Bitcoin Cash {BCH} and Litecoin {LTC} price predictions; altcoins showdown averted for now

Fibo Quantum

Litecoin is ranked at #4 on coinmarketcap. The price of LTC rose by 2.63% in the course of the past 24-hours. The trading volume recorded is $2.207 billion. The token is priced at $94.19 according to the latest data available. The supply involves 62,838,968 LTC tokens in play as of this moment.

The total market cap of Litecoin is $5.918 billion.

Bitcoin Cash is priced at $316.89 after a jump rate of 4.22% was observed. The circulating supply presently has 17,914,025 BCH tokens. The trading volume recorded is $1.573 billion. The total market cap of Bitcoin Cash is $5.676 billion.

Near the end of June [on 22nd], the price of LTC had crossed beyond $145. This had caused many to speculate that LTC would reach $200 prior to halvening, which may lead to a further boost after the event takes place.

It seems that the coin didn’t go that way, as it dropped greatly in a month. For now, the price is below $100. After this, LTC may experience resistance beyond $110, near $145 [according to the 1-week chart].

Bitcoin Cash has also recovered slightly, after the price had been near the $280 level. After covering for a section of losses, price has reached upwards of $315. It seems that BCH has a long way to go if the network hopes to overtake “Silver”. Although, the halving may leave the price unaffected, which will cause few HODLers to panic and sell, driving the price down.