Litecoin price is ‘taking on’ the important $60.00 mark for a successful close above which indicates a new formation of trading grounds. Can LTC/USD withstand the sellers?
Litecoin Continues Gaining against the US Dollar
Litecoin price has just topped the $60.00 mark against the USD according to Coinmarketcap and Coinbase. It seems like the ‘Silver coin’ is following its rival and counterpart BTC with the end of week value climb.
Given Bitcoin’s late bull trend, LTC gain is less obvious than one would think, as the altcoin market is in a very rough state right now. Some currencies are already starting to gain on Bitcoin again, whereas others try to reduce losses to near zero. Litecoin is one of the altcoins effectively in the green right now, thanks to solid gains in both USD and BTC value.
Yesterday’s significant 10% gain in price for Litecoin brought it back up to the $60.00 mark today. We are mentioning the particular level often because of the reason it has been a key stone for Litecoin’s surge or decline for some time now.
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