Table of Contents:
- Coin prognosis
- What is Litecoin coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Litecoin Up Only
Our coin price forecasting algorithm indicates bullishness on the LTC/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Litecoin, using ranking algorithms that are based on Historical price data.
What is Litecoin? Fundamental Analysis
Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.Blockchain data provided by: Blockchair (Main Source), CryptoID (Backup), and WhatToMine (Block Time only)
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Future price prediction
| Date | Price | Possible movement |
|---|---|---|
| Jun 19, 2021 | $167.3800 | Neutral |
| July, 2021 | $ 189 USD | Upside |
| August, 2021 | $ 265 USD | Upside |
| September, 2021 | $ 202 USD | Upside |
| December, 2021 | $ 222 USD | Upside |
| June, 2022 | $ 293 USD | Upside |
LTC Crypto Price Forecast: Frequently Asked Questions
| Question | Answer |
|---|---|
| Will Litecoin rise today? | Our data indicates Litecoin will rise today. It's already higher than it's opening price. That's a great sign |
| What will be the highest price of Litecoin (LTC) in future? | Our analysis shows a possible all time high of $293.1298 USD |
| Will Litecoin (LTC) price increase in future? | Our prognosis shows Litecoin (LTC) will increase exponentially in future, attaining a possible coin price of $293.1298 USD |
| Will an Investment in Litecoin (LTC) be profitable or make a loss? | Litecoin will be a profitable investment in the next 1 year, giving hodlers a good return. |
| What will be the highest price of Litecoin (LTC) in future? | $293.1298 USD |
| Will the price of Litecoin (LTC) move downward in future? | Up only |
| At the end of the year, what will be the price of 1 Litecoin? | Our algorithms indicates an end of year price of 1 LTC = $293.1298 USD. |
| What is the Litecoin price prediction for 2025? | By the year 2025, the price of one LTC could be as high as $1465.6490 USD |
| Litecoin price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
| Where do I buy Litecoin? | We painstakingly listed out some great options for you. Purchase LTC coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Litecoin has is a great indication it will do well in the short term.
| Date | Price | Volume |
|---|---|---|
| June 18, 2021 | $167.1 | $29,948,339 |
| June 17, 2021 | $166.54 | $56,846,884 |
| June 16, 2021 | $175.24 | $70,518,444 |
| June 15, 2021 | $179.97 | $62,928,539 |
| June 14, 2021 | $170.93 | $90,566,493 |
| June 13, 2021 | $161.69 | $58,665,332 |
| June 12, 2021 | $162.86 | $69,643,640 |
| June 11, 2021 | $168.03 | $80,633,659 |
| June 10, 2021 | $172.44 | $87,567,338 |
| June 9, 2021 | $160.78 | $126,435,612 |
| June 8, 2021 | $162.01 | $157,670,632 |
| June 7, 2021 | $176.29 | $105,149,939 |
| June 6, 2021 | $173.01 | $67,973,377 |
| June 5, 2021 | $178.6 | $86,060,696 |
| June 4, 2021 | $193.46 | $117,852,794 |
| June 3, 2021 | $187.27 | $108,344,667 |
| June 2, 2021 | $182.94 | $99,996,263 |
| June 1, 2021 | $188.11 | $134,949,444 |
| May 31, 2021 | $170.68 | $160,732,159 |
| May 30, 2021 | $163.95 | $152,302,796 |
| May 29, 2021 | $177.4 | $205,015,366 |
| May 28, 2021 | $193.97 | $245,092,106 |
| May 27, 2021 | $199.17 | $205,370,794 |
| May 26, 2021 | $183.82 | $227,429,581 |
| May 25, 2021 | $185.16 | $263,400,632 |
| May 24, 2021 | $142.75 | $330,654,170 |
| May 23, 2021 | $169.49 | $345,893,709 |
| May 22, 2021 | $180.42 | $216,094,170 |
| May 21, 2021 | $210.94 | $384,454,576 |
| May 20, 2021 | $186.64 | $601,260,255 |
