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Price Analysis: Litecoin (LTC) Price Increased More Than 18% Within 24 Hours

Price Analysis: Litecoin (LTC) Price Increased More Than 18% Within 24 Hours

The price of Litecoin (LTC) has increased 18.15% over the past 24 hours to $104.39. 

LTC Price Chart |  Source: Coinstats

 

Over the past week, LTC has experienced an uptick of over 18.0%, moving from $89.13 to its current price. 

See Also: Price Analysis: Bitcoin Cash (BCH) Price Increased More Than 4% Within 24 Hours

As it stands right now, the coin’s all-time high is $410.26.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). 

LTC Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 121.0% over the past week while the overall circulating supply of the coin has increased 0.06% to over 74.30 million which makes up an estimated 88.45% of its max supply, which is 84.00 million. 

LTC Circulating Supply and Trading Volume

 

The current market cap ranking for LTC is #21 at $7.80 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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