It’s true that Litecoin was a great disappointment for investors in 2018. LTC price went down from $246.523 on January 1st 2018 to $31.718 on December 31 2018. However, it is worth monitoring our Litecoin price prediction algorithm: Litecoin might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, LTC might be the coin to watch closely now.
The current Litecoin price is $77.01, its circulating supply is 63 068 743 LTC. Our algorithm predicts that based on historical data Litecoin price will be at $94.67 in 1 week and $131.41 in 1 month. Our deep learning algorithm predicts the LTC price will be at $147.56 in 6 months. Analysis of the cryptocurrency market shows that Litecoin price may reach $190.07 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that LTC will stay around $171.41 in 2019, $190.07 in 2020, $200.66 in 2021, $230.21 in 2022 and $256.04 in 2023.
While creating the Litecoin prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $147.56 and lowest possible predicted price is $111.36.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Litecoin has the potential to stay within "survivors" team. Our Litecoin short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Litecoin Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Litecoin forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Litecoin (LTC)?
The current price of Litecoin is $77.01.
What is the current market capitalization of Litecoin (LTC)?
The current market capitalization of Litecoin is $4 857 024 756.
What will be the price of Litecoin (LTC) Tomorrow?
Our algorithm forecasts that the price of Litecoin will reach $81.98 tomorrow.
In 1 year from now what will 1 Litecoin be worth?
As per the forecast and algorithmic analysis, the the price of 1 Litecoin will be around $171.41.
Is it profitable to invest in Litecoin (LTC)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Litecoin (LTC) as a short term investment. Litecoin can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Litecoin be growing in the Future?
Litecoin is potentially one of the most profitable among digital coins.
How high can the Price of Litecoin go?
Our algorithm forecasts that the price of Litecoin will reach $256.04 by 2023.
Is Litecoin (LTC) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Litecoin now.
LTC is always perched in an uncertain position. It may be because crypto enthusiasts are unsure if LTC has lasting power in the crypto market, but it either gets weak support or strong buying action. Lately it’s been enjoying strong buying action, but it may be due to its use as a BTC hedge. The last time we saw this much interest in LTC, it rose from $20 to over $300. It will be interesting where this current trend lands LTC. For those that bought in at its 2018 lows, they’re enjoying well over 2x valuation, which has significantly outperformed both BTC and ETH.
Litcoin has been the best performer in the whole crypto market. It’s insane how much money you could have made by buying the bottom. You could literally already be over 3x from its bottom about 4 months ago. How can anyone that knows crypto not be heavily vested in LTC. This coin is basically BTC-lite and it’s transaction speeds are super fast. They’re nearly triple that of BCH and BTC, making it the more viable option as a day-to-day spendable currency. It’s crazy that people thing that BTC will ever used as a day to day transaction currency since its so slow. No one in the financial market would ever look at it as a replacement of their traditional system. There’s just no way. LTC on the other hand is the better alternative.
I still don't understand how Litecoin is so high on the CMC rankings. LTC is just a smaller version of BTC, and BTC is already the best crypto out there. Why is it that LTC still holds so much value? It's a bit faster but as lightning network becomes more robust BTC will power right past LTC in terms of transaction speed. I'm not a maximalist or anything, I just don't see the relevance of LTC anymore.
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We publish the most accurate Litecoin Forecasts and News including crypto industry experts' opinion on a daily basis
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