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07/16 13:15

Litecoin (LTC) Price Analysis Litecoin (LTC) raced

Litecoin (LTC) Price Analysis

Litecoin (LTC) raced to an intraday high of $92,26 on Thursday (July 3) before settling at $89.15, ultimately registering an increase of 2.09%. However, it lost momentum on Friday, dropping 2.55% and settling $86.88. Price action was mixed over the weekend as LTC rose 0.80% on Saturday before registering a marginal decline on Sunday to settle at $87.41. Selling pressure intensified on Monday as LTC fell 1.60% and settled at $86.01. The price recovered on Tuesday, rising nearly 2% and settling at $87.62. Buyers retained control on Wednesday as LTC rose 3.53% to cross $90 and the 50-day SMA, settling at $90.72.

Bullish sentiment intensified on Thursday as LTC rallied, rising nearly 5% and settling at $94.87. The price surged to an intraday high of $98.22 on Friday. However, it lost momentum after reaching this level and dropped to $94.23, ultimately falling 0.67%. Sellers retained control on Saturday as the price fell 1.46% and settled at $92.86, but not before dropping to an intraday low of $90.74. Despite the selling pressure, LTC recovered on Sunday, rising nearly 3% to end the weekend at $94.54. Buyers retained control on Monday as the price reached an intraday high of $98.03 before settling at $95.64. However, selling pressure has returned during the ongoing session, with LTC down nearly 3%, trading around $93.11.

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