LTC/USD moves in sync with Bitcoin. Charlie Lee tells the story of the coin’s name. Litecoin is changing hands at $81.97. The coin is mostly unchanged since the start of the day and down 2.7% on a daily basis. Litecoin’s is the sixth largest coin with the market capitalization of $4.7B and with average trading volume at $244M. Litecoin price is moving in sync with Bitcoin and other digital assets as there are no Litecoin-specific factors that might have influenced the price of the coin. Meanwhile, Carlie Lee, the creator of the coin, explained, what’s in a name. “I wanted a name that represented a quicker and easier to use Bitcoin. Thought of Litecoin and Lightcoin. Didn’t like light as much because it could also mean light in light bulb. And lite is kind of like elite. Com/org/net domains were all available. The rest is history,” he wrote in his Twitter account. Litecoin technical picture Litecoin is trading below all intraday moving averages (1-hour chart), which darkens the technical picture. The price needs to break above $82.00 to get a chance for a more extended recovery with the first local aim at $82.67 (50-SMA, 1-hour chart). On the downside, a sustainable movement below $81 .00 will pave the way towards $80.00 and to $73.30 (the lowest level since June 29). LTC/USD, the hourly chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Extra gains in USD/JPY appears unlikely – UOB FX Street 4 years LTC/USD moves in sync with Bitcoin. Charlie Lee tells the story of the coin's name. Litecoin is changing hands at $81.97. The coin is mostly unchanged since the start of the day and down 2.7% on a daily basis. Litecoin's is the sixth largest coin with the market capitalization of $4.7B and with average trading volume at $244M. Litecoin price is moving in sync with Bitcoin and other digital assets as there are no Litecoin-specific factors that might have influenced the price of the coin. Meanwhile, Carlie Lee, the creator of the coin, explained, what's in a name. "I… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.