Litecoin @ $49.00 Exceeds All Time High on News of Bitstamp Integration Monday, June 19th

in litecoin •  8 years ago 

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Litecoin has exceeded its previous all time high of $48.48 today by reaching $49.00 before quickly retreating. The big news is that Bitstamp will be integrating with Litecoin. This is a huge vote of confidence for Litecoin as Bitstamp is a major exchange, but only trades Bitcoin and Ripple. They will be adopting Litecoin before Ethereum (with plans for Ethereum soon).

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It is my prediction that Litecoin will struggle to breach it's all time high this cycle. There should be significant resistance @ the ~$48.48 mark. However, the LTC/BTC charts tell a completely different story. See for yourself:
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