Key Takeaways:
- Litecoin’s price faces a bearish pressure of around $120.
- Our Litecoin price prediction for 2024 expects the maximum price of LTC to be $156.
- In 2030, we expect Litecoin to attain a maximum of $1,228.
Following Bitcoin’s surge toward $100K, Litecoin is facing increasing buying activity. This surge in activity raises several questions for investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) hold above $200 in 2024? These are common questions that make predicting Litecoin’s price a bit tricky.
To assist you with these questions, we have prepared a detailed analysis and forecast of Litecoin price prediction 2024-2030. This article includes the latest updates, news, and technical analysis to aid in your investment decisions.
Let’s dive into the most recent predictions for Litecoin’s price for 2024, 2025, and beyond!
Overview
| Cryptocurrency | Litecoin |
| Ticker Symbol | LTC |
| Rank | 20 |
| Price | $122 |
| Price Change 24-H | -0.7% |
| Market Cap | $5,865,715,463 |
| Circulating Supply | 74,485,583 |
| Trading Volume | $367,159,933 |
| All-Time High | $413 |
| All-Time Low | $1.11 |
Litecoin price Prediction: Technical analysis
| Metric | Value |
| Current Price | $122 |
| Price Prediction | $187.20 (43.82%) |
| Fear & Greed Index | 78 (Extreme Greed) |
| Sentiment | Bullish |
| Volatility | 17.32% |
| Green Days | 18/30 (60%) |
| 50-Day SMA | $80.74 |
| 200-Day SMA | $75.30 |
| 14-Day RSI | 79.09 |
Litecoin price analysis: LTC price faces selling pressure below $125
TL;DR Breakdown:
- LTC’s price faces bearish pressure below $125.
- Resistance for LTC is present at $139.
- Support for LTC/USD is present at $120.
The LTC price analysis for 9 December confirms that LTC faces bearish pressure toward $120. However, the LTC price aims for an immediate surge in the coming hours.
LTC price analysis 1-day chart: LTC/USD attempts to meet buyers’ demand
Analyzing the daily price chart, Litecoin is experiencing selling sentiment as it aims for a bearish move below $120. After surging above $140, bulls failed to hold that momentum, resulting in a decline. The 24-hour volume surged to $125 million, showing an increased interest in trading activity. LTC price is currently trading at $122, decreasing by over 0.7% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and trades above the midline level of 61, hinting that buyers are gaining control of the price chart.
LTC/USD 4-hour price chart: Bears aim for a hold below EMA trend lines
The 4-hour Litecoin price chart suggests that bears are increasing their domination to keep the altcoin below the EMA trend lines. Currently, bears are defending a surge in the price chart and preparing for a hold below the EMA20 trend line.
The BoP indicator trades in a bearish region at 0.43, signifying that sellers are triggering a minor downward correction.
Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening the chances of a bearish push.
Litecoin technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $107.55 | BUY |
| SMA 5 | $104.28 | BUY |
| SMA 10 | $99.60 | BUY |
| SMA 21 | $94.63 | BUY |
| SMA 50 | $80.74 | BUY |
| SMA 100 | $73.03 | BUY |
| SMA 200 | $75.30 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $92.58 | BUY |
| EMA 5 | $86.05 | BUY |
| EMA 10 | $78.68 | BUY |
| EMA 21 | $73.08 | BUY |
| EMA 50 | $69.22 | BUY |
| EMA 100 | $69.04 | BUY |
| EMA 200 | $71.33 | BUY |
What to expect from LTC price analysis next?
The hourly price chart confirms that bulls induce buying pressure to hold the price; however, sellers may soon return. If the LTC holds momentum above $139.73, it may climb toward $153.2.
If bulls fail to initiate a surge, the LTC price may drop below the immediate support line at $120.03, which may result in a correction to $109.82.
Is Litecoin a good investment?
Litecoin is an alternative to Bitcoin, making it an appealing choice for everyday transactions worldwide. Additionally, with a finite cap of 84 million coins, LTC presents itself as a potential investment for value preservation, akin to Bitcoin’s role as a digital asset.
Why is the LTC up today?
As Bitcoin price is aiming to surpass the $100K mark, there’s an increasing buying demand in the altcoin market. As a result, Litecoin’s price is attempting to hold above $140.
Will Litecoin reach $100?
Litecoin price already touched the $100 mark this year; however, it is now well below that price point. By the end of 2024, Litecoin might surge above $150.
Will LTC price reach $500?
According to our Litecoin price prediction, LTC price might hit the $500 mark in 2028. However, this rally depends on the future buying interest in the altcoin market.
Does LTC have a good long-term future?
Despite the recent adjustments and potential peak formation, Litecoin exhibits a robust long-term price trajectory and outlook, indicating a very high potential for future growth. If the network continues to witness robust activities and growth, the price might even reach $1000 in no time.
Recent news/opinion on Litecoin
- Almost 80% of Litecoin (LTC) investors are currently making a profit, reaching the highest level since 2021, resulting in an impressive rally.
Litecoin price prediction December 2024
Litecoin’s price shows signs of a bullish move as it has been surging heavily for the past few days. As BTC’s price aims for a move above the $100K mark, Litecoin’s price intends to end this month on a bullish note.
As a result, we might see the LTC price record a low of $115 with a maximum price of $156 and an average price of $138.
| Litecoin Price Prediction | Potential Low | Potential Average | Potential High |
| Litecoin Price Prediction December 2024 | $115 | $138 | $156 |
Litecoin price prediction 2024
Investors are looking for top cryptocurrencies to buy now in the dip, with the market slump hinting at big opportunities. A critical point for Litecoin is its 2023 halving event, which reduced the mining reward. Initially, miners received 50 LTC per block, but the halving lowered this to 6.25 LTC.
This reduction means fewer Litecoins are available, potentially driving up the price if demand remains steady or increases by the end of 2024. However, past halvings haven’t always led to significant price hikes, with prices even falling after the 2019 event.
With a projected network and increasing adoption, in 2024, Litecoin’s price is expected to hit a minimum of $54. The maximum price could reach up to $115., with an average trading price around $80.
| Litecoin Price Prediction | Potential Low | Potential Average | Potential High |
| Litecoin Price Prediction 2024 | $115 | $138 | $156 |
Litecoin Price Predictions 2025-2030
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 186.72 | 195.03 | 201.25 |
| 2026 | 226.67 | 233.15 | 268.45 |
| 2027 | 323.83 | 335.49 | 390.17 |
| 2028 | 461.29 | 478.06 | 562.1 |
| 2029 | 695.94 | 715.07 | 811.35 |
| 2030 | 1,003 | 1,039 | 1,228 |
Litecoin price prediction 2025
A report from Messari shows significant growth in Litecoin’s network. The coin has been around an all-time high in transactions and active addresses. These figures indicate a strong and bustling network, suggesting good growth potential for Litecoin in 2025.
Hence, the forecasted lowest price for Litecoin is $186.72. According to our analysis, the highest possible price for LTC could be $201.25, with an average expected price of $195.03.
Litecoin price prediction 2026
Litecoin’s growing popularity is evident in its expanding social media presence, particularly on Reddit, with active users reaching 2021 levels before its all-time high.
Experts predict a significant rally by 2026, with prices ranging between $226.67 and $268.45 and an average of $233.15. Advancements from the Litecoin Foundation are expected to drive a strong rebound, boosting its market cap and valuation.
Litecoin (LTC) price prediction 2027
In 2027, the price of Litecoin is expected to reach a minimum value of $323.83. The maximum price could be as high as $390.17, with the average trading price throughout the year around $335.49.
Litecoin price prediction 2028
In 2028, the lowest forecasted price of Litecoin is $461.29. Based on our analysis, the maximum price could rise to $562.10, with an average price of $478.06 for the year.
Litecoin price prediction 2029
Our detailed analysis of past Litecoin price data indicates that in 2029, the minimum price of Litecoin could be approximately $695.94. The price could peak at $811.35, with an average trading value around $715.07.
Litecoin (LTC) price prediction 2030
For 2030, the minimum predicted price of Litecoin is $1,003. The price could reach a maximum of $1,228, with the average trading price expected to be about $1,039 throughout the year.
Litecoin price prediction: Analysts’ LTC price forecast
| Firm Name | 2024 | 2025 |
| Gov.Capital | $159 | $211 |
| DigitalCoinPrice | $173 | $202 |
| Changelly | $118 | $131 |
Cryptopolitan Litecoin price prediction
According to the Litecoin price prediction by Cryptopolitan, it is anticipated that various leading institutions will invest in and start accepting LTC as a form of payment. Additionally, the growing frequency of events likely to influence LTC’s price could enhance its public perception.
By the end of 2024, Litecoin’s price is expected to hit a minimum of $64. The maximum price could reach up to $115., with an average trading price around $80. We expect the LTC coin price to reach a high of $250 in 2027.
Litecoin historic price sentiment
- In its early years, Litecoin traded between $1 and $5 before surging to over $300 during the crypto bubble of late 2017 to early 2018.
- In 2021, Litecoin hit an all-time high of $412.96 early in the year but dropped significantly, closing at $144.56 by the end of the year.
- In 2022, Litecoin experienced significant losses, dropping below $45 mid-year. However, it managed to outperform the broader market despite a nearly 55% decline overall.
- 2023 saw high volatility for Litecoin, peaking at $114.50 in July but declining sharply due to market pressures, ending the year at $72.80 with a modest 7% rise despite underperforming the broader market.
- In 2024, Litecoin started the year around $68.20, climbed to $102.40 in April, and then fell below $80. After further declines in May and June, it dropped to $49 in August before rebounding to $70. By November, Litecoin surged past $100 and attempted to hold above $140 in December.
