Litecoin has made some sizable gains the last couple days as we look to be finished with the first corrective wave and starting on our next impulse wave 3. If this is wave 3, we will have to take out the previous highs set by wave 1 which are near the $250 range. If this is the start of wave 3 then we will see at least price move up to $331 range as this would be the minimum wave 3 could move up.
As for now on the current moves of LTC, look for the price to continue to climb for the next couple days as we are trading in a current uptrend. In order to break this trend we will need to see price break the lower support line which it hasn't yet. I am currently holding my position until I see a breakout in which I will sell my shares and wait for the correction to buy back in.
Total Marketcap:
$449,876,780,265 (Feb 26th)
$429,222,492,093 (Feb 25th)
$421,986,906,307 (Feb 24th)
$449,312,999,950 (Feb 23rd)
$426,407,373,050 (Feb 22nd)
Todays Marketcap of Cryptocurrencies
#1) Bitcoin $173,562,946,205(Price $10,277.50)
#5) Litecoin $12,551,616,283(Price $226.61)
#28) Steem $889,025,305(Price $3.55)
Yesterdays Marketcap of Cryptocurrencies
#1) Bitcoin $163,204,400,870(Price $9,664.90)
#5) Litecoin $12,089,920,802 (Price $218.32)
#26) Steem $868,004,574 (Price $3.46)