Litecoin Price: Positive Momentum Seems to go by Unnoticed – CoinDais Crypto News
The ongoing “luck of the draw” for all cryptocurrency markets seems to hold up fairly well. Albeit a few currencies have suffered from minor losses, the Bitcoin price is still ter the green. One of the currencies most people tend to overlook right now is LTC, despite the Litecoin price benefiting from a puny increase spil well.
Litecoin Price Flies Under the Radar
It is rather interesting how people perceive the many different cryptocurrencies on the market today. Whereas most people pay attention to either Bitcoin or Ethereum, there are a handful of other currencies people need to take note of spil well. Especially those currencies which have bot around for fairly some time now. Litecoin certainly falls into that category.
For the Litecoin price, the past 24 hours have bot somewhat awesome. Albeit a Two.26% build up is nothing to be utterly excited about, the current price still shows there’s slew of positive momentum across the markets when looking at the fatter picture. Thanks to this build up, the Litecoin price has risen to $86.6 again, which is not exactly the value most people want to see.
Spil one would expect from this Litecoin price increase, there’s also a price increase te the LTC/BTC ratio to keep the momentum going. Interestingly enough, this build up is larger than Litecoin’s USD increase, even tho’ the value of Bitcoin is ter the green. Cryptocurrency markets often work ter different and mysterious ways.
Due to all different cryptocurrencies observing a healthy increase ter overall trading volume, the same applies to Litecoin. With just under $325m ter 24-hour trades, the request to buy and sell LTC is rather tangible. Spil long spil the bulls remain te control of this market, the Litecoin price can proceed to rise. Reaching $90 is not out of the question, for the time being.
OKEx has a rock-hard control of the Litecoin trading behavior. Interestingly enough, there is also Coinbase Voor te fourth place. It shows up the rename from GDAX to Coinbase Professional has not caused any major disruptions and the fresh brand is still pretty popular. Bit-Z and bitflyer are also te the top five spil of right now. Just one fiat currency pair ter the top five isn’t promising, but it is presently sufficient to keep the Litecoin price thrust going.
The fatter question is whether or not the Litecoin price can remain ter the green for much longer There is some bearish pressure pushing down the prices of other cryptocurrencies, albeit that is not entirely surprising at this stage. Spil long spil the value of Bitcoin doesn’t crash overnight, it seems overduidelijk the Litecoin price will proceed to truck along nicely.
Get verdadero time updates directly on you device, subscribe now.