Litecoin Price Analysis: Litecoin (LTC) Gains almost 2%; Still, a Long Way to Go for the Century Mark

Litecoin price seems to be following the footsteps of Bitcoin. Over the past few days, the LTC coin has been showing strength over USD. In the last 24 hours as well, Litecoin is up by almost 2%. Though it is away from 100 USD mark, the coin’s promising growth hints at a possible price rally very soon. The LTC coin is also aiming at a halving today, and this has the potential to impact the LTC price against USD immensely. This year’s end may see the value near 200 USD. Let us analyze the current details of the coin now.

LTC Price Statistics-

LTC to USD Price Comparison-

Litecoin started yesterday with a value of around 94 USD. Soon over the next 4 hours, the coin was being traded near 90 USD after a quick fall. The next few hours were free of any major movements. However, between 09:15 UTC and 13:13 UTC, Litecoin price could get a heads up of 3.05% growth, and it boosted the coin to 94 USD again. By 21:12 UTC, LTC price was pushed to 92 USD with the help of a 2.34% decrease. The coin closed Sunday with a value of around 93 USD. However, by 00:44 UTC of today, Litecoin was being traded near 96.5 USD and this was made possible because of a hike of almost 5%.

Litecoin Price Prediction-

Litecoin, as one of the topmost coins, is likely to get to see a price rally soon. As per our LTC Price Prediction, by the end of this year, the value may be nearing to 200 USD. Below are the details of the resistances and support levels of the coin.

Conclusion-

Litecoin is to realize its best form in the long-term. The next two weeks might get bouncy, but later a calmed approach of growth can be anticipated.