Litecoin Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

LTC price prediction: Key highlights

1. Primary support and resistance levels

• $51 can be anticipated as the lowest floor for the price on the weekly chart.
• The high resistance, around$380, can likely make it challenging for the price to rise.

2. Market sentiment

• LTC’s market sentiment for August 2024 is observed to bebearish.

3. Predictive forecasts

• According to our AI/ML predictive algorithms, the average price for LTC is projected to exceed$1,600 in 2028 and$200,000 by 2035.

Take a glance at the given thorough weekly technical analysis ofLTC, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

LTC technical analysis: Is a recovery on the cards?

WhileBitcoin (BTC)—thedigital gold has continued to capture a significant market share, thedigital silverhas not been left behind. LTC has experienced quite some spikes and dips. Yet, the question remains of what its future trajectory will look like. TheLitecoin price prediction for 2024 aims to delve deeper into this.

The analyzed period began with the asset shedding substantial gains as a major red candle appeared on the charts. Despite analyst predictions of a significant bull market triggered by thehalvingevent, LTC’s price action unfolded contrary, with the price dropping to its lowest support level observed during the analysis period at$57 in mid-August.

The broader market rally in October saw bulls turn$70to support by the following month. Nonetheless,$79was a strong point of rejection, causing the price to dip below the former level numerous times in early 2024. The market dynamics shifted in late February, with a significant price pump, flipping$79and$85bullishly.

Although the subsequent test of the peak resistance at$105 faced pushback, late March saw the price retest this barrier, resulting in another rejection. This depreciation was amplified in April as the price fell below$85 again. Notably, the bulls managed to hold on to the$79 base, with the priceconsolidatingbetween these levels until mid-June.

AMBCrypto’sreport on the risingPuell Multiple did not favor the odds of the bulls reclaiming the upper limit of this range. The analysis suggested that LTC could trade under $80, and any potential rally would likely be short-lived.

Concurrently, abearishbreakdown returned theasset to$70by late June, exacerbated by large holder sell-offs. An elevatedNetwork Value to Transactions (NVT) ratio and $70 million in coins on theask side indicated a potential further decline. Consequently, LTC had hit its lowest support level by early July.

In mid-month, a notable bullrally pushed the coin over$70, positively affecting its social metrics and market cap. Furthermore,whaleactivity also remained high. AMBCryptohighlighted that Fidelity Digital added LTC to its digital product offerings in late July. This move sparked speculation about the potential for a future Litecoinexchange-traded fund (ETF).

However, the hype died down soon, as the level was lost to sellers by the end of the month. By August, LTC retested its yearly low. At press time, it exchanged hands at$58.

How high/low can LTC go in 2024?

If thedowntrendpersists, LTC's price could drop to$54 soon. Meanwhile, the next downside target could be$51. Notwithstanding, for the asset to sustain itsbull rally, it must rise above $79.

AMBCrypto also examined Litecoin’sprice movements to uncover that it historically follows a clear pattern during each cycle. The price tends to remain stable around the halving events until approximately four to five months after BTC’s halving, after which it usually experiences a significant increase.

Based on this pattern, LTC's price is expected to rise towards the end of Q3 2024. If LTC replicates BTC’s success, the coin can likely reclaim itsall-time high (ATH) in 2024. Yet, a level around$380might trigger a pushback.

Anotherarticle supported the coin's long-term growth prospects, noting that it is currently in its eight-year cycle. Historically, LTC has peaked every four years—2014, 2018, and 2022. If these patterns hold, it could reach its next peak in October 2025.

LTC’s four-year trajectory looks promising. According to forecasts from our analytical models, the token is anticipated to achieve an average price exceeding$1,600by 2028. Thisuptrendis projected to continue, with expectations for the price to surpass$200,000 by 2035.

LTC's 2024 roadmap: Key indicators to watch and trade

• LTC'strading volume remained low during the initialdowntrend. Meanwhile, it surged substantially during the Februarybull run. However, a notable reduction became evident from Q2 2024, signaling investor withdrawal.
• TheMoving Average Convergence Divergence (MACD) and thesignal line plunged below thezero line in mid-August and early September, respectively. This descent continued until October, after which the indicator reversed its course.
• By November, theMACDline regained its position over the signal line. The late February rally pushed the former into positive territory, with the latter moving across zero by mid-March.
• However, the MACD line began dropping in April, forming abearishcrossover in May. It turned negative in July, and the signal line caught up later. The indicator registered at-3.93at press time,with the signal line and histogram at -1.51 and-2.42,respectively. These values highlighted the strengthening selling bias.
• TheChaikin Money Flow(CMF) stayed predominantly positive, only dipping below thezero linebetween October and late November and briefly in mid-December. Its latest value of0.03highlighted a substantial drop in buying pressure over the past months.

Litecoin's Short Term Price Prediction

Litecoin price prediction 14 September 2024: Litecoin's price for 14 September 2024 according to our analysis should range between $59.45 to $68.39 and the average price of LTC should be around $63.92.

Litecoin price prediction 15 September 2024: Litecoin's price for 15 September 2024 according to our analysis should range between $59.67 to $68.65 and the average price of LTC should be around $64.16.

Litecoin price prediction 16 September 2024: Litecoin's price for 16 September 2024 according to our analysis should range between $59.89 to $68.90 and the average price of LTC should be around $64.40.

Litecoin price prediction 17 September 2024: Litecoin's price for 17 September 2024 according to our analysis should range between $60.12 to $69.17 and the average price of LTC should be around $64.65.

Litecoin price prediction 22 September 2024: Litecoin's price for 22 September 2024 according to our analysis should range between $61.19 to $70.41 and the average price of LTC should be around $65.80.

Litecoin price prediction 27 September 2024: Litecoin's price for 27 September 2024 according to our analysis should range between $62.41 to $71.80 and the average price of LTC should be around $67.10.

Litecoin price prediction 7 October 2024: Litecoin's price for 7 October 2024 according to our analysis should range between $64.51 to $74.23 and the average price of LTC should be around $69.37.

Litecoin price prediction November 2024: Litecoin's price for November 2024 according to our analysis should range between $65.78 to $75.69 and the average price of LTC should be around $70.73.

Litecoin price prediction December 2024: Litecoin's price for December 2024 according to our analysis should range between $66.44 to $76.44 and the average price of LTC should be around $71.44.

Litecoin's Long Term Price Prediction

Litecoin’s long term Price Prediction below is a look at LTC’s future prospect with regards to price. Litecoin was last seen at $65.54, with a market cap of $4,914,014,299 and trading volumes of $314,273,870. LTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Litecoin price prediction 2024: Litecoin's price for 2024 according to our analysis should range between $57.72 to $86.57 and the average price of LTC should be around $72.15.

Litecoin price prediction 2025: Litecoin's price for 2025 according to our analysis should range between $64.95 to $97.43 and the average price of LTC should be around $81.19.

Litecoin price prediction 2026: Litecoin's price for 2026 according to our analysis should range between $79.02 to $118.52 and the average price of LTC should be around $98.77.

Litecoin price prediction 2027: Litecoin's price for 2027 according to our analysis should range between $94.77 to $142.16 and the average price of LTC should be around $118.46.

Litecoin price prediction 2028: Litecoin's price for 2028 according to our analysis should range between $95.99 to $143.99 and the average price of LTC should be around $119.99.

Litecoin price prediction 2029: Litecoin's price for 2029 according to our analysis should range between $116.18 to $174.27 and the average price of LTC should be around $145.22.

Litecoin price prediction 2030: Litecoin's price for 2030 according to our analysis should range between $148.96 to $223.45 and the average price of LTC should be around $186.20.

Litecoin price prediction 2031: Litecoin's price for 2031 according to our analysis should range between $132.94 to $199.40 and the average price of LTC should be around $166.17.

Litecoin price prediction 2032: Litecoin's price for 2032 according to our analysis should range between $157.75 to $236.63 and the average price of LTC should be around $197.19.

Litecoin price prediction 2033: Litecoin's price for 2033 according to our analysis should range between $258.25 to $387.37 and the average price of LTC should be around $322.81.

Litecoin price prediction 2034: Litecoin's price for 2034 according to our analysis should range between $265.78 to $398.67 and the average price of LTC should be around $332.23.

Litecoin price prediction 2035: Litecoin's price for 2035 according to our analysis should range between $317.77 to $476.66 and the average price of LTC should be around $397.22.

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Litecoin’s current price is $65.54 and witnessed a 3.87% increase in the past 24 hours. LTC/BTC pair saw a 0.35% increase in the past 24 hours

Investing in Litecoin, LTC will purely depend on your personal risk appetite. As you can see over the past 24 hours Litecoin’s price has witnessed a 3.87% increase and over the past 30 days Litecoin has increase by 2.49%. So it all depends on if this investment will hit your trading goals.

According to our latest Litecoin Price prediction for 2024, LTC should vary between $86.57 and $57.72. Please keep in mind that the crypto market is very volatile and this Litecoin price prediction does not account for extreme wild swings in price.

As per the Litecoin price prediction 2024 model above, LTC’s price for September 2024 should range between $57.72 to $86.57 with the average price for September being $72.15

According to the Litecoin Price Prediction model above, LTC’s price in 2025 would be $81.19. This price would however would range from $97.43 and $64.95.

According to the Litecoin Price Prediction model above, LTC’s price in 2026 would be $98.77. This price would however would range from $118.52 and $79.02.

According to the Litecoin Price Prediction model above, LTC’s price in 2027 would be $118.46. This price would however would range from $142.16 and $94.77.

According to the Litecoin Price Prediction model above, LTC’s price in 2028 would be $119.99. This price would however would range from $143.99 and $95.99.

According to the Litecoin Price Prediction model above, LTC’s price in 2029 would be $145.22. This price would however would range from $174.27 and $116.18.

According to the Litecoin Price Prediction model above, LTC’s price in 2030 would be $186.20. This price would however would range from $223.45 and $148.96.

According to the Litecoin Price Prediction model above, LTC’s price in 2031 would be $166.17. This price would however would range from $199.40 and $132.94.

According to the Litecoin Price Prediction model above, LTC’s price in 2032 would be $197.19. This price would however would range from $236.63 and $157.75.

According to the Litecoin Price Prediction model above, LTC’s price in 2033 would be $322.81. This price would however would range from $387.37 and $258.25.

According to the Litecoin Price Prediction model above, LTC’s price in 2034 would be $332.23. This price would however would range from $398.67 and $265.78.

According to the Litecoin Price Prediction model above, LTC’s price in 2035 would be $397.22. This price would however would range from $476.66 and $317.77.

The highest price for Litecoin was recorded in 10 May 2021 during which LTC hit an All Time High of $410.26

The price of 1 Litecoin according to current market rate is $65.54