Litecoin price analysis: Will it reach $100?

Litecoin price analysis: Will it reach $100?

Litecoin’s price could be rising in advance of its halving in August 2023 – Photo: Shutterstock

Litecoin (LTC) made sharp gains in November while most other major cryptocurrencies have been reeling under pressure caused by the FTX crisis. From a low of $47.60 on 9 November 2022, litecoin jumped to a high of $83.66 on 23 November 2022, a 75% gain within a short time. After the sharp rally, litecoin is witnessing profit-booking and has dropped near $74 as of 25 November 2022.

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