LiteCoin Market Report: LTC Rally Ignites

Brief:


LiteCoin is on a rally. LiteCoin is up 8.83% on the day, up 25.50% on the week and down -1.65% on the month on a last price of 0.01326118 BTC or about $33.05 per LiteCoin. LTC/BTC is trading between a 24hr high of 0.01323991 and a 24hr low of 0.01182000 on a 24hr volume of 15596.85943700 BTC or 1251824.76192994 LTC. The weekly trend is up.

Last price

0.01326118 LTC/BTC

$USD

last price $ 32.90
one week ago $ 26.21
percentage 25.52%

Volume

Volume

The 24 hour volume on Poloniex is 15596.85943700 BTC or 1251824.76192994 LTC.

Remarks

LiteCoin Rally Ignites
LiteCoin blew through the daily high today in no time at all, quickly notching another ten thousand satoshi on the price despite strong resistance. A lot of buyers saw the strong buy weight and have climbed onboard the rally. Check out our Featured Chart for details.

XBTLivePrice
After suffering a crushing $500 plus fall this week bitcoin is slowly on the mend. Poloniex price is $2425.00 up 7.21% over yesterday:

In all likelihood we can count on a relatively stable, slowly rising bitcoin price for the next several days minimum. The altcoins have already responded favorably to this scenario, with most posting green day to day changes.

Price change

Price change is the percentage change within the period:

period change
day 8.83%
week 25.50%
month -1.65%

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 $ 1,696,890,933
Available supply 51577232
Last price $ 32.90

Daily High Low

daily high 0.01323991
daily low 0.01182000

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 0.01182000
week 0.01000000
biweekly 0.01000000
month 0.00986405

Resistance

Resistance is the highest price within the period:

period resistance
day 0.01323991
week 0.01324188
biweekly 0.01324188
month 0.01549980

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 0.00141991
week 0.00269456
month -0.00022290

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

LiteCoin is on a rally. LiteCoin is up 8.83% on the day, up 25.50% on the week and down -1.65% on the month. The weekly trend is up. LTC/BTC saw weekly support at 0.01000000 and weekly resistance at 0.01324188. 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 Friday June 16 2017 19:13 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