Home Litecoin Litecoin Price Analysis: Litecoin Value Dropped by 6.5% in Last 24 Hours – CryptoNewsZ

Litecoin Price Analysis: Litecoin Value Dropped by 6.5% in Last 24 Hours – CryptoNewsZ

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Blockfolio, which is one of the most popular crypto portfolio management apps, recently announced Litecoin as their official partners. It might help in building a better network and increased users for LTC coin. Let’s hope to see some improvements.

This week in Blockfolio Signal:

@litecoin Named Official Partner of the Miami Dolphins 🏈
@OntologyNetwork and @NEO_Blockchain Partner to Build a Cross-Chain Platform 🤝

+ more from @ParticlProject, @factom, & @cryptocom

Read more on the blog: https://t.co/hM8RHQl5wJ

— Blockfolio (@blockfolio) July 19, 2019

Litecoin Current Statistics

LTC price is currently trading at $89.65 at 06:56 UTC on 28th July 2019. The other essential factors are as follows:

Litecoin Chart By TradingView
  • Return on Investment: 1982.01%
  • Total supply/Circulating Supply: 62,854,368 LTC/ 62,854,368 LTC
  • 24 Hour Volume: 2,624,658,616 USD
  • Market Cap Value: 5,626,905,109 USD
  • 7 Day high/low: 100.25 USD / 87.70 USD

LTC to USD Price Comparison

Yesterday, the highest of LTC value was trading at $96.18 at 00:15 UTC. The value dropped by 7.3% at 10:34 UTC, the value changed the trade to $89.11. The value from then went further down by 2.22% at 15:06 UTC with a trading value of $87.15. The value today 04:31 UTC was escalated by 2.91% trading at $89.66.

LTC Price Prediction and Conclusion

Litecoin price is currently seen trading in the downtrend, which means buying the LTC coins might be an ideal decision. To enjoy the returns in the future, it is vital to hold the position for some time. But for a safer bid, the calculated resistance and support levels are as follows:

Resistance Levels: R1: $93.79, R2: $98.7 and R3: $101.74

Support Levels: S1: $85.84, S2: $82.8 and S3: $77.89

Before the end of 2019, if Litecoin switches to the bullish zone, we might see the touchdown of $150.

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