Litecoin has been through a higher degree of price volatility over the last 30 days. However, it has managed to grow by a whopping 42% in this period. Currently, the LTC price trades around $60.94 all the way from $42.90.
On December 30, the currency started the day at $42.90, and over the next 15 days, the price went on, adding 39.53% and touched $59.86. It was followed by a price correction to the extent of 14.37% between January 14 & 24. In these ten days, Litecoin’s price against the US Dollar dropped to $51.26 from $59.86.
LTC/USD Price Chart
Litecoin again started showing signs of strength in the next four days. Yesterday, by 01:30 UTC, the currency had managed a massive hike of 21.57% that beefed the price up to $62.10.
The market cap of LTC on December 30 was 2.725 billion USD, and in these 30 days, the market cap has added a humongous value, and it is currently at 3.928 billion USD.
Litecoin’s current price at $60.94 has managed a lead of almost 2% over its 50 days MA ($59.59) and 20 days MA ($59.18). LTC is likely to keep this bullish momentum on. As per Trade99’s analysts, the next halting point may come at $62.16. However, intraday investors may not see stability in the value.
|Litecoin (LTC)||Resistance and Support levels|