Possibility of there being a mini-rally over the next two days means that Litecoin (LTC) holders have reason to remain upbeat. A look at the charts shows that the drop in coin value is evenly spread across the networks. And in layman’s interpretation, the recent patterns help buoy the belief that Sunday and Monday could see the prices move up. The same can be said of Litecoin.
However, the cryptocurrency has fared no better than the other coins in the top ten as ranked by Coinmarketcap.com. The coin continued to reverse the gains it posted midweek, slipping into the red on the hour-to-hour chart, before finding support to climb 3.38% against the USD. Its 24h change showed a 3.77% improvement that helps its 7-day change remain in the green. The bears had threatened a pullback, as the earlier gains appeared to be rapidly fading. The overall 3.70% 7-day change is not as appealing as Thursday’s 7.9% gain, but it signals a change of sentiment is on hand.
It hasn’t been all good news though. The entire top 10 was at one point in the red, the market outlook threatening to turn nasty. Yet again, Litecoin (LTC) bulls put on a rally to keep the price from dropping further.
