Litecoin (LTC) continuing to spike higher up a chunky 17% - highest since July 2018

  • Litecoin on Wednesday has jumped another 17% to the highest levels seen since July 2018.
  • LTC/USD bulls will be gunning for that big psychological $100 price mark.


The Litecoin price in the latter part of trading on Wednesday is holding some big gains of 17%, as the bulls aggressively extend to the upside. LTC/USD has rallied to its highest level seen since July 2018, as the bulls’ gun for $100.

LTC/USD on Tuesday started a huge bull run, having gained a whopping 28% in the session, now the buyers are further piling in. The range-breakout was observed after narrowing greatly throughout the month of March.

There is a near-term supply area which runs from $90 up to the $95 territory, this is very much the last major barrier ahead of a $100 price return. LTC/USD has not traded up at these heights of $100 since June 2018.

LTC/USD daily chart


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.