On Wednesday, April 3, Litecoin (LTC) price surged above $85 USD for the first time in 2019. Price of the 4th-largest cryptocurrency by marketcap rose by more than 15% in just a few hours on early Wednesday morning, mimicking the Bitcoin’s price action observed on the previous day.
At the time of writing Litecoin is trading up 32.6% at its current price of $80.7 USD, up from yesterday’s price of $65 USD, according to Coinmarketcap data.
Although Litecoin was able to cross $80 price mark, its price was rejected at approximately $85, which could be a signal of temporary resistance.
On Tuesday, April 2, Litecoin Foundation, a team of developers behind Litecoin cryptocurrency, confirmed the date of the upcoming Litecoin Summit on October 28-29 2019 in Las Vegas:
Vegas, baby. Are you in?
— Litecoin Foundation (@LTCFoundation) April 2, 2019