The present price of Litecoin is $119.43. A bump of 0.11% was noted, which is expected to go up. LTC may soon scale beyond $122 and $125. The circulating supply has 62,536,416 LTC tokens in play. The trading volume is $4.153 billion in the course of the past 24-hours.
As examined in an article published yesterday, Litecoin is up by more than 300% of the price LTC was at in January. Binance is also a massive gainer, along with Cardano, Bitcoin SV, and others. However, Ripple[XRP] is struggling to keep up with the bullish momentum as it has been a year since a reasonable bullish run influenced the prized ledger.
The Flexa integration was met with great praise across those in the cryptosphere. This led to many thousands (at least 39,000 merchants will now begin using Litecoin) being involved with more options at their disposal.
A doji candle noted in the chart made it look like the bearish pressure would stay. However, buyers came to the aid of Litecoin, as the price finally started trading in the green zone. The total market cap for Litecoin holds at $7.468 billion. Binance has so far gone the farthest beyond Bitcoin dominance, and Litecoin is part of this fray too.
Lex Exchange is based out of Australia. Here are somethings a Reddit post lists:
“Benefits for Litecoin traders:
A simple ITC for straightforward trades, and an advanced trading screen with all the graphics and analytical tools for complex trades.
90% more coin variety than other Australian platforms, and one of the only to offer immediate withdrawal. 17 currencies to exchange with Litecoin.
Now it takes less time for you to verify your profile.
Get a 20% bonus from any transaction that your referee made.”
On the other hand, if the price falls then there is a definite risk of LTC sinking below $110 and even $100. That would not be a good sign for those waiting for the halving to occur.