Litecoin(ltc)market reviews and price predictions
Litecoin market statement for 2023-02-05
Yesterday the price of ltc stood at $95.63. The market capitalization of the asset was $7 129 017 054. Litecoin’s volatility was established at 4.03%. The trading volume of the coin reached $442 479 794.
Litecoin prognosis for the next days:
We estimate the price of Litecoin to be $97.48 tomorrow 2023-02-07 and $93.54 on 2023-02-13;
We estimate the market capitalization of Litecoin to reach $6 827 808 368 tomorrow 2023-02-07 and $7 001 912 367 on 2023-02-09;
We estimate the volatility of Litecoin to become 3.32% tomorrow 2023-02-07 and 2.91% on 2023-02-09;
We estimate the trading volume of Litecoin to amount to $1 025 911 073 tomorrow 2023-02-07 and $839 028 299 on 2023-02-09.
Our recommendation for the pair LTC/USD for tomorrow, 2023-02-07, to sell.
Restrained price action on January 30 to February 5 as Litecoin moves up by only 4%.
The behavior of Litecoin last week was characterized by the occurrence of upswings. The volatility associated with the LTC market was medium, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Litecoin sees limited 1% gains between January 20 and January 26 as the market cools down.
The upward movement of the Litecoin price last week indicates the chosen market is bullish. The situation on the LTC market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market review from January 18 to January 24 : Litecoin gets a 6% price appreciation.
The bullish behavior of Litecoin last week was characterized by the occurrence of upswings. The volatility associated with the LTC market was low, as were its price fluctuations. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of increased trading volume.
Restrained price action on January 17 to January 23 as Litecoin moves up by only 4%.
The bullish behavior of Litecoin last week was characterized by the occurrence of upswings. The price swings of LTC pointed to the presence of low volatility. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
Buyers weakened their grip on the Litecoin market (January 16 - January 22) as the price rose only by 2%.
Litecoin has been bullish last week as its price has been predominantly rising. LTC has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin last week took place on the back of increased trading volume.
Buyers weakened their grip on the Litecoin market (January 15 - January 21) as the price rose only by 3%.
The price of Litecoin was rising last from January 15 until January 21, giving enough reason to conclude that the market is bullish. LTC was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Litecoin market stayed flat from January 14 - January 20.
Litecoin portrayed neutral behavior last week, with no changes in the price. The volatility of LTC has been low throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Litecoin market stayed flat from January 13 - January 19.
Litecoin portrayed neutral behavior last week, with no changes in the price. The volatility of LTC has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Reservedly bullish : the price of Litecoin grew by 7% in the period of January 11 - January 17.
The bullish behavior of Litecoin last week was characterized by the occurrence of upswings. The price swings of LTC pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Buyers kept pushing the Litecoin market to the upside between January 9 and January 15 as the price increased by 7%.
The price of Litecoin was rising last from January 9 until January 15, giving enough reason to conclude that the market is bullish. LTC was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.