LTC/USD closed at 271.175 after putting a excessive of 271.175 and a low of 255.382. Litecoin ended its month with huge positive factors on Friday and continued its bullish streak for seven consecutive months. It reached an all-time excessive of above $300 stage in April however ended the month close to the $270 stage. The current surge within the cryptocurrency market pushed by the elevated reputation of digital property helped LTC publish positive factors in April and attain above the $300 stage.
Nonetheless, the cryptocurrency couldn’t keep there for lengthy because the sentiment across the crypto market modified on account of elevated strain over the king of cryptos, Bitcoin. Prior to now few weeks, BITCOIN confronted excessive strain amid a mixture of things and reversed the market course to bearish. LTC/USD additionally adopted that and the costs reached $270 stage. Then again, on Friday, the cryptocurrency was excessive on board and posting positive factors on the again of constructive information out there. The Komodo (KMD) platform introduced a plan to begin utilizing the Litecoin blockchain for cross-chain notarizations.
LTC/USD Every day Technical Ranges
Assist Resistance
270.942 279.670
265.123 282.579
262.214 288.398
Pivot Level: 273.851