Litecoin Will Reach to $100

Litecoin Will Reach to $100 The litecoin price LTC to US dollar exchange rate surged to an all-time high of over $90 on September 1, taking its 12 months-to-date gains above 2,000 percent.

but while the cryptocurrency was driving high on technological advances, China’s abrupt ICO ban delivered a blow to momentum. Ethereum, bitcoin, bitcoin cash and so forth tanked, and litecoin become no exception, dropping extra than 15% on Monday to a five-day low of $64.Litecoin Will Reach to $100

considering that then, the cryptocurrency appears to have regained poise. Tuesday’s bullish internal day candle has been accompanied through an upward thrust to $80 levels today.

The improvement is splendid as an inside day candlestick pattern takes place whilst a security trades in the excessive and low range of the day past. it works as a bullish sign if the rate movement on the day after today is tremendous. at the contrary, a negative fee action on the following day is read as a bearish sign."Litecoin Will Reach to $100"

As per CoinMarketCap, litecoin has seen the third largest profits a few of the top 10 cryptocurrencies over the last 24 hours, ranking only beneath bitcoin cash [up 15.37 percent] and IOTA [up 13.72 percent]. LTC/USD traded at $78 at press time.

The sell-off from the document highs above $90 degrees become quite much in line with the overbought 14-day RSI wherein rate moved to the upside.

sellers ran out of steam close to the help provided by the 61.8% Fibonacci Retracement level of the rally from the August eight low to September 1 excessive.

As discussed in advance, the day before today's bullish inside day candle and a nice motion today is bullish. consequently, you will expect litecoin to revisit $ninety degrees.

fashion reversal [bullish to bearish] would be shown only after a smash under the September 4 low of $64.00.

Litecoin Mining with CPU

Litecoin Technical Analysis $200 In 2018

PAY ATTENTION TO THE LITECOIN TRAIN!