Litecoin (LTC) Price Analysis: Litecoin-Travala Partnership Puts LTC Token In The Lead Once Again

  • Litecoin (LTC) to be used for hotel booking through Travala partnership
  • Litecoin takes a giant forward leap to increase mainstream adoption of LTC

Litecoin is the high performing asset which keeps bringing abundant joy to the currency holders now and then. Recently, the blockchain based currency collaborated with Travala.com, a leading hotel booking site with partners around the world. This places LTC next to currencies including BTC and ETH and brings it a step closer to mass adoption.  The current market position of the coin is positive and firm.

Current Litecoin Price Statistics

Litecoin Price Chart

  • Litecoin is placed at the 5th position in the top 100 cryptocurrencies list by the CoinMarketCap
  • As on May 15, 2019, at 07:44:00 UTC, the market cap of Litecoin price is noted at 5,648,765,795 USD
  • The price of the coin has gone up to 91.44 USD & 0.01146310 BTC
  • The 24 h volume has been 5,084,594,010 USD
  • The ROI of Litecoin stands at 2,034.50%
  • The circulating supply of the coin is 61,775,886 LTC which is equivalent to the total supply of LTC

Comparison:

In the last 30 days, Litecoin value has moved between the range of 94.54 USD and 67.27 USD. The highest price remained the same; however, the lowest was recorded at 72.99 USD in the past 7 days. As on April 04, 2019 at 01:34:00 UTC, the price of the LTC price was reported as 94.31 USD & 0.01838432 BTC. The 24 h volume was 5,998,526,481 USD and the market cap was 5,770,071,281 USD. There has been a downward trend of over -3% in the last 45 days, and the first resistance level of Litecoin can be expected at 94 USD in the next week.

Litecoin Price Prediction till 2020:

Litecoin recorded an all-time high of 375.29 USD on December 19, 2017. The closest it reached to this record was in January 2018 when the value of each coin was around 287 USD. Since then, the price has been moving at a steady rate showing an upward trend with the onset of 2019. The price of Litecoin can reach as high as 400 USD by the end of 2019 beating the all-time high value. In the next 2 years, the coin value can reach up to 1000 USD.

Conclusion:

Invest in Litecoin now as the currency will be on an exponential growth very soon. Huge long terms returns can be expected. Read more about LTC Price Prediction by our experts to know more about the possible future prices of LTC.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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