of last month. LTC has recovered somewhat since then, but may not be able to cross $60 in the next 7 days.

Litecoin Price Chart
Litecoin Chart By TradingView

As for this week, LTC can be expected to move between $55 and $70 for the next few days. This is a good time to plan long-term investments in the LTC token, which may benefit in the coming months.

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Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.
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