Litecoin News Today – Litecoin LTC Price Experienced a Drop to $39 – April 6th, 2020
发布时间：2020-04-07 09:14:38 发布人：TokenString
Litecoin news today – After spending the most of the last trading day around the $40 mark, the price of Litecoin experienced a slight decline. This took it’s price to $39 for a brief period. This minor correction was also echoed throughout the digital asset market. At the time of the drop, a handful of digital assets were in the red zone. Note that LTC has since moved on from this negative trend. Let us see how the coin has performed in the last 24-hours.
Litecoin (LTC) Price Today – LTC / USD
Name
Price
Litecoin
$45.33
Litecoin LTC Price Experienced a Drop to $39
As stated above, having spent the bulk of the trading day sitting on the $40 mark, the digital assets price inevitably experienced a slight drop. This move took it to the $39 mark. It is paramount to indicate that those losses have dissipated. At press time, the price of Litecoin was seen changing hands at the $40.61. The coin was up by 0.63% in the last 24-hours. Now, cryptocurrency analysts have no clear direction regarding the next action for the price of Litecoin. However, when you consider the market’s fragility, analysts have chosen to stay on the fence by offering both bullish and bearish scenarios. According to analyst Alex Clay’s assessment, Litecoin’s price has created a symmetrical triangle. The coin is developing an ascending pattern. Hence, the trader recommends that investors take a long position if there’s a confirmed retracement from that channel support. If the scenario plays out, the price target for LTC will be at $40.85 and $41.26. But if there is a breakout beneath this position, investors should be ready to short. The commentator recommends a sell region at $40.43 and $40.28.
Litecoin news today – After spending the most of the last trading day around the $40 mark, the price of Litecoin experienced a slight decline. This took it’s price to $39 for a brief period. This minor correction was also echoed throughout the digital asset market. At the time of the drop, a handful of digital assets were in the red zone. Note that LTC has since moved on from this negative trend. Let us see how the coin has performed in the last 24-hours.
Litecoin (LTC) Price Today – LTC / USD
| Name | Price |
|---|---|
|
|
$45.33 |
Litecoin LTC Price Experienced a Drop to $39
As stated above, having spent the bulk of the trading day sitting on the $40 mark, the digital assets price inevitably experienced a slight drop. This move took it to the $39 mark. It is paramount to indicate that those losses have dissipated. At press time, the price of Litecoin was seen changing hands at the $40.61. The coin was up by 0.63% in the last 24-hours. Now, cryptocurrency analysts have no clear direction regarding the next action for the price of Litecoin. However, when you consider the market’s fragility, analysts have chosen to stay on the fence by offering both bullish and bearish scenarios. According to analyst Alex Clay’s assessment, Litecoin’s price has created a symmetrical triangle. The coin is developing an ascending pattern. Hence, the trader recommends that investors take a long position if there’s a confirmed retracement from that channel support. If the scenario plays out, the price target for LTC will be at $40.85 and $41.26. But if there is a breakout beneath this position, investors should be ready to short. The commentator recommends a sell region at $40.43 and $40.28.
