## LITECOIN PRICE TURNS BULLISH AGAIN

This weekend seems to be a good time to buy, sell, and trade Litecoin. Under the average market circumstances, that is not necessarily the case. Litecoin is, like all other currencies, volatile, but it never goes through significant bull trends for more than a few hours on end. This time seems different, as the second major price spike in three days has been recorded.

Over the past 24 hours, there has been another 7% Litecoin price increase. This gain is notable across both the USD and BTC value, which further confirms the interest in this altcoin is genuine. Litecoin has also overtaken EOS in market cap, a development which relegates Bitcoin Cash to outside the top 5 again. Very peculiar movements all around, although not too many people can make sense of it.

Social media, while never any accurate source for cryptocurrency trading advice, shows some interesting LTC-themed debates right now. Litecoin Master claims -and this needs to be taken with a grain of salt – there is massive support for Litecoin at $50. A bit odd, considering this value is currently not reached. While one could argue that level will fall later today, there will be plenty of profit taking along the way. | Middle 10.0 CNT (≈$ 0.0)

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