Litecoin Price Analysis: Litecoin (LTC) Loses 4% In The Last 24 Hours; $68 May Become Its Next Shelter

The whole crypto market was under pressure yesterday, and Litecoin is no exception to this. The coin has been down by almost 4% over the last 24 hours, and with four huge price variations, the coin has traveled from 75 USD to 70 USD in one day. Let us analyze the current details of the coin now.

Litecoin Price Statistics-

LTC to USD Price Comparison-

Litecoin was being traded near 75 USD at the time of opening and between 02:15 UTC and 07:57 UTC; Litecoin took a plunge to 71.61 USD. After a few hours of strengthening the coin again took a downfall of 3.19%, which made the coin to be placed at 70.12 USD. It was, however, followed by a hike of 5.46% over the next seven and a half hours from 12:36 UTC and the coin started to roam around 73.95 USD. The latest swing came as a decline in the value by 3.41% which cost the coin 2.51 USD. As of now, the coin is roaming around 71 USD.

LTC Price Prediction-

Litecoin is now almost 30 USD less than the price it was targeting a few weeks ago. The coin is likely to go through price correction for more number of days, and by the end of this week, as per LTC Predictions, it may seek the shelter of 68 USD. The next probable resistance and support levels are listed below.