"WATCH OUT THE RISE OF LITECOIN"
Friends,
The past 48 hours have been rather impressive for Litecoin to say the least. Now that Bitcoin and Ethereum are stuck in sideways limbo action, other coins are gaining a lot of interest. Litecoin is one of those currencies, which results in a hefty value increase. Right now, one LTC is valued at $44.50, and it seems the trading volume is still picking up the intensity as we speak,
As most people are well aware of, chickens don’t fly all that well. Litecoin’s chickun may be an exception in this regard, as the currency is soaring to new highs as of right now. That is rather remarkable, as very few people expected an LTC price increase at this point in time. Then again, the price has been somewhat suppressed for quite some time now.
With over $1 billion trading volume in 24-hours, one cannot deny the success of Litecoin right now. Unfortunately, we have seen several LTC price rises over the past few months, which never lasted all that long. It is unclear if this new upward trend will be sustained in the long run, though. If the trading volume stays as high as it is right now, things are looking quite good for Litecoin.
It is always interesting to see where this sudden increase in trading volume is coming from.
So guys if you want to invest in litecoin. This is probably a good choice but I can advise you to wait for sometime because many times litecoine price are rise but that not hold at that price for long period according to the past history of this coin so I advise you to wait for sometime and study this coin and if you think the prices are low to buy then you can buy this coin bcz this is a great coin.
Source- The merkle
Yeah your right mate got stuck in to litecoin a few weeks ago doing well at the moment, good article cheers
Thanks.
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Cheers mate
I think it will consolidate under 50 for a little while, then target 100, after that anybodies guess. I predicted LTC a while back would run to almost 50, the same reasoning tells me that Ripple will be next. I have noticed the bigger cryptos take turns, while others rest. LTC was resting until yesterday, and Ripple is still resting.
Here is my latest. https://steemit.com/cryptocurrency/@motowngold/i-was-3-a-bit-early-on-my-litecoin-call-but-right-on-the-money-is-ripple-next
Very good buddy nic artical
I'm a huge fan of litecoin and have been for a long time. I'm glad to see if rising now and hope it will continue.
I have also thought about buying some Litecoins, we will see as there are just so many to buy :-)
That's why wait for red days to but lite coin
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Litecoin currently at $47... yeah Buddy!!
Ya and some time before its $50
Litecoin is about to surprise a lot of people. At this point going towards to 0.02. Thank you for the very good analysis.
Welcome buddy
Nice articel, see also at @svtechnik and let us follow and vote
Thanks
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