Litecoin

Resistance

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Status

Time

<ul> 
 <li><strong>Bullish LTC price prediction for 2024 is </strong><strong>$115.84 to $167.21</strong><strong>.</strong></li> 
 <li><strong>Litecoin (LTC) price might reach $200 soon.</strong></li> 
 <li><strong>Bearish (LTC) price prediction for 2024 is </strong><strong>$46.70</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>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <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;">$74.30</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">0.08% 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;">$176,632,471</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$5,548,789,607</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;">74,672,794 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 14, 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="litecoin-24h-technicals">Litecoin 24H Technicals </h2> 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="392" src="https://thenewscrypto.com/wp-content/uploads/2024/06/image-108-1024x392.png" alt="" class="wp-image-101578" srcset="https://thenewscrypto.com/wp-content/uploads/2024/06/image-108-1024x392.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-108-300x115.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-108-768x294.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-108-1536x588.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/06/image-108.png 1789w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p class="has-text-align-center"><em>(Source: </em><a href="https://in.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<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>
   <tr>
    <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-ltc-price-prediction-2024">Litecoin (LTC) Price Prediction 2024</h2> 
<p>Litecoin (LTC) ranks 20th 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/jolKPLrJ/ " alt="">
 </figure>
</div> 
<p><em>LTC/USDT Ascending TrianglePattern (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<p>In the above chart, Litecoin (LTC) laid out an Ascending Triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.</p> 
<p>If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.</p> 
<p>At the time of analysis, the price of Litecoin (LTC) was recorded at $74.30. If the pattern trend continues, then the price of LTC might reach the resistance levels of $75.65, and $80.08. If the trend reverses, then the price of LTC may fall to the support of $72.05 &amp; $70.60.</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> 
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  <img decoding="async" src="https://www.tradingview.com/x/tue8Crjx/ " alt="">
 </figure>
</div> 
<p><em>LTC/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<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">
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  <tbody>
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    <td>Resistance Level 1</td>
    <td>$115.84</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$167.21</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$70.90</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$46.70</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><em>LTC Resistance &amp; Support Levels</em></p> 
<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> 
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  <img decoding="async" src=" https://www.tradingview.com/x/dx7ncSwY/ " alt="">
 </figure>
</div> 
<p><em>LTC/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<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">
 <table>
  <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 = $81.43Price = $73.84<br><em>(50MA &gt; Price)</em></td>
    <td>Bearish/Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>35.47<br><em>&lt;30 = Oversold</em><em><br></em><em>50-70 = Neutral</em><em>&gt;70 = Overbought</em></td>
    <td>Nearly Oversold</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/icE1SlFg/ " alt="">
 </figure>
</div> 
<p><em>LTC/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<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">
 <table>
  <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>52.36</td>
    <td>Strong</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>38.60<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low 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> 
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  <img decoding="async" src="https://www.tradingview.com/x/wmfaCXTW/ " alt="">
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</div> 
<p><em>BTC Vs ETH Vs LTC Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/LTCUSDT/?exchange=BINANCE"><em>TradingView</em></a><em>)</em></p> 
<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="litecoin-ltc-price-prediction-2024-2025-2030">Litecoin (LTC) Price Prediction 2024, 2025 – 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">
 <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>$250</td>
    <td>$45</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2026</td>
    <td>$280</td>
    <td>$43</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2027</td>
    <td>$300</td>
    <td>$40</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2028</td>
    <td>$320</td>
    <td>$35</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2029</td>
    <td>$350</td>
    <td>$30</td>
   </tr>
   <tr>
    <td>Litecoin (LTC) Price Prediction 2030</td>
    <td>$400</td>
    <td>$25</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 $167.21. Comparatively, if unfavorable sentiment is triggered, the bearish Litecoin (LTC) price prediction for 2024 is $46.70.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Litecoin (LTC) might hit $200. 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">6. Will Litecoin (LTC) reach $200?</h4> 
<p>If the bullish trend continues and if Litecoin (LTC) retests its resistance levels, it will hit $150 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 $250 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 $280 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 $300 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 $320 by 2028.<br><strong><br></strong><strong> Top Crypto Predictions</strong></p> 
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<p><em>Disclaimer: 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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