Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing digital asset of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. A serious summer downtrend then saw LTC tumble to around $49 before a market-wide pump last month following Chinese President Xi Jinping's bullish comments on blockchain. Litecoin is currently trading at around $58 after a 2% drop in price over the last 24 hours. Price is now down 5% since last week. Will the altcoin continue consolidating above $55? Let's take a look at the LTC chart. Looking at the EMAs, we can see the 50-day EMA has crossed the 200-day EMA to the downsideThe post Latest Litecoin price and analysis (LTC to USD) appeared first on Coin Rivet.