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LiteCoin Market Report: $LTC Tops All Time High

LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84.
LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84.

Brief:


LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84. The LiteCoin marketcap is $6,766,734,729 with a circulating supply of 54,203,258 $LTC. $LTC/USD is trading between a 24hr high of $144.75 and a 24hr low of $95.25 on a 24hr Coinbase volume of $281,525,000. In moderate to heavy volume trading the weekly trend is mixed.

Last price

124.84 $LTC/USD

$USD

last price $ 124.84
one week ago $ 100.17
percentage 24.63%

Volume

Volume

$LTC 24 hour volume
USD $281,525,000
all $LTC currencies $1,297,610,000

The 24 hour volume for $LTC/USD on Coinbase is $281,525,000. This volume weight is moderate to heavy when compared with Coinbase daily trading levels for $LTC over the last month.

The total 24 hour volume for all reporting $LTC markets is $1,297,610,000.

Market Share

The Coinbase currency pair $LTC/USD is 21.70% of all $LTC traded in twenty-four hours. After GDAX – OKEx, Bitfinex and Bithumb take second to fourth position today.

Remarks

LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84. The LiteCoin marketcap is $6,766,734,729 with a circulating supply of 54,203,258 $LTC. $LTC/USD is trading between a 24hr high of $144.75 and a 24hr low of $95.25 on a 24hr Coinbase volume of $281,525,000. In moderate to heavy volume trading the weekly trend is mixed.

While this is an all time high USD price for LiteCoin and in a bullish trend, it may be prudent to observe that the net price yesterday, on December 05 and 06 respectively were all down and in the red on the one day chart.

Of all the altcoins, LiteCoin is arguably the most stable and well run cryptocurrency bar none. At its all time high of $144.75 on GDAX this digital asset remains undervalued.

CoinMarketCap.com YTD Chart

One Day Candles

Browse LiteCoin Collection

Learn about the unique characteristics of $LTC. Browse our collection of LiteCoin Market Reports.

Friday December 08 2017 Bitcoin Background

Altcoins such as LiteCoin may show a relationship with bitcoin (BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-1.99% price $16,094.70
vol $21,827,900,000
mktcap $269,236,760,779
16.73M #XBT 19:14 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Price change

Price change is the $LTC percentage change within the period:

period change
day 27.69%
week 24.63%
month 99.97%

Highlight Chart

Tap / click to enlarge:

LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84.
LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84.

Data source

Coinbase is the main data source for this report. Other sources are credited where used.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 6,766,734,729
Circulating supply 54,203,258
Last price $ 124.84
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 144.75
daily low 95.25

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 144.75
week 144.75

Support

Support is the lowest price within the period:

period support
day 95.25
week 82.00

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

LiteCoin has set a new all time high of $144.75 on GDAX. LiteCoin is up 27.69% in 24 hours, up 24.63% on the week and up 99.97% on the month on a last price of $124.84. The LiteCoin marketcap is $6,766,734,729 with a circulating supply of 54,203,258 $LTC. $LTC/USD saw weekly and all time resistance at $144.75 and weekly support at $82.00. Market sentiment is bullish. The weekly trend is mixed in moderate to heavy volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

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 December 08 2017 19:09 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

LiteCoin, $LTC, USD, Coinbase, Market, Report, $LTC/USD, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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