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- Litecoin is the seventh biggest cryptocurrency in the world.
- The Litecoin prices had been down lately for quite some time, but it might just be a good thing for its traders.
- The growth in the price of Litecoin has started and is expected to rise to new highs, even the rise in price has low.
The Litecoin prices had been down lately for quite some time, but it might just be a good thing for its traders. The traders have seen very little to no price improvements in the past, but it is slowly coming up.
Litecoin is the seventh biggest cryptocurrency in the world, has seen price improvements that have given bigger motivation to the traders with the chances of something big coming up soon.
The price change over the past 24 hours, the coin has seen the addition of just a little more than a percent and is now trading at the price of around $62.67 (Price is subject to change) on the Bitstamp Crypto exchange. The Litecoin capitalization is $4.038 Billion.
The first half of the year 2019 has been very successful to altcoin, just before the miner’s awards were reduced in half by the process of halving in the month of August, the price of Litecoin went up suddenly to $142 at some trading platforms by the mid of summer. But that was it for the growth because the crypto began to weaken drastically.
Looking at what the trader Benjamin Blunts has to say, he thinks that the Litecoin has now completely bottomed out. This means that the price can’t fall any further according to the trading experience of Benjamin. He says that this price correction period is now over, and something big is in store for Litecoin growth.
The growth in the price of Litecoin has started and is expected to rise to new highs, even the rise in price has low. If the price of the coin goes over the $69 mark, it will help us see new highs. The only shady thing was that the analyst had point-blank refused to explain his calculations.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
