Thanks to today’s influx of money into the cryptocurrency market, which is being led by a major Bitcoin movement, the 4th-largest cryptocurrency by market cap, is showing price levels it hasn’t seen in a very long time.
The price of Litecoin has surged above $82 for the very first time in 2019. The 4th-largest cryptocurrency by marketcap rose by more than 32% since early Wednesday morning, following the observed Bitcoin’s price action.
Litecoin is currently trading up 32.59% at its current price of $82.12, up from yesterday’s price of $65 USD, according to Coinmarketcap data.
Even though Litecoin was able to cross the $80 price mark, its upward movement was rejected just below $85, which could be a signal of temporary resistance.
Litecoin traders were visibly excited by today’s price movements.
Damn 40% return in the last 36 hours! Life is good pic.twitter.com/8PBFXkbbqY
— Ben Askren (@Benaskren) April 3, 2019
Wanna see how well #Litecoin is holding up against the entire market? Top 100 only 2 coins have outperformed it (24hrs) we know where the smart money is going. #LTC pic.twitter.com/TIDyiGUvDy
— Rob D Has His Boots on the Ground (@BoilingPointLTC) April 3, 2019
Read more: Analysts believe ‘Crypto Winter’ has ended, while BTC breaks $5,000
Yesterday, the Litecoin Foundation confirmed the date of the upcoming Litecoin Summit on October 28-29 2019 in Las Vegas.
Vegas, baby. Are you in?
More info coming soon… #LTCLV19 🐔🚀⚡️ pic.twitter.com/Acv0R3fBHK
— Litecoin Foundation (@LTCFoundation) April 2, 2019
Together with Litecoin’s massive upward price movement, this announcement has the Litecoin troops all excited.
This is what’s it’s all about!! The litecoin summit 2nd annual!! Be there support our community!! #LitecoinFam #Litecoin #LTC #PayWithLitecoin #IgniteTheFireLTC pic.twitter.com/3RBZ07VMol
— The_Lord_Zog (@ZogLord) April 2, 2019
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