Litecoin Price Analysis: LTC to Continue with the Sluggish Run

Litecoin has been making huge progress regarding its privacy features. Notably, David Burkett, the designer of Grin++ says, working with Litecoin author Charlie Lee is paying off. Grin++ is a wallet for the protection arranged cryptographic money.

$47.33 was LTC’ s price on November 29, 2019, with the bullish stance. It managed to soar up and shown a growth of 4.22% on the same day. On November 30, the coin was trading at $48.68. The coin dropped by more than 6% on December 1, resonating with the market. Since the past 2 days, the bears have been maintaining a strong hold on LTC which is prevalent today also.

Litecoin Price

LTC Price Comparison and Future Forecast:

Considering LTC’ s price trend since December 2, 2019, it is presently showing a downtrend of 6.52%. It is expected to continue with the downtrend tomorrow with prices reaching $43.75. In a time gap of a week, it may be valued at $58.11.


Litecoin has been trading on a mixed note since the end of last month. Since December 2, the bears are controlling the coin. In the long term, LTC can yield better results as it may reach above $70 by December 2020.

Recent Articles

Mphasis and QEDIT to Create Blockchain Solutions With Enhanced Privacy

Indian IT firm Mphasis has teamed up with Israel’s QEDIT to create blockchain-based privacy-enhancing enterprise solutions. Blockchain being a distributed ledger technology, all transactions on...

Smart Sight Innovations Provides Blockchain-based Solution for Trusted’s Web App

Headquartered in Mumbai and working as a renowned IT and web-based solution providing firm Smart Sight Innovations has designed a revolutionary blockchain-supported solution for...

RBI Says Crypto Not Banned in India but Offers Little in Terms of Utility

The Reserve Bank of India on Wednesday made a strong statement against Crypto and asserted that residents of India are in no need of...

Siemens gets support from Trump on Middle East Reconstruction Projects

In a recent interview with CNBC at the World Economic Forum (WEF), Siemens CEO, Joe Kaesar revealed that US President Donald Trump would support...

Ways to Catalyze Mass Adoption of Cryptocurrencies

The adoption of cryptocurrencies is gradually gaining momentum in this era when the global economy is looking forward to digitization. From money transfer to...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox