Litecoin ($LTC ) Price Review - Blockchain Reporter Analytics

Litecoin, $LTC, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, Litecoin is trading above all three moving averages (50, 100, 200), signaling a strong uptrend. The crossover of shorter moving averages above the longer ones reinforces the bullish sentiment.

On the other hand, we see that the ADX is at 22.42, showing that the current trend lacks strength. This could indicate that while the uptrend is in place, it’s not yet gaining significant momentum. Litecoin traded at $66.69 as of press time, representing a 1.95% increase over the last 24 hours.