Litecoin Market Report: LTC/BTC Down -11.37% on the Week

Brief:


Litecoin is down -0.50% on the day, down -11.37% on the week and down -0.70% on the month on a last price of 0.01076426 BTC or about $22.79. LTC/BTC is trading between a 24hr high of 0.01165597 and a 24hr low of 0.01027534 on a 24hr volume of 6225.80487509 BTC or 563620.63986829 LTC. The weekly trend is mixed.

Last price

0.01076426 LTC/BTC

$USD

last price $ 22.61
one week ago $ 25.51
percentage -11.37%

Volume

Volume

The 24 hour volume on Poloniex is 6225.80487509 BTC or 563620.63986829 LTC.

Remarks

Litecoin is looking somewhat attractive down -11.37% on the week at 0.01076426 or about $22.79. The twenty-four hour high is 0.01165597 BTC. This leaves about .00089171 in a full range movement. Traversing this with one BTC yields about 0.0802 or roughly $USD 169.81.

This may not be the highest yield strategy, however the last price compared with the monthly low suggests good value and timely entry.

XBTLivePrice

Bitcoin has hovered near the $2000 mark on Poloniex for over a day now. It’s currently at $1991.22 and up 3.44% on the day which may be stable enough for altcoin exploits.

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Price change

Price change is the percentage change within the period:

period change
day -0.50%
week -11.37%
month -0.70%

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 $ 1,160,072,343
Available supply 51307932
Last price $ 22.61

Daily High Low

daily high 0.01165597
daily low 0.01027534

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.01027534
week 0.00986405
biweekly 0.00986405
month 0.00980000

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01165597
week 0.01439950
biweekly 0.01609766
month 0.02219516

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 0.00138063
week -0.00138049
month -0.00007535

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Litecoin is down -0.50% on the day, down -11.37% on the week and down -0.70% on the month. The weekly trend is mixed. LTC/BTC saw weekly support at 0.00986405 and weekly resistance at 0.01439950. Market sentiment is neutral.

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 Sunday May 28 2017 21:06 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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