Today, positive news has spread to the encrypted market as the market has seen a sea of green. Litecoin prices [LTC] recovered and resumed a stable uptrend. prices show a short consolidation phase at the time of writing this article.
LTC prices have found support for $ 57,188 and show an expressed pressure from the seller and the buyer. Prices are currently trading at $ 57.665 and are losing against USD 0.40%. Prices are well above the 100 EMA line at $ 56.97. The MACD represents a bullish momentum for prices. Prices have erupted twice with respect to the current resistance level, which is $ 57,784, but sellers' pressure seems to suppress prices
Currently an LTC is equal to 0.00857834 BTC and is losing against BTC of 0.94%.
Litecoin Price Predictions 2018, 2020
According to Smartereum, many in the crypto community believe that the crypt could potentially close the year at around $ 600 approximately. Turning to a forecast of investingpr.com, the price of the currency could go up to $ 1,000 within this year.
Steemit.com predicted that the digital asset could reach $ 3,500 by 2020 while Longforecast.com expects virtual currency to be in the range of $ 780- $ 1,374 in 2020.
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