Litecoin Price Analysis: Litecoin Records 3% Downtrend Within a Day Trading Below $72

Just almost 1.5 months ahead of the Litecoin summit, the token can be seen trading at a good level. From becoming good to the great performer, the coin just needs to cross $100 mark once again and stay there for longer durations. It may happen very soon as also seen in the current market performance of LTC.

There's many more than five, but here are some good ones https://t.co/gBbiN1Wc7i #LTCLV19 pic.twitter.com/XH5KEDgOSu

— Litecoin Foundation ⚡️ (@LTCFoundation) August 17, 2019

LTC Price Statistics:

As on August 25, 2019, at 05:58:38 UTC, the price of LTC token is noted to be $72.81, and it has recorded a downtrend of over 3% within a day dipping from $75.66 to its current value. The trading pattern of the coin was just a normal one between today and yesterday with 3 changing points. The first one was noticed yesterday when LTC fell from $75 to $71 almost steeply with 2 turning points. The second one was when LTC made a comeback to rise as high as $73 just before the start of today but then again slowed down a bit to trade at the current value.

• The price of LTC token is now $72.81 and 0.00726843 BTC
• The market cap of the coin has reached $4,603,997,014
• The 24 h volume of the coin is noted to be $2,148,747,122
• The ROI of the coin is now 1,598.94%
• The circulating supply of the coin is 63,107,999 LTC

The highest recorded value of LTC token in the last 90 days was $146, and in the last 30 days it was $106. The coin has started trading below $100 since past 30 days but may rise back up again to cross $100 again very soon and stay there.

Litecoin Price Prediction:

Litecoin is having a good year so far. The coin has done some immense progress in the months of May and June and was able to carry it for longer. It may have slowed down a bit in the last couple of weeks, but it may surge back up again. The coin is still much above its starting value at the beginning of the year at $30 with over 3X growth and as per LTC Predictions, the coin may rise to $150 by the end of 2019.

Conclusion:

Investments now in the LTC token can prove to be very profitable in the next few months, and huge gains are almost assured.