Cryptocurrency Litecoin Rises More Than 3% In 24 hours

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Over the past 24 hours, Litecoin’s LTC/USD price has risen 3.25% to $54.29. This is contrary to its negative trend over the past week where it has experienced a 10.0% loss, moving from $59.89 to its current price. As it stands right now, the coin’s all-time high is $410.26.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has fallen 40.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.29%. This brings the circulating supply to 70.81 million, which makes up an estimated 84.3% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #22 at $3.84 billion.

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Aishwarya Ramaning
About Aishwarya Ramaning 142 Articles
Aishwarya Ramaning, a woman who stands strong, when it comes to the woman's right. She is an autodidactic person, who chooses not to be a silent follower, but an egalitarian from the heart who has sustained the cold winds in rooting her career. Believes a pen could succeed, where a stick or a stomp might have failed. Having a soul of solicitude and a Humanitarian moralist is keenly looking forward to becoming an adept news writer and a legal practitioner.

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