Litecoin Price Forecast and Analysis – September 19, 2017

Published here: https://www.profitconfidential.com/cryptocurrency/litecoin/litecoin-price-forecast-analysis-september-19-2017/

While most of the cryptocurrency market hit the snooze button on Monday, Litecoin traders were up and about. More than $408.0 million worth of LTC coins changed hands as the Litecoin to USD exchange rate jumped roughly 4.11%.

Litecoin also gained around 2.9% against Bitcoin, possibly balancing for the different speeds in their recoveries. Nevertheless, it’ll be a long time before the two currencies are disentangled.

To this day, investors perceive Litecoin as “the silver to Bitcoin’s gold.”

There were moments when the market started to value LTC based on Litecoin news alone (which led to all-time highs), but then China rained on everyone’s parade by shutting down.

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