- Litecoin gains 0.27% in the last one day and roams above 43 USD
- The next resistance for LTC is likely to come at 44.46 USD
Litecoin has retained its forte of 43 USD amidst uncertainties in the market. On the last day, it has gained 0.27% to touch 43.36 USD. It has been through three major price variations in this period and the range of the swings lies between 43.94 USD and 42.98 USD.
Litecoin News Today
Litecoin was being traded at 43.24 USD at the starting of the day and its first major price variation happened between 00:31 UTC and 09:09 UTC. Over these 8 hours and 38 minutes, LTC gained 2.23% and got placed at 43.94 USD—marking the highest for the day. It was followed by a 1.66% decline in the value that cost it 0.73 USD and pushed the value to 43.21 USD by 12:47 UTC. The last variation happened between 15:28 UTC and 00:49 UTC today and over these 9 hours and 21 minutes, LTC lost 0.78% to touch 43.23 USD.
Litecoin’s market cap has witnessed a decline over the last 24 hours. The market cap was 2.784 billion USD on December 15, and it has been fallen to 2.766 billion USD as of now.
LTC Price Analysis
Litecoin’s 20-day MA stands at 43.37 USD and its 50-day average is now at 43.34 USD. The current value of Litecoin is at 43.36 USD that is 0.046% more and 0.023% less than the 50-day and 20-day MA respectively. The upcoming days may see a marginal hike in the value and resistance may fall at 44.46 USD.
|Litecoin (LTC)||Resistance and Support levels|
|1st Support Level||$42.91|
|2nd Support Level||$42.06|
|3rd Support Level||$41.36|