Litecoin Price Prediction 2024 2030: Will LTC Price Cross $100 in 2024?
The post Litecoin Price Prediction 2024 2030: Will LTC Price Cross $100 in 2024? appeared first on Coinpedia Fintech News
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 $ 63.31354703.
With Bitcoins price struggling to sustain its bullish momentum after the Spot ETF approvals, the hard forks of Bitcoin are slowly losing momentum. Further, 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, lets head on to the latest Litecoin (LTC) price predictions for 2024 2025 and the years to come!
Table of contents
Overview
| Cryptocurrency | Litecoin |
| Token | LTC |
| Price | $ 63.31354703 3.11% |
| Market Cap | $ 4,739,568,231.0039 |
| Trading Volume | $ 256,950,618.8703 |
| Circulating Supply | 74,858,674.8567 |
| All-time High | $412.96 May 10, 2021 |
| All-time Low | $1.11 Jan 15, 2015 |
| 24 High | $ 0.0000 |
| 24 Low | $ 0.0000 |
Litecoin Price Prediction August 2024
Litecoin price action showcases a bullish reversal from the $58 level with multiple lower price rejection candles. The recovery rally accounts for a price jump of 20% in the last two weeks and teases a trend reversal rally.
With the breakout run, the LTC price faces opposition from the dynamic resistance of the 50D EMA.
If the recovery rally surpasses the 50D EMA, the LTC price action will signal a breakout rally and tease a jump to $101.89. Conversely, a reversal from the 50D EMA will trigger a sharp sell-off to test the $65 support level.
| Litecoin price prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| August 2024 | $65 | $75 | $101.89 |
Litecoin Price Prediction Q3 2024
With plans to overtake the $100 milestone in August, a broader market recovery will push Litecoin for a longer run. As multiple catalysts line up in Q3, the altcoins in close relation to Bitcoin can find a massive demand surge. Furthermore, a breakout run of $100 could fuel the Litecoin bull run to reach $140 by the end of Q3 2024.
On the other hand, $80 and $50 are two crucial supports, with a minimum price of around $70.
| LTC Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| Q3 2024 | $70 | $105 | $140 |
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, LTCs 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 Bitcoins that reduces the block reward by half approximately every four years. 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 LTCs Price in 2024:
- Bitcoin price movements: Litecoins price often rises or falls based on Bitcoin prices due to their solid historical correlation. If Bitcoin continues its bull run in 2024 and rises significantly in value, Litecoin is likely to follow the same trend upward.
- Adoption for payments: Increased adoption of Litecoin for global payments and cross-border money transfers by merchants worldwide could generate further demand. The more businesses and consumers use LTC for payments, the higher its price potential.
- Regulatory clarity: Greater regulatory clarity around cryptocurrency regulations worldwide in 2024 may encourage increased institutional investor participation. This could see bigger inflows of money into the crypto space and benefit 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, 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, LTCs 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 is projected to 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 is predicted to have 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.
CoinPedias Litecoin Price Prediction
According to Coinpedias 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
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
The price of LTC could possibly reach its maximum of $131.03 by the end of 2024.
Litecoins 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.
Yes, Litecoin can be a good investment option, if you are considering it for the long term.
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.
Litecoin can be traded across exchanges like Binance, Bitrue, Coinbase Pro, OKEx, and HitBTC, amongst others.
LTC
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Read more: https://coinpedia.org/price-prediction/ltc-litecoin-price-prediction/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
