As the cryptocurrency market momentum has caught its breath once again, all markets seem to be moving up rather nicely. Modest gains are seemingly not on the agenda for some projects today, which is not necessarily a bad thing. The Litecoin price, for example, is popping off after breaking through the $50 resistance level without any noteworthy problems.

Bullish Litecoin Price Momentum Intensifies

The year 2019 has been very kind to a handful of cryptocurrencies, tokens, and assets so far. While that doesn’t necessarily apply to the markets most people would expect, Litecoin holders will be quite happy with the way things have gone recently. Today is another example of why this project is worth keeping an eye on, as LTC has noted some incredibly solid gains in quick succession.

Over the past 24 hours, it has been very interesting to keep an eye on the Litecoin price. Following a 13.8% gain in USD value, one LTC is now priced at $52.86. There is also a near 10% gain over Bitcoin, which pushes the ratio to 0.01357 BTC. Very…

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Source: https://themerkle.com/litecoin-price-surges-again-as-major-whale-keeps-accumulating/