How much is LTC worth?
The current price of Litecoin stands at $94.4. Over the past 24 hours, it has experienced a trading volume of $1.72B and a market capitalization of $6.71B. Litecoin’s market dominance is at 0.55%. However, there has been an increase in the LTC price by 1.81% within the last 24 hours. Currently, there are 73.33 million LTC in circulation out of a maximum supply of 84.00 million LTC.
Litecoin price analysis: LTC price attempted to surge above $100 but faced resistance
TL; DR Breakdown
LTC price experienced a massive breakout and attempted to surge toward $100, but bears gained control
Resistance for LTC is present at $106.7
Support for LTC/USD is present at $87.34
The LTC price analysis for 30 July confirms that bulls initiated a massive uptrend today as LTC price rose from the low of $91 and surged toward $100. However, sellers plunged the altcoin quickly to prevent a surge above $100.
LTC price analysis 1-day chart: LTC/USD holds momentum near $95 resistance level
Analyzing the daily price chart, Litecoin witnessed a bullish rally after bears failed to maintain a trade below $90. Bulls triggered a massive breakout above $94 and sent the price toward $100 only to face a strong rejection. LTC price met selling pressure and declined heavily, consolidating within a resistance zone at $93-$95. The 24-hour volume surged to $29.5 million, showing an increased interest in trading activity today. LTC price is currently trading at $94.4, increasing by nearly 1.8% in the last 24 hours.
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