Current Spot Litecoin Price Isn’t Indicative of Its True Value: Litecoin (LTC) Technical Analysis (June 7, 2018)

Generally, Litecoin is a long term buy and after several fundamental announcements, odds are prices are likely to take off according to our Litecoin price projection. Though price action points a different picture with prices declining three percent in the last 24 hours, today and tomorrow would be important.

Recent Litecoin Foundation and Charlie Lee’s drive for merchant and retail adoption is surely paying off. At the moment, given how things are turning out, we can confidently say that their #PayWithLitecoin Social media campaign has been a success. We have seen several high ranking merchants and payment providers increasing their payment options by listing Litecoin. This is wonderful from a holders’ perspective and why not? Many analysts have come towards the support of this medium of exchange coin saying that it’s even poised for further gains.

It’s been truly amazing to see all the hard work that has gone into the #PayWithLitecoin movement!! The @LTCFoundation & all the volunteers have absolutely nailed it with this website. Proud to have been along for the journey.