Litecoin Price Analysis: Litecoin (LTC) Gains 1.37%

Litecoin has finally touched the sweet point of 75 USD after a 1.37% growth over the last 24 hours. The coin has been through four phases of price variations against USD, and it has fallen to as low as 70 USD in this period. Before analyzing those variations, let us first see the current data of the coin.

Litecoin Price Statistics-

LTC to USD Price Comparison-

Litecoin’s first price swing was a gradual one, and it happened between 00:09 UTC and 06:46 UTC. This fall of 1.42% cost the coin 1.05 USD and dragged the coin from 73.59 USD to 72.54 USD. It was followed by a steep hike in the value against USD and adding 2.31 USD took the coin to 74.58 USD by 10:35 UTC. The third swing took away a large chunk from the value with the help of a 5.57% dip in the price. The coin lost 4.17 USD, and it was made to be placed at 70.70 USD, the lowest point of the day. However, towards the closing of the day, Litecoin gets strengthened, and with the help of a 6.62% raise, the coin could reach at 75.38 USD by 00:31 UTC of today.

LTC Price Prediction-

Litecoin’s recent touching of 75 USD hints at probable bullish growth in the coming days. The hikes may not be sudden and steep; it is likely to be gradual. The medium-term of the coin seems bullish, and it is likely to bring about a bullish run before this year ends. The details of the resistance and support levels are as follows.