LiteCoin Market Report: LTC/BTC Sets 33 Month High

Brief:


LiteCoin has set a 33 month high. LiteCoin is up 4.95% on the day, up 5.43% on the week and up 143.50% on the month on a last price of 0.00815650. LTC/BTC is trading between a 24hr high of 0.00844400 and a 24hr low of 0.00739142 on a 24hr volume of 11991 BTC or 1506698 LTC. The weekly trend is mixed.

Last price

0.00815650 LTC/BTC

$USD

last price $ 9.85
one week ago $ 9.35
percentage 5.35%

Volume

Volume

The 24 hour volume on Poloniex is 11991.25973502 BTC or 1506698.56216614 LTC.

Remarks

LiteCoin has set a 33 month high. June of 2014 was the last time LiteCoin was higher than today’s last price of $ 9.85. That earlier high was on the descent from an even higher rally. The all time high is $50.27 set on November 28 of 2013.

LiteCoin is largest BTC volume mover on Poloniex.com today with over twelve thousand BTC of LTC traded in 24 hours. The price is up 4.95% on the day in mixed trading.

All Time Chart: CoinMarketCap
CoinMarketCap’s LiteCoin all time chart shows you’d have to go all the way back to July of 2015 to find a similar price spike. On that earlier date LTC soared as high as $7.76:

Today’s last price at the time this report was generated was $ 9.85.

One Month Chart
The one month chart gives a good idea of where LTC has been in the runup to the latest rally:

March 30 saw the first enormous price boost. The price went from a low of 0.00406441 to a high of 0.00800000 BTC on a weighted average of 0.00658960 BTC on that date. Later on April 05 we saw over 50,000 BTC of LiteCoin change hands and the price went to a high of 1134000 – the monthly and yearly plus high.

XBT LivePrice
XBT LivePrice shows the latest bitcoin price on four major exchanges:

Higher LiteCoin Price?
The relatively high $1200 plus Bitcoin price would typically place downward pressure on LiteCoin and other alts. Trading chatter mentioned the price was driven higher by internal manipulation with no evidence whatsoever to substantiate. We could see an even higher LiteCoin price if and when Bitcoin eases off to sub $1200.

Weekly LiteCoin Detail
Zoom into the weekly LiteCoin price and volume detail with our Featured Chart.

Price change

Price change is the percentage change within the period:

period change
day 4.95%
week 5.43%
month 143.50%

Featured Chart

Tap or click chart to enlarge:

Data source

Poloniex is the data source for this market report.

Market capitalization

Market capitalization is the total $US dollar value of the LiteCoin market calculated using the formula:

market cap = ( available supply x last price )
Market cap $ 498,196,324
Available supply 50578307
Last price $ 9.85

Daily High Low

daily high 0.00844400
daily low 0.00739142

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.00739142
week 0.00716003
biweekly 0.00391668
month 0.00311780

Resistance

Resistance is the highest price within the period:

period resistance
day 0.00844400
week 0.01134000
biweekly 0.01134000
month 0.01134000

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00105258
week 0.00042025
month 0.00480683

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

The price is up 4.95% on the day, and the volume is highest BTC mover on Poloniex today.

Summary

LiteCoin has set a 33 month high. LiteCoin is up 4.95% on the day, up 5.43% on the week and up 143.50% on the month. The weekly trend is mixed. LTC/BTC saw weekly support at 0.00716003 and weekly resistance at 0.01134000. Market sentiment is bullish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Tuesday April 11 2017 00:06 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

LiteCoin, LTC/BTC, Poloniex, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags