Cryptocurrency News Today – Litecoin and other cryptocurrencies showing a positive sign of improvement in their recent price movement. Litecoin, in particular, has prospective futures, traders and investors will gain massively if they invest, as their investment would not be in vain. Traders can invest for the long-term to reap enough profit in the coming time. Currently, Litecoin is ranking in the fifth position in the crypto market. The coin has surpassed the expectancies of the traders and investors in the last two quarters. Although, the present quarter is a bit unsatisfactory for the traders and investors due to the market price fluctuation.
Litecoin Price Analysis – LTC moving in an upward and downward trend, currently on a positive trend
The recent Litecoin price analysis shows the currency commenced with an increment of 1.36% on August 10th. Changing the price counter from $84.482 to $85.634. The upsurge persisted and saw the price accelerated from $85.634 to $89.968 by 2.15%. However, on August 12th, the currency started declining, the price dropped from $89.968 to $85.542 by 4.92%, this price was retained on 13th August, this decline persisted till on 14th August, where the currency experienced a massive decline 5.01% altering the price from $85.035 to $75.630. An unexpected surge was experienced on 16th August, as the currency gained 1.10%, moving the price from $75.630 to $76.460.
Stellar Price Analysis: XLM/USD – Stellar picking up well after decline, both short and long-term investment is advisable
Stellar is the most unstable currency among the major cryptocurrencies. On the recent stellar price analysis, Stellar is currently experiencing a bearish trend. The bear seems to be changing into a bull soon. So far, crypto analysts have predicted that the currency has the prospect of a massive increment in the long-term.
Stellar (XLM) Price Today – XLM / USD
Stellar price analysis, currently the price is indicating a substantial decline in the currency. In the past few days, the currency has been experiencing a fluctuating price movement. The currency soared from $0.072 to $0.073 by 1.91% on 10th August, on 11th August, the currency moved from $0.073 to $0.077 by 5.86%. While on 12th August, the currency dropped from $0.077 to $0.075 by 2.03%, this decline continued till on 13th August, where the price dropped by 1.98% from $0.075 to $0.074. On 14th August, the currency took a massive decline of 6.74% from $0.074 to $0.069. On 15th August, the currency accelerated from $0.069 to $0.070 by 2.09%. Presently, the currency is around $0.084.
Going by the latest stellar price prediction, the currency would be best for short term traders and investors. Although they also predicted that, long-term could also be advantageous as the future outlook of the company is optimistic. Overall, the investment in the currency would see investors and traders cashing out huge profits.
Binance Coin Price Analysis: BNB/USD – Short-term investment advised for traders due to the fluctuating price trend
In recent times, BNB currency has gone through a lot of price fluctuation, surprisingly, the currency is beginning to recover. Recently, the currency started showing an upsurge movement in the price trend. This recent event could take a turn and bring out Binance currency of if the downtrend movement. In the recent Binance price Update, the currency is indicating a decline, on 10th August, the currency commenced with $29.8532 and dropped to $29.65 by 0.68%, on 11th August, it soared from $29.65 to $30.15 by 0.69%, this price was retained On 12th August, But on 13th August, the BNB currency price dropped from $30.12 to $29.300 by 2.82%. The price continued the decline on 14th August, the decline from $29.3 to $27.056 by 7.66%. The price saw an upsurge on 15th August, it accelerated from $27.05 to $28.06 by 3.73%. Currently, the currency is trading around $26.92. In the recent Binance price prediction, traders are encouraged to invest in the currency for a short-term period, as the currency is forecasted to be in danger for any long-term investment. However, the short-term period given is enough for traders and investor to make a huge profit from the currency.