- Litecoin (LTC) loses 1.5% over the last 24 hours after 1 day of growth.
- The target for 2019 is still attached near 200 USD.
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After the last two days of growth, Litecoin has fallen over the last 24 hours. The coin has also slipped from 4th to 5th position in this same period. The loss of 1.52% over the last one day has halted Litecoin’s plan to trade around 100 USD anytime soon. However, the coin has a potential to touch 200 USD by the end of this year. Let us first analyze the current details of the coin.
LTC to USD Price Statistics-
| Litecoin (LTC) | 3rd August 04:29 UTC |
| Rank | 5th |
| ROI (Return on Investment) | 2,131.20% |
| Coin Circulation | 62,941,743 LTC |
| Market Cap | 5,927,248,180 USD |
| Value in USD | 95.66 USD |
| Value in BTC | 0.0089227 BTC |
| 24h Volume | 2,948,793,008 USD |
LTC to USD Price Comparison-
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Due to the previous day’s growth, Litecoin opened the day with a value near 99 USD. Over the next 4 hours from 00:06 UTC, Litecoin traded back to 96 USD. However, the next slight hike of 2.81% made an inverted pyramidal growth. The next was a steep fall of 5.68% between 07:22 UTC and 16:39 UTC. This steep decrease in the value pushed the coin to 93 USD. It accounted for the lowest point of the day. However, the closing saw some strengthening and the coin could touched 94.50 USD by that time. The hike of 3.58% starting from 16:39 UTC was able to place the coin at 96.47 USD by 02:28 USD.
LTC Price Prediction-
Litecoin may have faced a setback, but the battle is still on. Before the end of 2019, the coin has a high chance of breaching 200 USD.
| Litecoin (LTC) | |
| 1st Resistance | 98.24666667 USD |
| 2nd Resistance | 101.5533333USD |
| 3rd Resistance | 103.9066667USD |
| 1st Support Level | 92.58666667USD |
| 2nd Support Level | 90.23333333USD |
| 3rd Support Level | 86.92666667USD |
Conclusion-
Litecoin is one of the top-ranked coins, has strong fundamentals to grow over time. This may not be a good time for the intraday traders, but according to Litecoin Forecast, the long-term traders will surely get high yields.
