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Litecoin Price Prediction

An up-to-date Litecoin price prediction for 2021, 2023, 2025. Wondering what is the future of LTC price? Find out Litecoin price forecast with historical, fundamental and technical analysis.
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Litecoin Fundamental Analysis

Litecoin (LTC) is a cryptocurrency whose protocol is practically identical to that of Bitcoin, from where it is born. The protocol software is open-source and is licensed by the Massachusetts Institute of Technology (MIT). It appeared in 2011 as one of the first alternative currencies created, after Namecoin, Fairbrix, and Tenebrix. Unlike Namecoin, a crypto asset still in force and active in the markets, Litecoin has managed to have enormous popularity. Its founder Charlie Lee posted Litecoin's proposal on the well-known Bitcointalk forum as a project that replicated Bitcoin more or less identically. Lee claimed that he was not trying to compete and oust the other cryptocurrency but rather allow to make transactions smaller and faster. The network was made public once the first 150 LTC units were mined. Initially, Litecoin did not become as popular and did not receive such widespread use. In 2017, Litecoin's price grew by almost 7000%, reached a market capitalization of 15 billion, and it was firmly entrenched in a top position among digital money. Litecoin was originally intended to be more akin to micropayments, but Bitcoin implementations, such as SegWit, have been serving that role. Now, both networks operate in parallel and are fed back with the contributions made by their various developers. The Proof of Work (PoW) algorithm uses the Scrypt cryptographic function designed to make Litecoin mining lighter in energy consumption but guaranteeing security because it uses a huge amount of memory to avoid attacks based solely on hardware. Litecoin's maximum issuance is set at 84 million units and Litecoin halving takes place every 840,000 blocks.

Project name
Litecoin
Stock Symbol
LTC
Curr. Price
268.01
Curr. Supply/Total Supply
67477658.23347135
ROI Since Launch
No Data
Launch Date
2011-10-08
Official Website

Litecoin Live Price Chart

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Litecoin Technical Analysis

Despite the fact that 100% accurate technical analysis for Litecoin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated LTC buy-and-sell rating for selected timeframe. The summary for LTC/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Litecoin Price Prediction

Below we have collected the most reliable price projections for Litecoin (LTC) from popular forecast platforms.

#1. WalletInvestor LTC Price Prediction for 2021 and 2025

According to WalletInvestor, Litecoin price will grow from $268.01 to $285.058 in one year. That makes LTC a good investment. The long-term earning potential is 6.36%. Predicted price for the end of 2026 is $325.473.

#2. TradingBeasts LTC Price Prediction for 2021-2022

Answering the question about if Litecoin is a good investment, TradingBeasts say resounding no. In the 2021 perspective, this coin price is predicted to reach $236.101 with a growth to $285.151 by the end of 2022.

#3. DigitalCoin LTC Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Litecoin cryptocurrency will rise in the next 5 years starting from $265.641 as of today’s price to $904.361. It will go up to $448.771 by 2022 and continue its growth in 2023-2024. Based on the forecast, Litecoin is profitable long-term investment.

#4. LongForecast LTC LTC Price prediction for 2021-2022

In 2021, the average price will go up to $414.056. In 2022, Litecoin’s price will raise significantly to an average of $515.25.

Summary

As it can be clear from the analysis cited above, Litecoin (LTC) projections are rather contradictory. There is no universal consensus either about positive or negative future LTC price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Litecoin projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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