{"id":371622,"date":"2019-02-15T19:21:02","date_gmt":"2019-02-15T19:21:02","guid":{"rendered":"https:\/\/wncen.com\/?p=371622"},"modified":"2024-06-11T18:00:59","modified_gmt":"2024-06-11T18:00:59","slug":"litecoin-ltc-up-26-3-in-the-last-week-whats-bogging-down-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin-ltc-up-26-3-in-the-last-week-whats-bogging-down-price\/","title":{"rendered":"Litecoin (LTC) Up 26.3% In the Last Week, What\u2019s Bogging Down Price?"},"content":{"rendered":"
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Litecoin prices up 26.3 percent<\/em><\/li>\n
Adoption levels on the rise<\/em><\/li>\n
Transaction volumes low but up from Dec 2018<\/em><\/li>\n<\/ul>\n
Despite short-term sell pressure, Litecoin (LTC) is on the rise and adoption levels picking up. We can only conclude this as bullish and a pre-requisite for higher highs above $50.<\/em><\/p>\n
Litecoin Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
The price of a digital asset, a product of supply-demand dynamics, is one of the many metrics of gauging performance. Fashioned as silver to Bitcoin gold, Litecoin is perhaps one of the few coins to gain widespread adoption. Leading the park is Bitcoin and similar to Bitcoin, LTC is one of the most supported assets, available in leading cryptocurrency exchanges across the world.<\/p>\n