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Litecoin has recorded slightly impressive gains in the last 24 hours. The seventh largest cryptocurrency in the world according to data from coinmarketcap, which was hanging behind the $ 50 brand in the last three days has made a slow and steady rebound in a 24-hour course.
The token was able to rise slightly by $ 2.78%, keeping it at $ 50.40, a reassuring climb that may have prevented traders from thinking that the token would have challenged the bear market to shrink a bit. close to $ 50, but this time keeping its new position slightly above its previous trading price for the last three days to hang at $ 50.10.
Although this is not a very reassuring position for LTC traders, the token still makes a statement and rebounds to $ 50.16 and moves quickly up to $ 50.22 in minutes, at the time of writing.
Noting the state in which the token was able to collect its 2.78%, it may take the next 24 hours for Litecoin to make its next significant peak; over $ 50 or less? The next 24 hours will say. For now, the coin seems to be constantly moving, amid slight losses.
Considering its trading of 3.6 billion, and the increase if the investment fund this year, Litecoin was expected by both operators and the "experts" of cryptocurrency to round off with a total price of $ 600. Against its current price of $ 50, the token will need a good increase of $ 450, an unlikely possibility even though the currency will exceed its $ 50 point of view.
Litecoin had a very impressive run in 2017 when it slipped away from its January 2017 price of $ 4.05 for a substantial $ 43.26 in June 2017 and continued to falter the heaviest storms in 2018 when it moved over 50% to stay at $ 180 in January until his fall to $ 50.
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