Litecoin Price Prediction 2024 – 2030: Will LTC Price Cross $100?
Highlights of history
The price of LTC may reach a high of $187.27 by the end of 2024. Litecoin price may reach a high of $497.748 by the end of 2030 with a possible further increase. Litecoin price today is $65.77859412.
As Bitcoin prices struggle to recover after a major global market crash, Bitcoin hard forks are seeing high volatility. Amidst such conditions, Litecoin's chance of post-trial reversal returns as Bitcoin inches back to $62K.
The possibility of return raises many questions among investors: Is it a good time to invest in Litecoin? Or will Litecoin (LTC) cross $100 in 2024? Such questions put Litecoin price prediction in an unknown box.
So, let's head to the latest Litecoin (LTC) price predictions for 2024 – 2025 and the years to come.
Overview
Litecoin Price Prediction October 2024
Failing to hold above the 23.60% Fibonacci level at $68.53, Litecoin will retest the broken trend line. The 5-day breakout led to an 11.52% decline to the local support trendline and a broken trendline test.
However, the post-test reversal shows a bullish reversal in the tweezer bottom morning star pattern. 2.33% bullish engulfing candle retracement on Litecoin prices.
Based on Fibonacci retracements, a rise above the 23.60% level at $68.53 would push LTC's price to $82.56 or the 50% level. On the downside, the $60 psychological support level is strong.
Litecoin Price Prediction 2024
Currently, the bullish struggle to cross the 200D EMA is a critical stop in the LTC price trend. With projected network growth, increased adoption, and bullish support expected from Bitcoin, the price of LTC could increase significantly in 2024. Our analysis shows that Litecoin may rise to $187.27.
However, market depletion could lead to price declines and could bring LTC back to around $50. Despite this potential increase, the average price of Litecoin in 2024 is estimated to be around $118.
Can Litecoin be halved? When is the next Litecoin halving event?
Yes, Litecoin can be halved, using a similar mechanism to Bitcoin, which halves its reward every four years. The most recent Litecoin halving took place in August 2023, successfully completing the process.
The next Litecoin halving event is estimated to take place in July 2027.
Factors that may affect the price of LTC in 2024:
Bitcoin Price Movements: The price of Litecoin often reflects the movements of Bitcoin. As BTC trends closer to $65k, LTC price may rise. Adoption for Payments: Adoption of Litecoin for international payments may increase demand, which will increase its price potential. Regulatory Transparency: Clear transparency of global crypto regulations by 2024 may attract institutional investors, which will increase the value of Litecoin.
Read more on Bitcoin Price Predictions for an overview of potential price cuts and the US presidential election.
LTC Price Prediction 2025
Litecoin is a compatible alternative to Bitcoin in every way, which makes it attractive to many traders. If the network succeeds in reducing block times, it could even compete with Bitcoin.
If major financial institutions cooperate with Litecoin, its price could rise to $217.76 by 2025.
If the market crashes in the coming years, the price of Litecoin may drop to $144.11. However, long-term investors hold the currency, so the average price of LTC is expected to be $180.94.
LTC Price Forecast 2026 – 2030
LTC Price Prediction 2026:
In the year By 2026, LTC has a low of $207.30, an average price of $234.11, and a high of $260.92.
Litecoin Price Prediction 2027:
In 2027, Litecoin predicts a low price of $232.78, an average price of $283.39 and a high price of $334.00.
LTC Price Prediction 2028:
Moving forward to 2028, using the price forecast, the lowest price for Litecoin will be $280.95, while the average price is expected to be $330.84. The highest possible price for LTC in 2028 is estimated to reach $380.72.
Litecoin Price Prediction 2029:
Looking forward to 2029, Litecoin has the potential to reach a low price of $379.74, an average price of $412.04 and a high price of $444.34.
LTC Price Prediction 2030:
Finally, the Litecoin price forecast in 2030 has a low price of $402.23, an average price of $465.40 and a high price of $528.57.
Litecoin (LTC) price forecast 2024 – 2030
Litecoin market analysis
*The above targets are the average targets set by the respective companies.
CoinPedia Litecoin price prediction
According to the Litecoin price forecast provided by Coinpedia, several prominent institutions may invest and accept LTC as payment. Additionally, the increasing number of events that directly affect LTC prices will improve social sentiment.
If the coin gets some boost in the coming months, then the LTC price could hit $187.27 in 2024. However, an increase in the impact of depression may send Litecoin down to $113.61 by the end of 2024.
We expect the LTC coin price to reach a new swing high of $187.27 in 2024.
AI based Litecoin (LTC) price prediction
Portfoliopilot
Portfolio Pilot, which predicts asset prices, predicts that the price of LTC will reach $77 by the end of August 2024.
Litecoin Historical Market Sentiments
Questions to be asked
LTC price may reach a high of $131.03 by the end of 2024.
Litecoin price may hit a high of $217.76 by the end of 2025.
Yes, Litecoin can be a good investment option, if you consider it for the long term.
Yes, Litecoin can be halved, when it completes the halving process in August 2023. The next LTC halving event will take place in July 2027.
Litecoin can be traded on exchanges such as Binance, Bitrue, Coinbase Pro, OKEx and HitBTC.
