You are currently viewing Litecoin overtakes Steller Lumens

Litecoin overtakes Steller Lumens

Litecoin, after, the top seventh cryptocurrency on earth, by market cap, has become the sixth biggest cryptocurrency.

The costs for LTC were in for a crazy roller-coaster ride with much-needed volatility at the crypto markets. The 24-hour time frame indicates a maximum cost change of approximately 11%, with present costs at $38.

Litcoin Symbol LTC

Image source: Coinmarketcap


LTC graph for the one-day time period indicates a whole lot of volatility with a brief spike in costs proceeded by a fast correction. In the one-day graph, the costs began trading at $34 and peaked at $36.14.

The costs attempted breaking the resistance at this level several times but failed, hence the prices adhered into a sideways trend for quite a while.

The costs, however, dipped as low as $35 on January 6, 2019, UTC, and, LTC prices climbed as large as $38.5, at which point, the 24-hour shift was in the highest, i.e., ~11%.

At a longer time period of 7-days, the cryptocurrency [Litecoin] has been soaring by a gigantic 18% amidst the bear market. In contrast, Bitcoin at 24-hour time frame indicates a negative prognosis, so does XRP, Bitcoin Cash [BCH], and Stellar Lumens.

The 24-hour trading volume of Litecoin has reached a humungous $815 million and the vast majority of this volume is coming in by the OKEx market via the trading group LTC/BTC but contributes another $66 million through LTC/USDT pair.

Read more:


Bear Market What Is It? Meaning and Strategies for Investing in One

Litecoin’s Stellar Rise: A Comprehensive Review

Alexa Medliscott

Alexa is the Financial Editor at InvestorDaily.org and brings a wealth of experience, having written for various industries over the past 12 years. Her investment platform reviews, news, blogs and guides are meticulously researched, fact checked, and updated on a regular basis. Follow Alexa on LinkedIn.

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