Table of Contents:
- Coin prognosis
- What is LitecoinCash coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Possible bearishness on LitecoinCash Downside
Over the past few weeks, LitecoinCash's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying LCC at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.
What is LitecoinCash? Fundamental Analysis
Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. This enables a new use for previously obsolete Bitcoin mining hardware.It’s also the world’s first blockchain to utilize HiveMine. The Hive, agent-based mining system, requires no specialised hardware.It's centered around the concept of worker bees, which can be created by any LCC holder, who then becomes a beekeeper. Once mature, worker bees have a finite lifespan during which they live inside the blockchain and help to secure it by minting blocks. Beekeepers will earn rewards whenever one of their bees mints a block.
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jun 24, 2021 | $0.0258 | Neutral |
| July, 2021 | $ 0.0593 USD | Upside |
| August, 2021 | $ 0.0167 USD | Downside |
| September, 2021 | $ 0.0158 USD | Downside |
| December, 2021 | $ 0.0239 USD | Downside |
| June, 2022 | $ 0.0223 USD | Downside |
LCC Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will LitecoinCash rise today? | Our data indicates LitecoinCash will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of LitecoinCash (LCC) in future? | Our analysis shows LitecoinCash is already past it's immediate all time high, indicating a bearish signal! |
| Will LitecoinCash (LCC) price increase in future? | No. Our algorithms indicate that LitecoinCash (LCC) will experience a significant decline in future. As low as $0.0223/LCC |
| Will an Investment in LitecoinCash (LCC) be profitable or make a loss? | Probably Loss making. |
| What will be the lowest price of LitecoinCash (LCC) in future? | $0.0223 USD |
| Will the price of LitecoinCash (LCC) move downward in future? | Down only |
| At the end of the year, what will be the price of 1 LitecoinCash? | Our analysis shows an end of year prognosis of 1LCC = $0.0223 USD. |
| Where do I buy LitecoinCash? | We have curated some great options. Buy LCC coin here → |
Historical Price Data (USD)
Pay close attention to daily volume fluctuations. Poor volume like LCC has is a good indication of bearishness in the short term.
| Date | Price | Volume |
|---|---|---|
| June 9, 2021 | $0.01637 | $2,657 |
| June 8, 2021 | $0.01679 | $81 |
| June 7, 2021 | $0.01969 | $92 |
| June 6, 2021 | $0.0199 | $59 |
| June 5, 2021 | $0.01954 | $426 |
| June 4, 2021 | $0.02197 | $1,003 |
| June 3, 2021 | $0.02292 | $266 |
| June 2, 2021 | $0.01908 | $627 |
| June 1, 2021 | $0.01939 | $987 |
| May 31, 2021 | $0.01854 | $192 |
| May 30, 2021 | $0.02111 | $863 |
| May 29, 2021 | $0.01855 | $1,294 |
| May 28, 2021 | $0.01965 | $3,126 |
| May 27, 2021 | $0.02358 | $1,366 |
| May 26, 2021 | $0.02342 | $4,626 |
| May 25, 2021 | $0.02447 | $6,574 |
| May 24, 2021 | $0.01944 | $1,133 |
| May 23, 2021 | $0.02062 | $2,831 |
| May 22, 2021 | $0.02801 | $2,923 |
| May 21, 2021 | $0.03329 | $6,866 |
| May 20, 2021 | $0.025 | $9,148 |
| May 19, 2021 | $0.03517 | $4,020 |
| May 18, 2021 | $0.03963 | $4,734 |
| May 17, 2021 | $0.053 | $5,518 |
| May 16, 2021 | $0.05519 | $14,979 |
| May 15, 2021 | $0.05438 | $8,002 |
| May 14, 2021 | $0.03181 | $22,765 |
| May 13, 2021 | $0.0401 | $9,171 |
| May 12, 2021 | $0.07661 | $32,271 |
| May 11, 2021 | $0.06425 | $58,275 |
