Positive market momentum is rather enjoyable to watch on a Saturday afternoon. At the same time, it tends to make a lot of people nervous, as they acknowledge this uptrend cannot be sustained indefinitely. At this rate, it seems to be a mere matter of time until the Litecoin price surpasses $100 again. There will be plenty of resistance before this happens, though.,
Where is the Litecoin Price Heading Next?
It would appear as if Litecoin has suddenly become the talk of the cryptocurrency industry in this week-long bull run. While other markets are gaining value as well it seems LTC does so in a more convincing and prominent manner. That is usually a good sign for Bitcoin and other top altcoins as well, albeit there is always a chance this momentum disappears in the blink of an eye.
Over the past 24 hours, the Litecoin price rose by another 6.77% to reach $94.06. In terms of LTC/BTC, there is also an uptrend, albeit the 3.89% change is less significant compared to the net USD gains. With Litecoin slowly approaching the 0.02…