Litecoin Rising 33% gain in price

The price of litecoin has been been exhibiting some strange behavior over the last 48 hours with a huge increase in trading volume and having seen also a huge price increase over this time period.

The price of Litecoin is 41.47$ currently and the trading volume is very near what the btc market is which can be considered a very clear sign of worried investors looking to hedge against bitcoin with the upcoming hard fork planned for august the first courtesy of Bitmain.

Here are some charts for LTC/USD and LTC/BTC

90 day chart

30 day chart

7 day chart

24 hours chart

image source

Hope you are holding litecoin and enjoying this price rally ! Wishing you all a happy Sunday

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