Litecoin (LTC) Price Prediction: LTC/USD Bulls Aim to Reclaim $75 as Support

Litecoin's LTC/USD price has increased 3.14% over the past 24 hours to $71.08, which is in the opposite direction of its trend over the past week

Litecoin (CRYPTO: LTC) price increased 3.14% over the last 24 hours to $71.08, moving in the opposite direction of its trend over the past week, where it experienced a 1.0% loss, moving from $71.94 to its current price.

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). 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 fallen 26.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.16%. This brings the circulating supply to 75.12 million, which makes up an estimated 89.43% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #26 at $5.34 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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