A recovery in prices of Bitcoin [BTC] up to $ 7,200 has increased other altcoins to record solid gains. Although risk appetite seems to have returned to the market, Litecoin [LTC] is doing well. In just one week, the currency gained over 16% in value.
Virtual currency previously found support for $ 62.12, after which it increased significantly. LTC is still on the rise and has suffered a break from the first resistance level, reported at $ 64.72. The currency is still gaining ground and may soon be valued at $ 70 if it can keep its gains.
The 100 EMA line, at the time of writing, showed that cryptography was in a rising phase. The MACD indicated that the currency was trading in bullish territory. LTC exhibited a significant trading interval of $ 62.13- $ 66.88. Starting from 1916 GMT, digital assets had gained 7.5% against the US dollar to trade at $ 66.51.
At the time of writing, the altcoin increased by 5.2 percent against BTC. Currently, an LTC is equivalent to about 0.0092 BTC.
Litecoin [LTC] Price Prediction 2018, 2020
- Steemit.com predicts that the currency will trade at $ 3,500 by 2020 while Longforecast.com has predicted that the digital currency will be worth between $ 780 and $ 1,374 in 2020.
- According to Smartereum, LTC will probably close the year at about $ 600. Turning to a forecast of investingpr.com, the price of the currency could reach up to $ 1,000 within the year  Litecoin [LTC] Latest updates
Yahoo Finance recently added the purchase and sale of Litecoin [LTC] along with Bitcoin [BTC] and Ethereum [ETH]. Other important cryptocurrencies like Ripple & # 39; s XRP, Bitcoin Cash [BCH] and Stellar Lumens [XLM] were not specifically excluded from Yahoo Finance.
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