Not XRP, SHIB but this alt can be your choice for diversifying portfolio

Litecoin LTC, which is often regarded as an underdog, displayed a commendable performance last week as compared to other market players.  Interestingly, Litecoin was featured in the ‘Top 5 Altcoin' list published by the Evening Standard, which definitely adds more value to the blockchain.

Timeline of Litecoin

Litecoin price analysis reveals that the LTC/USD price is currently in a bullish trend as it rallies to break out at the $59.25 level. However, the cryptocurrency is facing rejection at $59.31 as the bulls seem to be losing momentum.

Litecoin (LTC) has struggled against Tether (USDT) as bulls continue to push the price above the key support region, forming a bullish chart pattern. Bitcoin's (BTC) price has shown less steam compared to recent times; this has affected most crypto assets, including the price of Litecoin (LTC).

Recent Litecoin price analysis shows a bullish trend in the market as the price of Litecoin surged to $55.22. The coin is presently trading at this price after correcting from the intraday high of $56.57.

In this episode of NewsBTC's all-new daily technical analysis videos, we are looking at Litecoin, the LTCBTC and LTCETH trading pairs, and how the cryptocurrency could lead the crypto rally and outperform both Bitcoin and Ethereum. Take a look at the video below.

Litecoin price analysis shows the LTC prices are currently showing some bullish momentum building up again after a brief period of consolidation in the $52-55 region. The prices have found some support near the $52 level and are currently trading around the $55.72mark.

A morning star candle formation at the $52.2 support indicates the buyers are attempting price recovery. However, no significant jump in volume activity yet means a better confirmation is needed.

Litecoin price analysis shows that the coin has had a bullish start to the day after a brief spell of consolidation yesterday. The cryptocurrency is now trading at $56.65, which is just below the intraday high of $57.46.The LTC/USD pair is up by 0.

Litecoin [LTC] investors are still uncertain about their fate especially after starting their week on a low, courtesy of last week's bearish performance. This is despite a bit of recovery but LTC's short-term fate is still up in the air.

Litecoin price analysis for today indicates that the crypto is on a bullish trend as the market continues to surge upwards. The coin is trading at $56.51 after a massive run that saw it touch highs of $57.58.

Litecoin (LTC) has continued to range in a channel against Tether (USDT) as it attempts to break out of this trend. The price of Litecoin LTC has shown little to no major movement despite the change in trend across the market in recent weeks as many altcoins rallied and produced gains of double digits.