Spil all cryptocurrency markets demonstrate a sign of life again, things are looking pretty good all across the houtvezelplaat. So far, the Lisk price has seen some positive switches overheen the past week. Even however there wasgoed a big dip along the way, the overall trend seems to be intact right now. With the current Lisk price of $23.83, things are looking rather interesting for this particular altcoin. Maintaining a positive trend will prove to be difficult ter the long run, however
Lisk Price Makes a Solid Comeback
It is fairly interesting to see how things evolve te the world of cryptocurrencies. More specifically, wij have seen several weeks of negative pressure, but things are certainly heading te the right direction merienda again. Even the Lisk price is noting some solid gains, spil this particular altcoin has bot on the rise for quiebro some time now. With a solid 16.83% build up overheen the past 24 hours, the Lisk price is making up a lotsbestemming of lost ground te quick succession. All of this is achieved despite a rather low trading volume, however.
While the current Lisk price momentum shows up to be positive, the past week has bot subject to a massive dip spil well. A few days ago, the LSK price went from $23.Five all the way to $12 ter quick succession. Considering how Bitcoin and other currencies eyed losses of up to 45% during this time, that is no big verrassing whatsoever. Te fact, the Lisk price lost almost 50% of its value spil well, indicating the currency is just following the militar trend of major cryptocurrencies right now.
With a solid 16.83% build up ter USD value and a 13.56% increase te the LSK/BTC ratio overheen the past 24 hours, things are looking pretty good for Lisk right now. While this results te solid Lisk price gains spil of right now, it is certainly possible the momentum will turn against most cryptocurrencies again ter the near future. With such strong gains ter just 24 hours, it seems a petite correction will become apparent ter the coming weeks hours and days.
One thing to keep te mind is how Lisk has virtually no trading volume to speak of. Albeit $78.21m te 24-hour trading volume is not all that bad, it is a rather disappointing number very first and foremost. Especially given the current Lisk price, one would expect there to be an even fatter rente te LSK, things are not adding up by the look of things. It is possible wij will see a thicker rente te Lisk overheen the next few days, especially if this Lisk price trend proceeds at this rate.
Most of the Lisk trading volume comes from Upbit, which is quickly becoming the go-to exchange for most altcoins right now. Bittrex is ter 2nd place, with a insignificante difference compared to both Upbit and CoinEgg ter third place. It is good to see the current volume being spread out a bit across numerous trading platforms. Binance is hardly te the top five right now and they value Lisk almost three dollars lower. An interesting trend well worth keeping an eye on.
For the time being, it remains unclear what the future will hold for the Lisk price. So far, the uptrend is ter place, but the cryptocurrency markets remain enormously volatile very first and foremost. It is overduidelijk interesting things are corded to toebijten ter the next few hours and days, but no one knows for sure if it will be a positive or negative outcome. Always take profits whenever the chance arises, spil any gains can be wiped out utterly quickly ter this industry.