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

Litecoin price has finally touched the sweet point of 75 USD after a 1.37% growth over the last 24 hours. The LTC 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 LTC.

Litecoin Current Statistics

Price Chart of LTC to USD 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 and dragged the coin from $73.59 to $72.54. It was followed by a steep hike in the value against USD and adding $2.31 took the LTC price to $74.58 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 Litecoin value lost $4.17, and it was made to be placed at $70.70, 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 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 as per LTC Prediction, the coin is likely to bring a bullish run before this year ends. The details of the resistance and support levels are as follows.