Crypto Investors Finally Realize The True Potential Of Litecoin (LTC)? - Kakiforex.com - Financial Market Media No. 1 in the World Crypto Investors Finally Realize The True Potential Of Litecoin (LTC)? Crypto Investors Finally Realize The True Potential Of Litecoin (LTC)?
InstaForex

September 7, 2021

Crypto Investors Finally Realize The True Potential Of Litecoin (LTC)?

 Litecoin prices have risen recently, rising to their highest level since mid-May as the digital currency network continues to profit from growing activity.


It can be seen that Litecoin has seen a good reputation, producing a 38% jump reaching a high of $ 232.6 in the September trading session.


Several factors have supported the soaring price movement, one of which is the low volatility of around 58%.


Can be seen on the LTC/USDT price movement chart, saw the price of Litecoin has jumped over 40% in the August trading session.


From a technical point of view, LTC is seen to be declining slightly after reaching its latest high a few days ago.



If the LTC returns to a bullish pattern, the $ 225 resistance zone will be the next focus to be tested before making a higher jump.


But if the Litecoin price movement continues to show a bearish pattern, the $ 185 RBS (resistance become suppport) zone will be tested first before continuing the decline to the lowest level.


At the time of writing, LTC is trading at the $ 219 price level down over 2% in the last 24 hours.