Not a day goes by in the cryptocurrency world without some developments taking people by surprise. This is especially true when looking at the prices for different currencies and assets. Litecoin’s price currently benefits from a brief uptrend, which puts it on track to potentially overtake both BCH and EOS in market cap.
Promising Litecoin Price Trend Resumes
Cryptocurrencies and digital assets usually see some odd trading behavior over the weekend.
As is visible from the chart below, Litecoin has remained relatively stable over the course of the past 2-3 days— with the currency currently trading at a price point of $31.92 (at press time). However, around a week back, the top-10 altcoin was struggling to stay in the green while trading just above the $23 mark. Lastly, as per LTCs technical indicators, the altcoin is exhibiting strong bullish momentum right now— with the crypto asset currently hovering above its EMAs.
Today will undoubtedly prove to be an interesting day for all cryptocurrencies and digital assets. Although the hourly charts signal more bearish momentum is coming, the daily chart still looks pretty solid. For the Litecoin price, however, things are not heading in the right direction. A current drop to $25 is in effect, albeit that may not be the bottom for today.
Litecoin Price Pressure Piles On
It is not uncommon to see altcoins go in the red when Bitcoin looks incredibly fragile on the hourly chart.
As the hourly cryptocurrency price charts start to look rather worrisome once again, the big question is how all markets will be affected. For the time being, there is still a lot of green across the charts, although that situation may not last much longer. The Litecoin price is already losing value again, as its $25 level cannot be sustained any longer.
Litecoin Price Goes in the Red Again
Yesterday evening, there was some genuine excitement regarding all cryptocurrency prices.
It has not been a good week for most cryptocurrencies so far. All markets lost significant value and the total market cap is down by several dozen billion. For Litecoin, things are not looking all that bad, even though the altcoin is currently unable to reclaim the $35 level as stable support. That situation may come to change sooner or later, assuming the trading volume picks up and Bitcoin doesn’t reverse course.
Litecoin Price Shows Signs of Positive Momentum
It has been a brutal first half of the week for all major cryptocurrencies.
A lot of people had all but forgotten about Litecoin prior to the altcoin making some serious moves earlier in 2018. Although it may take a while until LTC surpasses $250 again, the current momentum isn’t half bad either. Gaining stability at the $55 level will be the first priority right now, as its rising trading volume should make that possible. The small loss over Bitcoin can become a slight concern, though.
Litecoin Price Hits $55 at Last
Although this has been coming for some time now, Litecoin has struggled a bit prior to reaching $55.
As more and more traders start to chase quick profits, all cryptocurrency markets begin showing a healthy rebound all of a sudden. Litecoin is going through a hefty push, as its value tops $55 again for the first time in several weeks. This is a pretty interesting development, especially when considering how Bitcoin is the only top currency currently in the red.
Litecoin Price is Showing Some Moves
Although most people still overlook Litecoin in 2018, it is evident this particular market can rise in value as good as any other.
As all top cryptocurrencies are moving upward once again due to some recent developments, all eyes are turning to Litecoin right now. Not necessarily because there is a relatively new development affecting LTC, but mainly because it can usually generate some positive momentum with little effort. A push to $55 is not out of the question by any means.
Litecoin Price Momentum is Picking Up
Not much has happened in the Litecoin price department over the past month.
На этой неделе основатель сети Лайткойн Чарли Ли призвал общественность к тому, чтобы не доверять и не инвестировать в сомнительный форк Лайткойна под названием Litecoin Cash. Новая версия, по-видимому, не имеет ничего общего с оригинальным LTC и просто использует популярное имя криптовалюты, чтобы вызвать к себе незаслуженный интерес.
Лайткойн увидел свет в 2011 году, достиг $1 млрд рыночной капитализации в 2013 году, и имеет капитализацию свыше $18 млрд на данный момент. Именно транзакция в Лайткойне была первой, выполненной в Lightning Network, и две крупные биржи Чикаго рассматривают добавление в свой листинг нового криптовалютного фьючерсного контракта на лайткойн всего через неделю после дебюта в этой роли биткойна.
Revolut, электронный кошелек с управлением через мобильное приложение, объявляет, что вскоре его клиенты смогут без проблем обменивать и конвертировать три основные криптовалюты — биткойн (BTC), лайткойн (LTC) и эфириум (ETH).