Having spent a better part of the last month defending the key trend line support, litecoin clocked a three-week high of $63.71 yesterday.
The price of litecoin appears to be benefiting from crypto market conditions, but low volumes suggest any larger lift-off might not be in play.
September was a tough month for litecoin's price, but recent developments suggest that a floor may be forming in the market.
Litecoin is again trading below $50, just three weeks after setting a new all-time high above $100.
After setting a new all-time high on strong technology improvements, the outlook looks positive for litecoin, the fifth-largest cryptocurrency.
Gains have been made across many of the top cryptocurrencies today, with litecoin achieving a new all-time high.
Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of sideways trading.
Bitcoin's much-anticipated Lightning Network is now compatible with seven payment networks, thanks to new code from Ripple and Bitfury.
How will SegWit impact the bitcoin network? Data from the already upgraded litecoin blockchain can provide an answer.
Litecoin continues to hover near all-time highs – a move that suggests it could be developing staying power in a diversified crypto market.