Posted on: July 29, 2020 Posted by: admin Comments: 0

During the past few days, the crypto market has seen strong bullish momentum. Bitcoin saw its price go past strong resistances and currently has a trading price of $11,064 and a 24-hour trading volume of $9 billion.

Source: CoinStats

For the market’s altcoins, the past 24-hours have been fairly bullish with coins like Litecoin surging by over 20 percent.

Litecoin [LTC]

Source: LTC/USD, TradingView

Litecoin registered an impressive price hike in little over a day’s time. After having its price surge by over 20 percent, Litecoin currently has a trading price of $55.9 and a market cap of $3.6 billion. If the uptrend were to continue, LTC’s price is soon going to start testing the resistance at $57.5. However, if the bears were to take over the price can rely on supports at $47 and $44.