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

Overview

Cryptocurrency	Litecoin
Token	LTC
Price	$ 83.39727895 0.03%
Market Cap	$ 6,217,329,160.3026
Trading Volume	$ 271,439,980.8203
Circulating Supply	74,550,743.6075
All-time High	$412.96 May 10, 2021
All-time Low	$1.11 Jan 15, 2015
24 High	$ 83.4700
24 Low	$ 80.7000

Litecoin Price Prediction April 2024

Litecoin price action showcases a bullish attempt to conclude the long-coming consolidation phase with an upside breakout. However, the constant rejections close to the $80 barrier lead to multiple rejections and prolong the consolidation.

The recent comeback in LTC price surpasses the overhead dynamic resistance of the 50-day EMA, projecting strong bullish pressure. At the moment, Litecoin reverts from the 200D EMA and warns of a correction.

Read more on the Bitcoin price prediction for a comprehensive look at the upcoming spot ETF decision by the SEC.

If the recovery rally surpasses the 200D EMA, the LTC price action will signal a breakout rally and tease a jump to $100. Conversely, a reversal from the 200D EMA will trigger a sharp sell-off to test the $50 support level.

Litecoin Price Prediction 2024 

Litecoin is a peer-to-peer cryptocurrency allowing anyone to transact without permission. It is not subject to government or financial institution control.

So far, 2024 has been a mixed bag for Litecoin, with a bearish week to start and a remarkable bullish jump in the next. 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 the Bitcoin halving, LTC’s price could significantly surge in 2024. Our analysis suggests that Litecoin could reach a high of $187.27 by mid-2024.

However, market exhaustion during the second half could potentially lead to a price drop, bringing LTC down to around $113.61. Despite this potential dip, the average price for Litecoin in 2024 is projected to be around $150.44. 

Factors that could impact LTC’s Price in 2024:

• Bitcoin price movements: Litecoin’s 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.
• Upcoming halving event: Litecoin’s next halving event is expected to occur in August 2023, cutting its block reward by half. Prior LTC halving has resulted in a price rise in the aftermath. If demand continues to increase post-halving, prices could climb higher in 2024.
• 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.

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. 

However, LTC users are concerned about new regulations. 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.

LTC Price Prediction 2026 – 2030

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.

LTC Price Prediction 2027:

In 2027, LTC 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 LTC 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.

LTC Price Prediction 2029:

Looking ahead to 2029, LTC 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, LTC 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

*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. The LTC price can strike a high of above $187.27 in 2024.  But with a rise in bearish influence, Litecoin can drop 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, an AI-powered platform that predicts asset prices, has predicted that the price of LTC will reach $167.61 by the end of June 2024. This prediction is based on a number of factors, including:

• Current market conditions
• The performance of LTC in the past
• The platform’s own algorithms

It is important to note that this is just a prediction, and the actual price of LTC could be higher or lower than this.

Litecoin Historical Market Sentiments 2013 – 2024

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