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Litecoin Rises, but Upside Seen Limited as ‘Digital Silver’ Struggles for Direction

Posted on September 22nd, 2017.

Litecoin has emerged from the China ICO meltdown at around half of where it was when the month started. Prices appear to have stabilized around the $50 range, although long-term price behavior is likely to be defined by a narrow trade corridor. LTC/USD Drifts Lower in Asia Litecoin fell against the dollar on Friday, as the market...

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Analysis

Litecoin Pops as Investors Grow Weary of Bitcoin Cash

Posted on August 24th, 2017.

Litecoin (LTC) spiked above $50.00 on Thursday, as demand for Bitcoin Cash (BCH) cooled amid growing concerns that it is heading for another crash. According to Bitcoin analyst Tuur Demeester, the next BCH selloff will likely push Litecoin prices sharply higher. The Bitcoin Hedge? Demeester refers to Litecoin as the “real Bitcoin...

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Senior Market Analyst at Etoro.com.
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