Litecoin Sustains 4-Month Run With 37% Gain, Beating Most Of Its Peers – Details

Litecoin Sustains 4-Month Run With 37% Gain, Beating Most Of Its Peers – Details


With its latest break above the $74 barrier, Litecoin (LTC) is showing encouraging signs of a breakout into the bull market.

Increased transaction activity from miners and major investors in cryptocurrency is fueling expectations of an upward trend and suggests that a huge price spike is imminent.

At the time of writing, the price range for LTC is $61.50 to $74.50, up 3.5% in the last 24 hours, figures by crypto market price aggregator CoinGecko show. The crypto has so far been able to hold its ground and sustain a 37% increase in the last four months, data shows.

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The 100-Day Moving Average, on the other hand, is currently at $67.40, while the 10-Day Moving Average is at $73.25. These indicators suggest that Litecoin is

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