Litecoin

Resistance

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Status

Time

<ul class="wp-block-list"> 
 <li><strong>Bullish LTC price prediction for 2024 is </strong><strong>$76.38 to $115.84</strong><strong>.</strong></li> 
 <li><strong>Litecoin (LTC) price might reach $120 soon.</strong></li> 
 <li><strong>Bearish (LTC) price prediction for 2024 is </strong><strong>$30.32</strong><strong>.</strong></li> 
</ul> 
<p>In Litecoin (LTC) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030, we will analyze the price patterns of LTC by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.&nbsp;</p> 
<figure class="wp-block-table aligncenter">
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  <tbody>
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    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
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   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Litecoin (LTC) Current Market Status</li>
      <li>What is Litecoin (LTC)?</li>
      <li>Litecoin (LTC) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      LITECOIN (LTC) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Litecoin (LTC) Support and Resistance Levels</li>
      <li>Litecoin (LTC) Price Prediction 2024 — RVOL, MA &amp; RSI</li>
      <li>Litecoin (LTC) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of LTC with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>LITECOIN (LTC) PRICE PREDICTION 2024, 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-litecoin-ltc-current-market-status">Litecoin (LTC) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$71.29</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">0.22% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$321.61M</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$5.35B</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">75.09M LTC</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$412.96 (On May 10, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$1.1137 (On Jan 15, 2015) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   LTC Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/litecoin/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-litecoin-ltc">What is Litecoin (LTC)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
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    <td><strong>TICKER</strong></td>
    <td>LTC</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Litecoin</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Peer-to-Peer Cryptocurrency</td>
   </tr>
   <tr>
    <td><strong>ORIGIN DATE</strong></td>
    <td>October 2011</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, security, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Litecoin (LTC) is one of the pioneer <a href="https://thenewscrypto.com/litecoin-shows-resilience-and-potential-for-upside-amidst-key-developments/" target="_blank" rel="noreferrer noopener">cryptocurrencies</a> that debuted in the crypto space after Bitcoin. LTC was launched in 2011 as Bitcoin-inspired crypto. Litecoin’s creator Charlie Lee calls it a “coin that is silver to Bitcoin’s gold”. Just like Bitcoin, the Litecoin blockchain also operates on the proof-of-work (PoW) consensus.</p> 
<p>Bitcoin and Litecoin have key differences in their supply cap, hashing algorithm, and transaction speed. LTC has a fixed <a href="https://thenewscrypto.com/litecoin-halving-finally-completed-surprisingly-price-drops-6/" target="_blank" rel="noreferrer noopener">supply cap</a> of 84 million which is greater than Bitcoin’s 21 million supply cap. Unlike Bitcoin’s SHA-26 hashing algorithm, Litecoin uses the Scrypt algorithm. It takes around 2.5 minutes for a block to be generated on the Litecoin blockchain whereas it would take 10 minutes on Bitcoin.</p> 
<h2 class="wp-block-heading" id="h-litecoin-24h-technicals">Litecoin 24H Technicals</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="411" src="https://thenewscrypto.com/wp-content/uploads/2024/10/image-46-1024x411.png" alt="" class="wp-image-111059" srcset="https://thenewscrypto.com/wp-content/uploads/2024/10/image-46-1024x411.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-46-300x121.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-46-768x309.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-46.png 1277w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <em>(Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="h-litecoin-ltc-price-prediction-2024">Litecoin (LTC) Price Prediction 2024</h2> 
<p>Litecoin (LTC) ranks 21st on CoinMarketCap in terms of its market capitalization. The overview of the Litecoin price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/Z7Cm3wCN/" alt="">
  <figcaption class="wp-element-caption">
   <em>LTC/USDT Descending Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>In the above chart, Litecoin (LTC) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.<br><br>At the time of analysis, the price of Litecoin (LTC) was recorded at $71.27. If the pattern trend continues, then the price of LTC might reach the resistance levels of $72.06, $88.48, and $122.65. If the trend reverses, then the price of LTC may fall to the support of $59.46.</p> 
<h2 class="wp-block-heading" id="litecoin-ltc-resistance-and-support-levels">Litecoin (LTC) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Litecoin (LTC) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/V0jf1X3c/" alt="">
  <figcaption class="wp-element-caption">
   <em>LTC/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Litecoin (LTC) for 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$76.38</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$115.84</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$46.70</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$30.32</td>
   </tr>
  </tbody>
 </table>
 <figcaption class="wp-element-caption">
  <em>LTC Resistance &amp; Support Levels</em>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="litecoin-ltc-price-prediction-2024-rvol-ma-and-rsi">Litecoin (LTC) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Litecoin (LTC) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/zbLfT5Wk/" alt="">
  <figcaption class="wp-element-caption">
   <em>LTC/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Litecoin (LTC) market in 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $65.48<br>Price = $71.24<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>62.65<br><em>&lt;30 = Oversold<br>50-70 = Neutral</em><br><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="litecoin-ltc-price-prediction-2024-adx-rvi">Litecoin (LTC) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Litecoin (LTC) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/0i2mfa78/" alt="">
  <figcaption class="wp-element-caption">
   <em>LTC/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Litecoin (LTC).</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>9.98</td>
    <td>Very Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>63.24<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>High Volatility</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="comparison-of-ltc-with-btc-eth">Comparison of LTC with BTC, ETH</h2> 
<p>Let us now compare the price movements of Litecoin (LTC) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/p8vsB2Rf/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC Vs ETH Vs LTC Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can interpret that the price action of LTC is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of LTC also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="h-litecoin-ltc-price-prediction-2025-2026-2030">Litecoin (LTC) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Litecoin (LTC) between 2025, 2026, 2027, 2028, 2029 and 2030.</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2025</td>
    <td>$130</td>
    <td>$30</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2026</td>
    <td>$140</td>
    <td>$28</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2027</td>
    <td>$160</td>
    <td>$35</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2028</td>
    <td>$180</td>
    <td>$40</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2029</td>
    <td>$200</td>
    <td>$42</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2030</td>
    <td>$220</td>
    <td>$44</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="conclusion">Conclusion</h3> 
<p>If Litecoin (LTC) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Litecoin (LTC) price prediction for 2024 is $115.84. Comparatively, if unfavorable sentiment is triggered, the bearish Litecoin (LTC) price prediction for 2024 is $30.32.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Litecoin (LTC) might hit $120. Furthermore, with future upgrades and advancements in the Litecoin ecosystem, LTC might surpass its current all-time high (ATH) of $412.96 and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Litecoin (LTC)?</h4> 
<p>Litecoin (LTC) is one of the pioneer cryptocurrencies that was launched in 2011 after Bitcoin. It operates based on the proof-of-work (PoW) consensus model. Litecoin (LTC) is “silver to Bitcoin’s gold”.</p> 
<h4 class="wp-block-heading">2. Where can you purchase Litecoin (LTC)?</h4> 
<p>Litecoin (LTC) has been listed mostly on all crypto exchanges – from Binance, OKX, Bybit, Cointr Pro, and DigiFinex.</p> 
<h4 class="wp-block-heading">3. Will Litecoin (LTC) reach a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Litecoin platform, LTC has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Litecoin (LTC)?</h4> 
<p>On May 10, 2021, Litecoin (LTC) reached its new all-time high (ATH) of $412.96.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Litecoin (LTC)?</h4> 
<p>According to CoinMarketCap, LTC hit its all-time low (ATL) of $1.1137 on January 14, 2015.</p> 
<h4 class="wp-block-heading" id="h-6-will-litecoin-ltc-reach-120">6. Will Litecoin (LTC) reach $120?</h4> 
<p>If the bullish trend continues and if Litecoin (LTC) retests its resistance levels, it will hit $120 soon.</p> 
<h4 class="wp-block-heading">7. What will be Litecoin (LTC) price by 2025?</h4> 
<p>&nbsp;Litecoin (LTC) price is expected to reach $130 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be Litecoin (LTC) price by 2026?</h4> 
<p>&nbsp;Litecoin (LTC) price is expected to reach $140 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be Litecoin (LTC) price by 2027?</h4> 
<p>&nbsp;Litecoin (LTC) price is expected to reach $160 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be Litecoin (LTC) price by 2028?</h4> 
<p>&nbsp;Litecoin (LTC) price is expected to reach $180 by 2028.<br><strong><br> Top Crypto Predictions</strong></p> 
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<p class="has-medium-font-size"><em><strong>Disclaimer: </strong>The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Litecoin (LTC) Price Prediction 2024, 2025, 2026-2030

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