The price of most cryptocurrencies currently shows a rising trend. Bitcoin has played an important role in the market of cryptocurrency. As of today, bitcoin dominates with 46.7%. The good news is that the overall market value of cryptocurrencies is currently $30 billion. There is no doubt that bitcoin is now digital, but can it be said that litecoin LTC is a good investment at the present? In this article, we will make a detailed analysis of litecoin.

The Charlie Lee, the founder of litecoin, talked about the trading speed of litecoin and bitcoin. According to him, litecoin trades faster and costs less than bitcoin. On the issue of the future of litecoin, Lee said that the future is based on large-scale adoption.

On the basis of the litecoin's market chart, there was significant resistance in the first week to the second week of July, and the good news is that the litecoin has broken through the resistance level, and the price at the present is about $86 - there are signs that litecoin price will exceed the current price. In addition, if we have a close look at the 4-hour trade on the litecoin chart today, LTC is almost in the overbought area, but now it has fallen back to a stable position.

Litecoin is doing very well at the moment and is currently in a reasonable position. It is of importance to realize that if litecoin falls, it will only drop to the  level of $80 - LTC will not be likely to fall soon. The next goal of LTC is to break through the $90 area, which could be achieved. The window of opportunity is gradually closing, and now is the appropriate time to invest in cryptocurrencies such as litecoin. The bullish term of litecoin is very fast and it is likely to reach the highest price of $100 in the next few weeks.