Litecoin Reflects Retracement; LTC will Record a Breakout Soon!

Litecoin is a faster, more efficient, and lower gas fees costing blockchain that empowers users with seamless peer-to-peer transactions.

The only reason LTC has failed to repeat the success of Bitcoin is its four times larger token volume.

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LTC has a market capitalization of $4.1 billion with a total supply of 84 million.

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Litecoin is still trading at a premium of 24x from the January 2017 level of $3.5.

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LTC coin has a strong resistance near 100 EMA as sellers seem to have found a sweet spot for profit booking.

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Litecoin has a faster transaction confirmation time than Bitcoin.

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Litecoin has a lower transaction fee than Bitcoin.

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Litecoin has a higher trading volume than Bitcoin.

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