Litecoin (LTC)
Price Analysis

Litecoin (LTC) Continues to Explore Lows Due to Market Pressure

Litecoin price is currently battling with the bearish trend. The coin is currently trading at $45.82, with a market cap of $2,924,426,418. Yesterday, LTC price was spotted, dropping to a low at $45.32. Today, the coin seems to deal with a similar trend. The improvement in Litecoin price is speculated to take place in some time.

LTC/USD Price Chart:

Litecoin Price

Yesterday, Litecoin started dealing at $47.91. The price slipped to $47.89 within the first few hours. The currency took a steep fall to $45.55 by 4.05%. Further, the LTC price picked up and touched $46.72 by 2.58%. Later, the price pullback strengthened and touched $45.02 by 3.64% fall. The closing hours took the Litecoin price to $46.09 by 2.37%. The intraday movement took the price of LTC coin to $45.80 at the end of the day and marked 4.39% regression. Today, Litecoin opened with a slight escalation of 1.37%. The counters touched $46.43 from $45.80. Later, the price dropped to $45.50 by 1.97%. There was a slight improvement in the coin. The currency jumped to $45.97.

Litecoin Price Prediction

LTC is currently dealing at $45.82. Although, a few hours earlier, the currency was dealing near the immediate support level at $44.82 but couldn’t touch the same. The current momentum of Litecoin reflects a sign of improvement. The immediate resistance level is at $47.31. Litecoin might surge up to the same in some hours. The traders interested in LTC are recommended to opt for long-term investment. The same would bring the desired return to the traders.

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