Litecoin(ltc)market reviews and price predictions
Litecoin market statement for 2023-06-02
Yesterday the price of ltc stood at $94.5. The market capitalization of the asset was $6 860 550 498. Litecoin’s volatility was established at 0.83%. The trading volume of the coin reached $1 044 568 238.
Litecoin prognosis for the next days:
We estimate the price of Litecoin to be $92.39 tomorrow 2023-06-04 and $90.17 on 2023-06-10;
We estimate the market capitalization of Litecoin to reach $6 495 061 362 tomorrow 2023-06-04 and $6 627 188 117 on 2023-06-06;
We estimate the volatility of Litecoin to become 1.45% tomorrow 2023-06-04 and 2.26% on 2023-06-06;
We estimate the trading volume of Litecoin to amount to $479 616 487 tomorrow 2023-06-04 and $586 797 864 on 2023-06-06.
Our recommendation for the pair LTC/USD for tomorrow, 2023-06-04, to sell.
A 7% price increase last week (May 27 - June 2) confirms the bullishness of Litecoin.
The upward movement of the Litecoin price last week indicates the chosen market is bullish. LTC has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish response: The Litecoin price melts by 1% between May 22 and May 28.
The behavior of Litecoin last week was characterized by the occurrence of downswings. The volatility associated with the LTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Red clouds gathered above the Litecoin market last week (May 19 - May 25) as the price went down by 8%.
The downward movement of the Litecoin price last week indicates the chosen market is. LTC was caught in a period of medium volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Litecoin lost 8% in the period May 19 - May 25 as a result of selling pressure.
The analysis of last week’s price action shows that the Litecoin market is in the phase since the price has been moving downward. LTC was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bleeding market: Litecoin loses 8% between May 19 and May 25 as the selling pressure grows.
The behavior of Litecoin last week was characterized by the occurrence of downswings. LTC was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Litecoin lost 8% in the period May 19 - May 25 as a result of selling pressure.
The analysis of last week’s price action shows that the Litecoin market is in the phase since the price has been moving downward. The price swings of LTC pointed to the presence of medium volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
May 19 - May 25 price action review: Litecoin goes down by 8%.
The downward movement of the Litecoin price last week indicates the chosen market is. The volatility associated with the LTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Red clouds gathered above the Litecoin market last week (May 19 - May 25) as the price went down by 8%.
The behavior of Litecoin last week was characterized by the occurrence of downswings. The volatility associated with the LTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
A 12% price appreciation seen on the Litecoin market between May 14 and May 20.
The upward movement of the Litecoin price last week indicates the chosen market is bullish. LTC has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of increased trading volume.
Litecoin exploded by 19% in the period of May 11 - May 17 as the buyers got an upper hand.
The upward movement of the Litecoin price last week indicates the chosen market is bullish. LTC has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.