- Bullish Litecoin (LTC) price prediction ranges from $91-$110.
- Analysis suggests that LTC price might reach $130 soon.
- LTC’s bearish market price prediction for 2023 is $50.
Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies. Litecoin (LTC) is one of them.
Litecoin is an open-source software project and a peer-to-peer, decentralized currency that is shared using the MIT/X11 license. Litecoin was one of the first altcoins. It came out in October 2011 after the Bitcoin blockchain gave it ideas.
If you are interested in the future of LTC and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!
Litecoin (LTC) Market Overview
| Name | Litecoin |
| Symbol | ltc |
| Rank | #16 |
| Price | $80.96 |
| Price Change (1h) | -0.31565 % |
| Price Change (24h) | 0.07795 % |
| Price Change (7d) | -4.00779 % |
| Market Cap | $5880217203 |
| All Time High | $410.26 |
| All Time Low | $1.15 |
| Circulating Supply | 72537220.7335 ltc |
| Total Supply | 84000000 ltc |
What Is Litecoin (LTC)?
With its unique blockchain capabilities, Litecoin (LTC) was created as a cryptocurrency that provides fast, secure, and low-cost payments. Bitcoin’s system was utilized to establish the cryptocurrency. However, the hashing algorithm, hard cap, block transaction timeframes, and a few other aspects were changed. One of the advantages of using the Litecoin blockchain is that it takes just 2.5 minutes to process a transaction, making it ideal for small transactions or point-of-sale payments.
When Charlie Lee launched Litecoin, he was an early cryptocurrency user and a well-known figure in the cryptocurrency world. But now, Charlie Lee is an ardent advocate of cryptocurrency and serves as its managing director. In addition to Lee, the Litecoin Foundation’s board of directors includes three other members. These are Xinxi Wang, Alan Austin, and Zing Yang.
Litecoin is the second most widely used cryptocurrency after Bitcoin. Its popularity can be largely attributed to the crypto’s ease of use and obvious advantages it provides. Speed and cost-effectiveness are its primary advantages. There are no fees for Litecoin transactions. Since transaction fees are a concern for many users in developing countries, this makes it an appealing alternative to Bitcoin.
Litecoin released the MimbleWimble (MW) testnet in late 2020 to test confidential Mimblewimble-based transactions. Litecoin Foundation announced the Mimblewimble Extension Block (MWEB) upgrade on January 31, 2022. MWEB promises to guarantee fungibility for all and improve Litecoin’s scalability. MWEB will be opt-in, making Litecoin the “most fungible, cash-like cryptocurrency.” The Taproot upgrade that makes security and privacy better will also be in the core release.
Litecoin is one of the few cryptocurrencies that can be traded for a wide range of fiat currencies. It can be bought with US dollars (USD), Korean won (KRW), euros (EUR), and other fiat currencies.
Analysts Views on Litecoin (LTC)
Smart Contractor, a famous cryptocurrency expert, said that $LTC appeared to be breaking out of its range following “a very big accumulation.” According to the analyst, $BTc typically bottoms approximately 500 days before the next halving occurrence, whereas $LTC’s breakthrough occurs fewer than 230 days before its own halving.
According to a pseudonymous crypto expert named Kaleo, $LTC’s latest spike seems to be the “real thing,” since it is “long overdue for a solid pump.” Moreover, Kaleo mentioned that Litecoin has extended periods of gradual decline followed by sharp increases. Kaleo also said that the meme-inspired cryptocurrencies Dogecoin ($DOGE) and $LTC are always a “buy when it’s boring,” since these cryptocurrencies surge during bull runs.
Litecoin, like Bitcoin, experience halving events, in which the crypto reward for miners that discover blocks on the network is half. The next halving event for Litecoin is scheduled for August 2023, and it will cut mining payouts from 12.5 LTC to 6.25 LTC. Halving occurrences are considered bullish since they cut fresh supply on the market in half.
Litecoin (LTC) Current Market Status
With 72,535,752 LTC in circulation, Litecoin (LTC) is trading at $81.09 at the time of writing. LTC has a 24-hour trading volume of $533,477,003, and during the previous 24 hours, the price of LTC increased by 3.94%.
The most popular crypto exchanges to trade Litecoin (LTC) are Huobi Global, Binance, Coinbase Pro, OKX, and Kraken. Let’s continue with our LTC price research for 2023.
Litecoin (LTC) Price Analysis 2023
Currently, LTC ranks 15th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization. Will Litecoin’s most recent improvements, additions, and modifications help its price rise? First, let’s focus on the charts in this article’s LTC price forecast.
Litecoin (LTC) Price Analysis – Keltner Channel
The Keltner Channel may be used to assess the direction of a trend when volatility bands are placed on each side of an asset’s price. The Keltner Channel indicators for LTC/USDT may be used to forecast the price of Litecoin (LTC). Because the price has already broken out at the first half of the channel from the bottom, it may continue to rise. Even after establishing a new uptrend, it is sometimes prudent to wait for a downturn or a better entry point to increase the reward-to-risk ratio.
Litecoin (LTC) Price Analysis – Relative Strength Index
In technical analysis, the relative strength index (RSI) is a momentum indicator. The RSI examines the speed and amplitude of a security’s recent price swings to determine if it is overvalued or undervalued. The RSI value of the 1-Day chart is 46.39. A movement below 50 indicates that more traders are selling LTC rather than buying.
Litecoin (LTC) Price Analysis – Moving Average
Above is a daily chart of Litecoin’s (LTC’s) 200-day, and 50-day Moving Averages (MAs). Looking at the chart above, LTC is currently trading between the 50 MA and 200MA. The LTC 50-day MA is above the 200-day MA (long-term), indicating that the market is entirely bullish. However, the distance between the two moving averages is relatively small, we may conclude that the price is bullish for long-term investors.
Litecoin (LTC) Price Prediction 2023
By looking at the daily chart of LTC/USDT, the LTC price is moving closer to the Resistance. LTC, starting from March, fell from its Resistance($94.83-99.81) was swinging from $49.33 to $81.56 within the past 30 days. After reaching $65.32, LTC again started its climb toward the top. If LTC faces another downtrend, it could reach the bottom of Support at $46.66; however, it’s current trajectory would allow it to regain its position in the Resistance.
Meanwhile, our long-term LTC price prediction for 2023 is bullish since it cannot break the support level. We can expect LTC to reach $133 and more this year.
Litecoin (LTC) will hit $176 by the end of 2023 if the current bullish trend continues. Furthermore, the first part of 2023 will see rapid growth from $100. The growth will thereafter moderate, but no significant drops are forecast.
| Month | Minimum Price | Average Price | Maximum Price |
| April 2023 | 95.72 | 100.71 | 105.71 |
| May 2023 | 111.02 | 115.16 | 119.30 |
| June 2023 | 123.98 | 130.03 | 136.08 |
| July 2023 | 139.07 | 145.76 | 152.46 |
| August 2023 | 153.41 | 155.86 | 158.32 |
| September 2023 | 155.88 | 159.90 | 163.92 |
| October 2023 | 160.26 | 163.29 | 165.38 |
| November 2023 | 166.08 | 168.11 | 170.32 |
| December 2023 | 170.44 | 173.56 | 176.22 |
Litecoin (LTC) Price Prediction – Resistance and Support Levels
This chart above shows that the price of LTC is moving sideways in the past few months. However, the price of LTC has increased by 3.94% in the past 24 hours after a slight fall. If the upward continues, LTC might keep running bulls, breaking its $92.53 resistance 1 level, and eventually moving higher to $120.
If LTC cannot break the $92.53 resistance 1 level, the bears may seize control and dethrone LTC to a downtrend stance. In simple terms, the price of LTC might fall to almost $50, indicating a negative signal.
Litecoin (LTC) Price Prediction 2024
Litecoin (LTC) price can rise to incredible heights, peaking at $170. This is only feasible if the market continues its upward path and only if Litecoin breaks through the past psychological resistance levels.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2024 | 174.20 | 176.22 | 178.43 |
| February 2024 | 176.66 | 179.68 | 183.34 |
| March 2024 | 180.00 | 182.02 | 184.17 |
| April 2024 | 183.55 | 185.67 | 188.70 |
| May 2024 | 187.24 | 188.26 | 193.35 |
| June 2024 | 190.20 | 192.22 | 194.43 |
| July 2024 | 194.44 | 196.47 | 199.13 |
| August 2024 | 196.63 | 199.75 | 202.90 |
| September 2024 | 199.10 | 203.12 | 207.14 |
| October 2024 | 203.48 | 206.51 | 208.60 |
| November 2024 | 209.30 | 211.33 | 213.54 |
| December 2024 | 213.66 | 216.78 | 219.44 |
Litecoin (LTC) Price Prediction 2025
We should expect the price of LTC to trade above its price in 2024 because most cryptocurrencies may be able to break through psychological barriers after Bitcoin’s price halving in 2024. So, by the end of 2025, LTC could be worth around $260.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2025 | 218.37 | 220.39 | 222.60 |
| February 2025 | 220.83 | 223.85 | 227.51 |
| March 2025 | 224.17 | 226.19 | 228.34 |
| April 2025 | 227.72 | 229.84 | 232.87 |
| May 2025 | 231.41 | 232.43 | 237.52 |
| June 2025 | 234.37 | 236.39 | 238.60 |
| July 2025 | 238.61 | 240.64 | 243.30 |
| August 2025 | 240.80 | 243.92 | 247.07 |
| September 2025 | 243.27 | 247.29 | 251.31 |
| October 2025 | 247.65 | 250.68 | 252.77 |
| November 2025 | 253.47 | 255.50 | 257.71 |
| December 2025 | 257.83 | 260.95 | 263.61 |
Litecoin (LTC) Price Prediction 2026
LTC price might grow to $304 during the next four years. Furthermore, hitting this level may not be so tough for LTC because the new medium, short-term and long-term price objectives for purchase or sell orders may be discovered.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2026 | 261.97 | 263.99 | 266.20 |
| February 2026 | 264.43 | 267.45 | 271.11 |
| March 2026 | 267.77 | 269.79 | 271.94 |
| April 2026 | 271.32 | 273.44 | 276.47 |
| May 2026 | 275.01 | 276.03 | 281.12 |
| June 2026 | 277.97 | 279.99 | 282.20 |
| July 2026 | 282.21 | 284.24 | 286.90 |
| August 2026 | 284.40 | 287.52 | 290.67 |
| September 2026 | 286.87 | 290.89 | 294.91 |
| October 2026 | 291.25 | 294.28 | 296.37 |
| November 2026 | 297.07 | 299.10 | 301.31 |
| December 2026 | 301.43 | 304.55 | 307.21 |
Litecoin (LTC) Price Prediction 2027
Due to Bitcoin halving, investors expect a bullish run in 2028. So, the price of LTC could build on its recent gains and even break through more psychological barriers if investors feel good. So, by the end of 2027, LTC could be worth $349, and LTC is likely to break its ATH value.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2027 | 307.20 | 309.22 | 311.43 |
| February 2027 | 309.66 | 312.68 | 316.34 |
| March 2027 | 313.00 | 315.02 | 317.17 |
| April 2027 | 316.55 | 318.67 | 321.70 |
| May 2027 | 320.24 | 321.26 | 326.35 |
| June 2027 | 323.20 | 325.22 | 327.43 |
| July 2027 | 327.44 | 329.47 | 332.13 |
| August 2027 | 329.63 | 332.75 | 335.90 |
| September 2027 | 332.10 | 336.12 | 340.14 |
| October 2027 | 336.48 | 339.51 | 341.60 |
| November 2027 | 342.30 | 344.33 | 346.54 |
| December 2027 | 346.66 | 349.78 | 352.44 |
Litecoin (LTC) Price Prediction 2028
Bitcoin will be halved in 2028. So, a bullish run could happen before the market settles down in 2027. The price of Litecoin (LTC) could reach $394.17.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2028 | 351.59 | 353.61 | 355.82 |
| February 2028 | 354.05 | 357.07 | 360.73 |
| March 2028 | 357.39 | 359.41 | 361.56 |
| April 2028 | 360.94 | 363.06 | 366.09 |
| May 2028 | 364.63 | 365.65 | 370.74 |
| June 2028 | 367.59 | 369.61 | 371.82 |
| July 2028 | 371.83 | 373.86 | 376.52 |
| August 2028 | 374.02 | 377.14 | 380.29 |
| September 2028 | 376.49 | 380.51 | 384.53 |
| October 2028 | 380.87 | 383.90 | 385.99 |
| November 2028 | 386.69 | 388.72 | 390.93 |
| December 2028 | 391.05 | 394.17 | 396.83 |
Litecoin (LTC) Price Prediction 2029
By 2029, the prices of most cryptocurrencies could have been stable for more than a decade, and this is because they used their lessons to ensure their investors still believed in the project. Because of this effect and the price spike that happens a year after Bitcoin halves, LTC could reach $447.37 by the end of 2029.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2029 | 404.79 | 406.81 | 409.02 |
| February 2029 | 407.25 | 410.27 | 413.93 |
| March 2029 | 410.59 | 412.61 | 414.76 |
| April 2029 | 414.14 | 416.26 | 419.29 |
| May 2029 | 417.83 | 418.85 | 423.94 |
| June 2029 | 420.79 | 422.81 | 425.02 |
| July 2029 | 425.03 | 427.06 | 429.72 |
| August 2029 | 427.22 | 430.34 | 433.49 |
| September 2029 | 429.69 | 433.71 | 437.73 |
| October 2029 | 434.07 | 437.10 | 439.19 |
| November 2029 | 439.89 | 441.92 | 444.13 |
| December 2029 | 444.25 | 447.37 | 450.03 |
Litecoin (LTC) Price Prediction 2030
The cryptocurrency market was stable because early investors held on to their assets so they wouldn’t miss out on future price gains. In the next eight years, the LTC price could rise to $494.47.
| Month | Minimum Price | Average Price | Maximum Price |
| January 2030 | 451.89 | 453.91 | 456.12 |
| February 2030 | 454.35 | 457.37 | 461.03 |
| March 2030 | 457.69 | 459.71 | 461.86 |
| April 2030 | 461.24 | 463.36 | 466.39 |
| May 2030 | 464.93 | 465.95 | 471.04 |
| June 2030 | 467.89 | 469.91 | 472.12 |
| July 2030 | 472.13 | 474.16 | 476.82 |
| August 2030 | 474.32 | 477.44 | 480.59 |
| September 2030 | 476.79 | 480.81 | 484.83 |
| October 2030 | 481.17 | 484.20 | 486.29 |
| November 2030 | 486.99 | 489.02 | 491.23 |
| December 2030 | 491.35 | 494.47 | 497.13 |
Litecoin (LTC) Price Prediction 2040
According to our long-term Litecoin price estimate and If the current growth rate continues, we could anticipate an average price of $1000 by 2040. If the market becomes bullish, the price of Litecoin may increase beyond our 2040 forecast.
| Minimum Price | Average Price | Maximum Price |
| $880 | $1090 | $1210 |
Litecoin (LTC) Price Prediction 2050
According to our forecast, the average price of LTC in 2050 might be above $2300. If more investors are drawn to Litecoin between these years, the price of Litecoin in 2050 could be far higher than our projection.
| Minimum Price | Average Price | Maximum Price |
| $1950 | $2300 | $2560 |
Conclusion
As said above, it may even reach above $490 if investors have decided that LTC is a good investment along with mainstream cryptocurrencies.
FAQ
Litecoin is an open-source software project and a peer-to-peer, decentralized currency that is shared using the MIT/X11 license. Litecoin was one of the first altcoins. It came out in October 2011 after the Bitcoin blockchain gave it ideas.
Like other digital assets in the crypto world, LTC can be traded on many exchanges. Binance, BTCEX, OKX, BingX, and Bybit are currently the most popular cryptocurrency exchanges for trading LTC.
Since LTC provides investors with a number of opportunities to profit from their crypto holdings, LTC seems to be a really good investment in 2022. However, LTC has a high possibility of surpassing its current ATH in 2028.
In terms of active crypto assets, LTC is one of the few that continues to rise in value. As long as this bullish trend continues, LTC might break through $413 and reach as high as $450. Of course, if the current market favoring crypto continues, this is extremely likely to happen.
As one of the fastest-rising cryptocurrencies, LTC is expected to continue its upward trend. We may also conclude that LTC is an excellent cryptocurrency to invest in this year, given its recent partnerships that have improved its adoption.
It is $1.11 that was attained on January 14, 2015, according to CoinMarketCap.
LTC was launched in June 2011.
Charlie Lee founded LTC.
It is 84,000,000 LTC.
LTC can be stored in a cold wallet, hot wallet, or exchange wallet.
LTC price is expected to reach $170 by 2023.
LTC price is expected to reach $216 by 2024.
LTC price is expected to reach $260 by 2025.
LTC price is expected to reach $304 by 2026.
LTC price is expected to reach $349 by 2027.
LTC price is expected to reach $394 by 2028.
LTC price is expected to reach $447 by 2029.
LTC price is expected to reach $494 by 2030.
LTC price is expected to reach $1030 by 2040.
LTC price is expected to reach $2900 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. CoinEdition and its affiliates will not be held liable for any direct or indirect damage or loss.
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