Litecoin Price Prediction and Forecast: Can Litecoin maintain support of $164?

Litecoin Price Prediction and Forecast: For the next 24 hours Price of Litecoin is predicted to be in range of $ 168 and $ 179.

Litecoin Price Prediction Daily: Current Prices

The current price of Litecoin is $ 174.04 which is 4.97% lower than 24 hours ago.

Check the Latest Price of Litecoin Here

Litecoin Price Prediction Daily: Future Prediction

In July 2021, the price of Litecoin hit an extreme low as it was trading around $105. Two months since then, Litecoin hit its highest, since May, and was recently trading close to $230. At this point, it is clear that the rise of Bitcoin is helping the rise of Litecoin too. Alternatively in last few months, the Litecoin network’s fundamentals have also improved which means that there has been a rise in a number of transaction per second, rise in a number of addresses and active addresses.

It must be noted that Litecoin (LTC) is one of the very first projects to copy and modify Bitcoin’s code and use it to launch a new cryptocurrency. Now with countries like El Salvador, Cuba stepping in to accept the cryptocurrency, the crypto market has witnessed a rapid rise. Moreover, the annoucement of Facebook to include the crypto in its payment wallet has heavily boosted the cypto market. Litecoin is one of the latest to add NFT capabilities to its platform.

However, in last 24 hours Litecoin saw a crash of over 15% with its price falling to below $163. But the buyers came in and aided the rise of Litecoin once again signalling strong support for the coin. Currently Litecoin is trading above $180. Therefore, the chances of Litecoin rising once increased.

Litecoin Price Prediction and Forecast: What is Litecoin?

Litecoin (LTC) is just another drop in the wide ocean of Cryptocurrencies. Why are we talking about LTC? because it is coming up as one of the major Cryptos in today’s market. Litecoin is an open-source software that was introduced un the license of MIT/X11. Litecoin can be termed as a peer-to-peer cryptocurrency. Litecoin was introduced in October 2011 as an altcoin, however, in technical terms, LTC is almost similar to Bitcoin.

Charlie Lee is the founder of Litecoin. Lee, back in 2010, wanted to hand the investors an upgraded version of Bitcoin. Something the investors can find handy to rely on or an affordable version of Bitcoin. The term Litecoin (light+coin) is inspired by the name Bitcoin. Litecoin is said to be an ameliorated version of Bitcoin. The added features in Litecoin have certainly made it more reliable than Bitcoin.

After 10 years of its formation, Litecoin, now, ranks amongst the top 10 cryptocurrencies in the world. As per reports, Litecoin has found its place in the center of all crypto transactions. LTC has inspired a better mode of payment since the time of its inception. The most noticeable features of Litecoin have come up as a huge advantage for investors. The features include proficiency in terms of speed and reduction in transaction fees.

Litecoin Price Prediction Daily: Technicals

Litecoin Price Prediction and Forecast: Price Prediction

According to the latest long-term forecast, Litecoin’s price is expected to reach $250 by the end of year 2021. LTC price is predicted to reach $300 by the middle of 2023. Litecoin is expected to reach $500 within the year of 2025 and $1,000 in 2031.

Year

Mid-Year

Year-End

Tod/End,%

2021

$144

$252

+17%

2022

$267

$255

+18%

2023

$312

$368

+70%

2024

$423

$445

+106%

2025

$495

$545

+152%

2026

$594

$643

+198%

2027

$669

$715

+231%

2028

$761

$807

+274%

2029

$852

$897

+315%

2030

$942

$987

+357%

2031

$1,031

$1,075

+398%

2032

$985

$1,024

+374%

2033

$1,062

$1,100

+409%

WhatsApp Image 2021 09 07 at 3.43.18 PM

Litecoin Price Prediction and Forecast: Price Prediction 2021-2022

Litecoin price was listed at $124.09 at the start of 2021. As of now, Litecoin is being traded at $215.95. LTC has witnessed a rise of 74% from the beginning of 2021 till now. As per the forecast, Litecoin will be priced at $252 at the end of 2021, which will see a growth of +103% in one year. A total rise of 17% is being predicted from this date to the end of the year. Moving into 2022, Litecoin is expected to reach $267 by the first half. However, a drop of $12 is expected in the start of the second half and the market is expected to be around $255 by the end of 2022.

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Litecoin Price Prediction and Forecast: For the coming days

  1. Wednesday, Sep 8 – $216
  2. Thursday, Sep 9 – $217
  3. Friday, Sep 10 – $217
  4. Saturday, Sep 11 – $217
  5. Sunday, Sep 12 – $218
  6. Monday, Sep 13 – $218
  7. Tuesday, Sep 14 – $218
  8. Wednesday, Sep 15 – $218
  9. November 15 – $238
  10. December 15 – $247
  11. January 15 – $253

Litecoin Price Prediction and Forecast: Daily Updates

(Excerpt) Read more Here | 2021-09-13 02:27:00
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