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Litecoin has promising future ahead of it

Litecoin(LTC) currently trades at $39.03 and has grown by 1% in the past 24 hours. The indicators seem to suggest that Litecoin’s price will likely take a fall to $36 in the coming days. If this happens, LTC may lose up to 7 percent of its value in the next few days.

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Based on this information, investorsQ rates this stock a 6 out of 10. We give it this rating because there is a possibility where LTC moves towards the $50 mark; if that happens, Litecoin will recover all of its losses, including the ones it incurred. The high forecast for Litecoin is $169.8 and the low is $59.9. Notably, the company’s market cap is $2.51 billion with a 52 week high of $145.8807 and a 52 week low of $24.7783.

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