Those who counted on LTC’s rapid recovery after its fall in September will not be happy either since LTC/USD is still being traded at $51.
- LTC reached $55 and even $57, which are pretty high resistance levels. It is very likely that these levels will not be broken through, even in the case of a subsequent upward movement.
- LTC regained its deserved fifth ranking in terms of capitalization volumes, but the next wave of growth of Dash may well push the ‘digital silver’ down again in this rating.
- Movements in the $42 to $55 range are still very likely. Making cautious purchases is recommended when the price reaches $45.