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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.
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.
Conclusion:
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.
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.
