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Market Cap
$ 5,928,959,197
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Total Volume
$ 1,113,318,693
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24 Hour
6.72%
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7 Day
15.17%
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Litecoin Price Prediction: 2024, 2025, 2030

Litecoin price prediction, LTC’s price has pumped by 6.72% in the last 24 hours.
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Litecoin
Price Prediction
Litecoin, LTC could hit $114.83 in 2024
Litecoin’s price prediction for the most bearish scenario will value LTC at $63.66 in 2024.
Litecoin’s previous All Time High was on 10 May 2021 where LTC was priced at $410.26.

Litecoin’s price at the same time last week was $68.99. It has moved by 15.17 % in the past week and is currently at $79.57. Infact, in the past 24 hours, LTC has pumped by 6.72 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and LTC could hit $133.41 in 2025.

The total circulating supply of Litecoin as of writing this article was $74260208.23 and the marketcap of LTC remains at $5,928,959,197

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

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About Litecoin

 

Litecoin (LTC): An overview


Source: Litecoin.com

 

Litecoin (LTC) is an alternative cryptocurrency that was created through a fork in the Bitcoin (BTC) blockchain. With faster block times and vast supply, the altcoin is known as the silver counterpart to Bitcoin's gold. 

 

Litecoin allows users to send low-priced private, secure, and borderless payments to anyone, anytime, anywhere. It pioneers technologies such as Lightning for an immediate global settlement of funds and Atomic Swaps for cross-blockchain trustless trading. 

 

Litecoin’s journey

Source: Litecoin.com

 

Adapted from Bitcoin's open-source code, Litecoin was created in October 2011 by Charlie Lee, a former Google and Coinbase engineer. He graduated from the Massachusetts Institute of Technology (MIT). According to Lee, Litecoin began as a fun side project when he was playing around with the Bitcoin codebase.

 

During an announcement of Litecoin’s debut on a popular Bitcoin forum, Lee called the altcoin the "lite version of Bitcoin." Litecoin is known to be among the earliest altcoins obtained from Bitcoin's original source code. LTC has a maximum supply of 84 million.

 

Often seen as a reaction to Bitcoin due to its similar structure, Litecoin has been used as a testnet for Bitcoin, with advanced protocol changes adopted prior to their deployment on Bitcoin. Their key differences are block time, supply, hashing algorithm, and initial distribution.

 

Other key developments


Source: Litecoin.com 

 

With its existence being more than a decade old in the crypto space, Litecoin has accomplished a lot in these years. Here are some of the important developments/milestones for the altcoin in the last two years:

  • In May 2021, Venmo, the second most popular financial app in the US at the time, launched Litecoin.
  • In September 2021, the Litecoin Foundation announced the launch of OmniLite, a decentralized token creation platform.
  • In September 2021, Grayscale Litecoin Trust (LTCN) became an SEC reporting company alongside companies such as Bitcoin (GBTC), Ethereum (ETHE), Digital Large Cap Fund (GDLC), Ethereum Classic (ETCG), and Bitcoin Cash (BCHG) trusts.
  • In December 2022, Litecoin announced that it had completed over 39 million transactions, making it a new record.
  • In December 2022, Litecoin announced that it had added 52 million new addresses to the network, which is the second most of any cryptocurrency.
  • In January 2023, the Litecoin card became available in Europe.
  • In June 2023, Litecoin’s block explorer—Litecoin Space was launched.
  • In August 2023, the halving event took place, which led to the reduction of block reward from 12.5 LTC to 6.25 LTC.

LTC Price Analysis

The weekly chart of LTC from October 2022 to October 2023 depicted an intriguing dynamic in the market. Throughout the year, bullish sentiment dominated the scene, with buyers taking the upper hand. 

 

Nevertheless, as the period drew to a close, there was a discernible presence of sellers. At the time of writing, LTC traded at $61.18.

 

LTC weekly chart

 

LTC initiated its trajectory from a modest base, with its lowest support marked at $51.32. The price saw a steady ascent from this point, and by January's end, it had touched its zenith at a resistance of $100.96.

 

This resistance was rigorously tested till July 2023. Although there was a transient breach of this level in June's conclusion, it was evident that sustaining momentum above this resistance was challenging.

 

As July progressed, a decline commenced, reflecting sellers' increasing influence. This period also marked the anticipation of the halving event which was soon to follow.

 

The steadfast support of $77.17, which had remained unbroken from January to August, was eventually overcome by mid-August, resulting in the coin retracing to its more recent support level of $60.95.

 

Throughout the analyzed period, the volume for LTC remained largely moderate, with sporadic spikes observed. However, a notable reduction in trading volume became evident from mid-July onwards, indicating diminished market interest or uncertainty among traders.

 

The Moving Average Convergence Divergence (MACD) provided valuable insights. Until April 2023, the MACD line remained dominant over its counterpart, the signal line. Their upward journey began in earnest, with the MACD line crossing the pivotal zero line at the beginning of January, closely trailed by the signal line towards January's end.

 

However, a shift in momentum was witnessed by the end of April as the MACD line descended below the signal line. A brief positive crossover occurred in late June, but this was short-lived. 

 

Distinctly, by mid-August, the MACD line plunged below the zero line, with the signal line following suit by the month's end. The histogram exhibited positive values from the start of our analysis until mid-April. Subsequently, negative values dominated, with a brief positive interlude observed between late June and July.

 

The period concluded with the histogram at -2.06, the signal line at -4.27, and the MACD line at -6.33, painting a rather bearish picture.

 

For the majority of the period, the Chaikin Money Flow (CMF) remained above the zero line, even achieving its peak at 0.27 in late June. However, a decline ensued after this peak, and by October, it had slid below the zero line, settling at -0.07, suggesting potential distribution or reduced buying pressure.

 

Should you consider buying LTC?

While the larger part of the analyzed period saw bullish dominance, the latter stages indicated potential bearish undertones. If LTC buyers cannot defend the current support level, a drastic downward movement might ensue, possibly reaching the lowest support level of the period.

 

While the short-term dynamics around the halving event can be influenced by speculation and trader psychology, the long-term implications often focus on the reduced supply of new coins entering the market. 

 

This could create upward pressure on prices in the long run if demand remains constant or increases. Traders looking to buy can likely target a potential buying range between $48 to $54.

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Litecoin Price Prediction

Litecoin has had an eventful 2021. To simplify the latest LTC price prediction, we have divided up the prediction by short term Litecoin price prediction and long term Litecoin price prediction. As of writing this article, LTC had a trading volume of 1,113,318,693. Litecoin has gone up by 16.43% in the past 30 days.

According to our analysis in the short term, Litecoin price prediction for April 2024 shows the average price of LTC at 85.69 and the highest possible price for April 2024 would be $91.69.

Further, according to our analysis in the long term, Litecoin price prediction for August 2024 shows the average price of LTC at 90.14 and the highest possible price for August 2024 would be $96.45.

Litecoin's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
1 March 2024$69.70$64.82$74.58
2 March 2024$70.56$65.62$75.50
3 March 2024$71.36$66.37$76.36
4 March 2024$71.33$66.33$76.32
9 March 2024$69.06$64.22$73.89
14 March 2024$67.44$62.72$72.16
24 March 2024$64.96$60.41$69.51
April 2024$85.69$79.69$91.69
May 2024$86.80$80.73$92.88
June 2024$87.91$81.76$94.07
July 2024$89.02$82.79$95.26
August 2024$90.14$83.83$96.45
September 2024$91.25$84.86$97.63
October 2024$92.36$85.89$98.82
November 2024$93.47$86.93$100.01
December 2024$94.58$87.96$101.20

Litecoin price prediction 1 March 2024: Litecoin's price for 1 March 2024 according to our analysis should range between $64.82 to $74.58 and the average price of LTC should be around $69.70.

Litecoin price prediction 2 March 2024: Litecoin's price for 2 March 2024 according to our analysis should range between $65.62 to $75.50 and the average price of LTC should be around $70.56.

Litecoin price prediction 3 March 2024: Litecoin's price for 3 March 2024 according to our analysis should range between $66.37 to $76.36 and the average price of LTC should be around $71.36.

Litecoin price prediction 4 March 2024: Litecoin's price for 4 March 2024 according to our analysis should range between $66.33 to $76.32 and the average price of LTC should be around $71.33.

Litecoin price prediction 9 March 2024: Litecoin's price for 9 March 2024 according to our analysis should range between $64.22 to $73.89 and the average price of LTC should be around $69.06.

Litecoin price prediction 14 March 2024: Litecoin's price for 14 March 2024 according to our analysis should range between $62.72 to $72.16 and the average price of LTC should be around $67.44.

Litecoin price prediction 24 March 2024: Litecoin's price for 24 March 2024 according to our analysis should range between $60.41 to $69.51 and the average price of LTC should be around $64.96.

Litecoin price prediction April 2024: Litecoin's price for April 2024 according to our analysis should range between $79.69 to $91.69 and the average price of LTC should be around $85.69.

Litecoin price prediction May 2024: Litecoin's price for May 2024 according to our analysis should range between $80.73 to $92.88 and the average price of LTC should be around $86.80.

Litecoin price prediction June 2024: Litecoin's price for June 2024 according to our analysis should range between $81.76 to $94.07 and the average price of LTC should be around $87.91.

Litecoin price prediction July 2024: Litecoin's price for July 2024 according to our analysis should range between $82.79 to $95.26 and the average price of LTC should be around $89.02.

Litecoin price prediction August 2024: Litecoin's price for August 2024 according to our analysis should range between $83.83 to $96.45 and the average price of LTC should be around $90.14.

Litecoin price prediction September 2024: Litecoin's price for September 2024 according to our analysis should range between $84.86 to $97.63 and the average price of LTC should be around $91.25.

Litecoin price prediction October 2024: Litecoin's price for October 2024 according to our analysis should range between $85.89 to $98.82 and the average price of LTC should be around $92.36.

Litecoin price prediction November 2024: Litecoin's price for November 2024 according to our analysis should range between $86.93 to $100.01 and the average price of LTC should be around $93.47.

Litecoin price prediction December 2024: Litecoin's price for December 2024 according to our analysis should range between $87.96 to $101.20 and the average price of LTC should be around $94.58.

Litecoin's Long Term Price Prediction

Litecoin’s long term Price Prediction below is a look at LTC’s future prospect with regards to price. Litecoin was last seen at $79.57, with a market cap of $5,928,959,197 and trading volumes of $1,113,318,693. LTC’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$95.69$76.55$114.83
2025$111.18$88.94$133.41
2026$129.17$103.34$155.01
2027$150.08$120.06$180.09
2028$174.37$139.49$209.24
2029$202.59$162.07$243.11
2030$235.38$188.30$282.45
2031$273.48$218.78$328.17
2032$317.74$254.19$381.28
2033$369.16$295.33$443.00
2035$498.33$398.67$598.00

Litecoin price prediction 2024: Litecoin's price for 2024 according to our analysis should range between $76.55 to $114.83 and the average price of LTC should be around $95.69.

Litecoin price prediction 2025: Litecoin's price for 2025 according to our analysis should range between $88.94 to $133.41 and the average price of LTC should be around $111.18.

Litecoin price prediction 2026: Litecoin's price for 2026 according to our analysis should range between $103.34 to $155.01 and the average price of LTC should be around $129.17.

Litecoin price prediction 2027: Litecoin's price for 2027 according to our analysis should range between $120.06 to $180.09 and the average price of LTC should be around $150.08.

Litecoin price prediction 2028: Litecoin's price for 2028 according to our analysis should range between $139.49 to $209.24 and the average price of LTC should be around $174.37.

Litecoin price prediction 2029: Litecoin's price for 2029 according to our analysis should range between $162.07 to $243.11 and the average price of LTC should be around $202.59.

Litecoin price prediction 2030: Litecoin's price for 2030 according to our analysis should range between $188.30 to $282.45 and the average price of LTC should be around $235.38.

Litecoin price prediction 2031: Litecoin's price for 2031 according to our analysis should range between $218.78 to $328.17 and the average price of LTC should be around $273.48.

Litecoin price prediction 2032: Litecoin's price for 2032 according to our analysis should range between $254.19 to $381.28 and the average price of LTC should be around $317.74.

Litecoin price prediction 2033: Litecoin's price for 2033 according to our analysis should range between $295.33 to $443.00 and the average price of LTC should be around $369.16.

Litecoin price prediction 2035: Litecoin's price for 2035 according to our analysis should range between $398.67 to $598.00 and the average price of LTC should be around $498.33.

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A Historical look at Litecoin, LTC’s price

LTC/USD Pair

LTC
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USD
28 February 2021
173.28
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LTC
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USD
28 February 2022
103.11
signal-icon
59.5
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LTC
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USD
28 February 2023
94.04
signal-icon
91.2
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LTC
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USD
29 February 2024
79.57
signal-icon
84.62
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LTC/Euro Pair

LTC
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EUR
28 February 2021
143.54
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LTC
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EUR
28 February 2022
92.22
signal-icon
64.25
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LTC
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EUR
28 February 2023
88.63
signal-icon
96.11
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LTC
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EUR
29 February 2024
73.66
signal-icon
83.11
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FAQs about Litecoin

What is the price of Litecoin as of today 29 February 2024?

Litecoin’s current price is $79.57 and witnessed a 6.72% increase in the past 24 hours. LTC/BTC pair saw a 6.97% increase in the past 24 hours

Is LTC a good investment?

Investing in Litecoin, LTC will purely depend on your personal risk appetite. As you can see over the past 24 hours Litecoin’s price has witnessed a 6.72% increase and over the past 30 days Litecoin has increase by 16.43%. So it all depends on if this investment will hit your trading goals.

How high can Litecoin’s price go this year in 2024?

According to our latest Litecoin Price prediction for 2024, LTC should vary between $114.83 and $76.55. Please keep in mind that the crypto market is very volatile and this Litecoin price prediction does not account for extreme wild swings in price.

How much will the Litecoin be worth in 2024 ?

As per the Litecoin price prediction 2024 model above, LTC’s price for February 2024 should range between $76.55 to $114.83 with the average price for February being $95.69

How much will Litecoin be worth in 2025?

According to the Litecoin Price Prediction model above, LTC’s price in 2025 would be $111.18. This price would however would range from $133.41 and $88.94.

How much will Litecoin be worth in 2026?

According to the Litecoin Price Prediction model above, LTC’s price in 2026 would be $129.17. This price would however would range from $155.01 and $103.34.

How much will Litecoin be worth in 2027?

According to the Litecoin Price Prediction model above, LTC’s price in 2027 would be $150.08. This price would however would range from $180.09 and $120.06.

How much will Litecoin be worth in 2028?

According to the Litecoin Price Prediction model above, LTC’s price in 2028 would be $174.37. This price would however would range from $209.24 and $139.49.

How much will Litecoin be worth in 2029?

According to the Litecoin Price Prediction model above, LTC’s price in 2029 would be $202.59. This price would however would range from $243.11 and $162.07.

How much will Litecoin be worth in 2030?

According to the Litecoin Price Prediction model above, LTC’s price in 2030 would be $235.38. This price would however would range from $282.45 and $188.30.

How much will Litecoin be worth in 2031?

According to the Litecoin Price Prediction model above, LTC’s price in 2031 would be $273.48. This price would however would range from $328.17 and $218.78.

How much will Litecoin be worth in 2032?

According to the Litecoin Price Prediction model above, LTC’s price in 2032 would be $317.74. This price would however would range from $381.28 and $254.19.

How much will Litecoin be worth in 2033?

According to the Litecoin Price Prediction model above, LTC’s price in 2033 would be $369.16. This price would however would range from $443.00 and $295.33.

How much will Litecoin be worth in 2035?

According to the Litecoin Price Prediction model above, LTC’s price in 2035 would be $498.33. This price would however would range from $598.00 and $398.67.

What was the highest price of Litecoin?

The highest price for Litecoin was recorded in 10 May 2021 during which LTC hit an All Time High of $410.26

What is the price of 1 Litecoin?

The price of 1 Litecoin according to current market rate is $79.57