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Reading: Litecoin Price Prediction 2024 – 2030: Will LTC Price Cross $100?
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EdaFace Newsfeed > Latest News > Cryptocurrency Price Prediction > Litecoin Price Prediction 2024 – 2030: Will LTC Price Cross $100?
Cryptocurrency Price Prediction

Litecoin Price Prediction 2024 – 2030: Will LTC Price Cross $100?

vitalclick
Last updated: October 1, 2024 4:18 am
5 months ago
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Contents
Story HighlightsOverviewLitecoin Price Prediction October 2024Litecoin Price Prediction 2024 Can Litecoin Be Halved? When is the Next Litecoin Halving Event?Factors that could impact LTC’s Price in 2024:LTC Price Prediction 2025LTC Price Prediction 2026 – 2030LTC Price Prediction 2026:Litecoin Price Forecast 2027:LTC Price Prediction 2028:Litecoin Price Forecast 2029:LTC Price Prediction 2030:Litecoin (LTC) Price Prediction 2024 – 2030Litecoin Market AnalysisCoinPedia’s Litecoin Price PredictionAI-Based Litecoin (LTC) Price PredictionLitecoin Historical Market SentimentsFAQsLTCBINANCE

Story Highlights

  • LTC price could possibly reach a maximum of $187.27 by the end of 2024.
  • Litecoin price with a potential surge could reach a maximum of $497.748 by the end of 2030.
  • Litecoin price today is  $ N/A.

With Bitcoin’s price struggling to sustain its bullish momentum near $65K, the hard forks of Bitcoin are slowly losing momentum. However, Litecoin has slowly started to gain momentum and teases a breakout rally shortly to reach the $100 mark.

This flurry of activity naturally sparks questions among investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) cross $100 in 2024? Such questions put the Litecoin price prediction under the indecisive box.

So, let’s head on to the latest Litecoin (LTC) price predictions for 2024 – 2025 and the years to come!

Overview

Cryptocurrency N/A
Token N/A
Price  $ N/A Error: Unable to fetch data from API.
Market Cap  $ N/A
Trading Volume  $ N/A
Circulating Supply  N/A
All-time High $412.96 May 10, 2021
All-time Low $1.11 Jan 15, 2015
24 High Coming soon
24 Low Coming Soon

Litecoin Price Prediction October 2024

Litecoin price action showcases a V-shaped reversal from $55, surpassing a critical resistance trendline. However, the recovery run takes a step back from the 200-day EMA to test the 50-day EMA, leading to a consolidation. 

Based on the Fibonacci levels, an uptrend above the 23.60% level at $69 will boost the LTC price to $85 or the 50% level. On the flip side, a reversal from the 50D EMA will trigger a sharp sell-off to test the $65 support level.

Month Potential Low ($) Average Price ($) Potential High ($)
October $65 $75 $85

Litecoin Price Prediction 2024 

Currently, the bullish struggle to cross the 200D EMA remains a pivotal stop in the LTC price trend. With projected network growth, increased adoption, and the bullish support anticipated from Bitcoin, LTC’s price could significantly surge in 2024. Our analysis suggests that Litecoin could reach a high of $187.27.

However, market exhaustion could potentially lead to a price drop, bringing LTC down to around $50. Despite this potential dip, the average price for Litecoin in 2024 is projected to be around $118. 

LTC Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 $50 $118 $187.27

Can Litecoin Be Halved? When is the Next Litecoin Halving Event?

Yes, Litecoin can be halved, employing a mechanism similar to Bitcoin’s that reduces the block reward by half approximately every four years. Further, the most recent Litecoin halving occurred in August 2023, successfully completing the procedure.

The next Litecoin halving event is estimated to take place in July 2027. This halving mechanism is crucial as it helps manage the supply of Litecoin, potentially leading to price increases over time as the rate of new coin production slows.

Factors that could impact LTC’s Price in 2024:

  • Bitcoin price movements: Litecoin’s price often mirrors Bitcoin’s movements. With BTC’s trends approaching $65K, LTC price could surge higher.  
  • Adoption for payments: Increased adoption of Litecoin for global payments could drive demand, boosting its price potential.
  • Regulatory clarity: Clearer global crypto regulations in 2024 may attract institutional investors, leading to increased Litecoin prices.

Read more on the Bitcoin price prediction for a comprehensive look at the potential rate cuts and US Presidential Elections.

LTC Price Prediction 2025

Litecoin is a feasible alternative to Bitcoin in all aspects, which makes it attractive to many traders. If the network succeeds in lowering the block time, it could even compete with Bitcoin. 

If major financial institutions collaborate with Litecoin, then the price could soar to $217.76 in 2025. 

If the market crashes in the coming years, then the price of Litecoin could drop to $144.11. However, long-term investors are likely to hold on to the currency, so the average price of LTC is expected to be $180.94.

Litecoin price prediction Potential Low ($) Average Price ($) Potential High ($)
2025 $144.11 $180.94 $217.76

LTC Price Prediction 2026 – 2030

Litecoin price prediction Potential Low ($) Potential Average($) Potential High ($)
2026 $207.30 $234.11 $260.92
2027 $232.78 $283.39 $334.00
2028 $280.95 $330.84 $380.72
2029 $379.74 $412.04 $444.34
2030 $402.23 $465.40 $528.57

LTC Price Prediction 2026:

By 2026, LTC’s potential low price could be $207.30, with an average price projected at $234.11, and a high price of $260.92.

Litecoin Price Forecast 2027:

In 2027, Litecoin is forecasted to potentially reach a low price of $232.78, an average price of $283.39, and a high price of $334.00.

LTC Price Prediction 2028:

Moving into 2028, the potential low price for Litecoin using price prediction will be $280.95, while the average price is expected to be around $330.84. The potential high price for LTC in 2028 is estimated to reach $380.72.

Litecoin Price Forecast 2029:

Looking ahead 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, in 2030, Litecoin price prediction anticipates a low price of $402.23, an average price of $465.40, and a high price of $528.57.

Litecoin (LTC) Price Prediction 2024 – 2030

Litecoin Market Analysis

Firm Name 2024 2025
DigitalCoinPrice $240.70 $338.93
Gov.Capital $33.54 $485.34

*The targets above are the average targets set by the respective firms.

CoinPedia’s Litecoin Price Prediction

According to Coinpedia’s formulated Litecoin price prediction, several well-known institutions may invest in and accept LTC as payment in the future. Moreover, the increasing number of events that can directly affect LTC price will improve social sentiment.

If the coin gains some hype in the coming months, then the LTC price can hit $187.27 in 2024.  However, a rise in bearish influence can drop Litecoin 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.

LTC Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 $113.61 $150.44 $187.27

AI-Based Litecoin (LTC) Price Prediction

PortfolioPilot

Portfolio Pilot, an AI-powered platform that predicts asset prices, has predicted that the price of LTC will reach $77 by the end of August 2024.

Litecoin Historical Market Sentiments

FAQs

How high can Litecoin price go by the end of 2024 

The price of LTC could possibly reach its maximum of $131.03 by the end of 2024.

What could be the average trading price of Litecoin by the end of 2025

Litecoin’s price could hit its peak price of $217.76 by the end of 2025. With a potential surge, the price may go as high as $ 528.57 by the end of 2030. 

Is Litecoin a good investment?

Yes, Litecoin can be a good investment option, if you are considering it for the long term.

Can Litecoin be halved? When is the next Litecoin halving event taking place?

Yes, Litecoin can be halved, it was in August 2023 when it had completed the halving procedure. The next LTC halving event will take place in July of 2027.

How to buy Litecoin?

Litecoin can be traded across exchanges like Binance, Bitrue, Coinbase Pro, OKEx, and HitBTC, amongst others.

LTC
BINANCE

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