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Litecoin leading the rally as LTC trades above $80

Litecoin, the fifth biggest cryptocurrency by market cap, has been one of the best performing altcoins of 2019, rising two-fold since the start of the year. Now, with Bitcoin approaching $6,000, Litecoin has crossed that all-important benchmark of $80.

Litecoin is leading the top 10s with gains of 8.98% over the last 24 hours, bringing the value of one LTC to $80.29. Litecoin has tried in the past to break through the $80 resistance level but has failed. According to Smartereum, now that it's broken through, the next resistance level is $82.50. However, if things turn around and LTC dips below $67, a drop to $62 and $60 may be likely in the coming days.