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Litecoin started the month with a price of $47.01, and then it dropped to $45.69, with almost a fall of 3%. After that, LTC price hiked by 5% despite the fall and reached $48.35. On December 2, 2019, Litecoin price fell again by 5.61% and reached at $44.81. Yesterday, the price rose up to $46.89 but couldn’t survive at this level. LTC’s lowest price noticed was $43.78 in the last five days.
Litecoin Price Prediction
If we analyze the price movement of Litecoin since yesterday, it exhibits a drop of 4.96%. Currently, LTC is on the verge of recovery, and it may trade around its immediate resistance of $46 shortly. We recommend to hold the existing coins to get a long-term gain. The past five days’ price evaluation confirms that the bears have dominated the coin more than the bulls. $44.33 and $43.48 can be the support values if Litecoin remains to fall from here on.
Dipayan Mitra is a dedicated Editor and Journalist in the Web3 and cryptocurrency domain with over five years of experience...Dipayan Mitra is a dedicated Editor and Journalist in the Web3 and cryptocurrency domain with over five years of experience in the media industry. A journalism graduate, Dipayan has developed a keen interest in staying up-to-date with the latest developments in the crypto space, allowing him to offer fresh insights and expert analysis on emerging trends. Specializing in technical analysis and market trends, Dipayan is known for his ability to break down complex cryptocurrency topics and deliver them in an accessible and engaging manner. Dipayan’s work has been featured on crypto platforms such as AMBCrypto and CoinGape, where he contributes regularly with high-quality, timely content.
