In the past few hours Litecoin has started to move upwards again. From $102 a few hours ago LTC surged to an intraday high of $113 marking a jump of almost 11 percent. Daily volume has climbed over $5 billion pushing market cap up to $7 billion.
Litecoin has recovered almost all of its losses over the past week whereas big brother Bitcoin is down almost 7 percent over the same period. Crypto trader going by the handle ‘CryptoFibonacci’ has been eyeing the LTC charts for some time predicting that it will continue to rise;