Litecoin has gained almost 2.5% over the last 24 hours. Litecoin has passed a number of days without any significant rise, yet the coin has not lost everything to bring about a turnaround. LTC coin might find itself near 200 USD by the end of this year. Before analyzing the price movements, let us look at the current details now.
Current Statistics of Litecoin-
| Litecoin (LTC) | 31st July 04:46 UTC |
| Rank | 5th |
| ROI (Return on Investment) | 2,023.24% |
| Coin Circulation | 62,898,268 LTC |
| Market Cap | 5,740,220,737 USD |
| Value in USD | 91.48 USD |
| Value in BTC | 0.00943100 BTC |
| 24-Hour Volume | 2,309,740,421 USD |
LTC to USD Price Comparison-
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Litecoin started the day with a decrease in the price when the coin traded against USD from 90.76 USD to 88.45 USD over 3 hours. This fall of 2.54% was waiting for the next huge increment in the price of each coin. This hike made the investors rich by 4.58% after adding 4.05 USD to each Litecoin. This hike managed to bring the coin to the peak of the day at 92.48 USD by 15:17 UTC. From there, the coin experienced the biggest meltdown of the day by losing 2.67 USD by 21:02 UTC. The latest variation came in terms of a hike of 2.19% which added 1.97 USD by 01:00 UTC of today.
LTC Price Prediction-
Litecoin has finally shown some strength over USD, As per our LTC Forecast, it is likely to continue the same until the year ends. . The target for 2019 should be 200 USD. The list of resistance and support levels are as follows.
| Litecoin (LTC) | |
| 1st Resistance | 92.16666667 USD |
| 2nd Resistance | 93.76333333 USD |
| 3rd Resistance | 95.33666667 USD |
| 1st Support Level | 88.99666667 USD |
| 2nd Support Level | 87.42333333 USD |
| 3rd Support Level | 85.82666667 USD |
Conclusion-
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Litecoin’s recent growth is a good sign for the investors who are eagerly waiting for a bullish price rally. The target of 200 USD seems reasonable for this year’s end.
