Litecoin Price Index

Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding.

The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.

Data shows Litecoin is not “digital silver” but a slight correlation between LTC and silver can provide insight into the digital asset’s future returns.

Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days.

The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days.