Litecoin Got an Unexpected Hike of 3.5%, Crossed $71 Overnight

Litecoin has been able to fetch a decent growth of 3.5% in the last 24 hours and it’s one of the few coins which have achieved this feat amidst gloomy market conditions. The coin has been through four price shifts and in the short-term, the coin may not get any huge hike.

Litecoin Price Statistics-

LTC to USD Price Comparison-

Litecoin started the day’s movement with a dip in the value. Between 00:31 UTC and 08:10 UTC, the coin lost 3.64% to be placed at 68.03 USD. The next swing gave a morale push to the investors as over the next 3 hours and 11 minutes; the coin gained 3.28 USD to be placed at 71.29 USD.

The third swing was another decrement in the value and this time it lost 3.39% over 7 hours and 38 minutes. This decrement had a break at 70.16 USD. The final swing was a hike of 4.42% and this hike caters to the top point of Litecoin for the day at 73.11 USD. The current value is now in constant competition with 72 USD.

Litecoin Price Prediction-

Litecoin has a considerably high user base and the coin has a strong fundamental on its support. The coin has been performing with huge stability amidst the gloomy times. However, no significant hike seems likely in the short-term.