Litecoin Price Analysis: Litecoin (LTC) Gains 1.37% & Touches $75

  • Litecoin (LTC) has gained 1.37% in the last 1 day, and it has gone beyond 75 USD.
  • The next resistance for the coin is likely to come at 76.29 USD.

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-

Litecoin (LTC) 26th August 02:51 UTC
Rank 5th
ROI (Return on Investment) 1,627.22%
Coin Circulation 63,114,174 LTC
Market Cap 4,689,978,607 USD
Value in USD 75.13 USD
Value in BTC 0.00713216 BTC
24h Volume 2,550,589,336 USD

LTC to USD Price Comparison-

LTC Price Chart
LTC Price Chart by TradingView

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.

Litecoin (LTC)  
1st Resistance 74.30333333 USD
2nd Resistance 76.29666667 USD
3rd Resistance 77.86333333 USD
1st Support Level 70.74333333 USD
2nd Support Level 69.17666667 USD
3rd Support Level 67.18333333 USD


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