Litecoin Price Prediction: Is LTC losing its shine?

in #litecoin6 years ago

As digital coins try to weather bearish trends in the market, Litecoin[LTC] has seen a substantial decline in its value this year. After scaling fresh peaks last year, reaching as high as $375.29, the crypto has succumbed to a broader decline in the market.Source

The virtual currency dropped to as low as $73.17 from as high as $323.12 this year.

On Thursday, Litecoin remained range-bound and failed to break through the $80 level. For most part of the day, the crypto exhibited a downtrend. As of 1500 GMT, the coin was trading 2.5 percent lower against the U.S. dollar at $76.21.
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