Litecoin Price Starts A Fresh Rally, Can It Hit $150 By the End of This Week?

Litecoin (LTC) is continuing to prove that it is one of the best cryptocurrency to invest in 2019. A lot of digital asset investors and trader are very impressed with the price of Litecoin so far this year. The price of Litecoin has been on a rollercoaster ride, but it has amassed a significant level of gains over the past few months. The recent crypto price rally pushed the price of Litecoin over the $100 mark. The LTC USD price was heading to the short-term Litecoin price prediction of $150 before it was stopped. Litecoin (LTC) is now back on its feet, with $130 mark as the near-term LTC price forecast.

Litecoin News Today: Litecoin Is the Highest Gainer Among the Top 20 – Litecoin Price Prediction 2019

Over the past day, Litecoin (LTC) is the highest gainer among the top ten cryptocurrencies according to CoinMarketCap. LTC USD live price is up by more than 10 percent over the past twenty-four hours. Litecoin has great potentials which are yet to be seen. The halving of the mining reward on the network is fast approaching, and this is pretty bullish Litecoin news that is greatly contributing to the growth of the digital currency. The halving event will reduce the reward of miners on the network to 12.5 LTC. This LTC news has seen the return of many digital asset investors to the crypto market, as the price of Litecoin is expected to skyrocket as the date of the halving event approaches.

Other top digital currencies are deep in the red, and one of the highest losers so far is Bitcoin SV, which is down by almost 10 percent. How far can the price of Litecoin (LTC) go? What’s Litecoin price prediction 2019? Will the price of LTC hit $150 in the next couple of days?

Litecoin Price Analysis – Litecoin Price Prediction 2019 – Litecoin Price Forecast – LTC USD Live Price – LTC News Today

The price of Litecoin started encountering challenges earlier this week with strong momentum. LTC USD price plunged by more than 14 percent from its high earlier this week at $115. The price of LTC plunged below the $100 mark, but it found support at the $98 mark. That is the lowest level the digital currency has tested this week.

After hitting that level, LTC price started recovering gradually. Litecoin wasn’t the only digital currency that was affected by the massive declines. Almost all the digital currencies in the market were also affected. However, the price of Litecoin is now in a fast recovery phase, leaving a lot of digital currencies behind. Among the top twenty coins, only a few are trading in the green. Among those few, Litecoin (LTC) is the highest gainer.

At the press time, Litecoin is supported at the $110 level. On the upside, the digital currency is facing an encounter at the $115 level. A break over this level will pave the way for more gains towards the short-term Litecoin price prediction of $130 and $150.

Litecoin (LTC) Price Today – LTC / USD

NamePrice
litecoin
Litecoin
$74.26-2.70%

At the time of writing, LTC USD live price is $114 after an increase of about 10 percent over the past twenty-four hours. The current market cap of the digital currency is $6.87 billion. The trading volume of the digital currency over the past twenty-four hours $4.73 billion.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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