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Litecoin and Vechain Price Prediction: LTC & VET to Rebound?

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By Aggregated - see source on December 27, 2024 Altcoin
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Popular meme coins Litecoin (LTC) and VeChain (VET) are projected to rebound in price in 2025, according to new price predictions. Both altcoins have climbed over 20% in value over the past year, and are going into 2025 in correction phases. Price predictions for the majority of the altcoin market are bullish. Hence, LTC and VET are two tokens that could make waves in 2024 and climb the charts during the altcoin season.

After a period of market correction, Litecoin and Vechain are showing signs of a strong comeback. Despite a low period in price, transaction volume around both coins is up. In the last 24 hours, TV for LTC is up to $542.67M, while VET’s is up 2% to $79.79M. Growth in transaction volume typically is a signal of growing market interest. According to the crypto platform ChangeNOW, the recent increase suggests accumulation, indicating potential growth for these cryptocurrencies in 2025.

Litecoin and Vechain are on opposite sides of the spectrum in terms of value, however, both have market capitalizations not too far from each other. These market caps are expected to climb in 2025, with both assets hoping for massive surges.

Also Read: BRICS: Trump Tariff Doesn’t Deter Interest as 20 Nations Seek Entry

Price Predictions for Litecoin and VeChain

Source – Facts.net

For LTC, the cryptocurrency has surged by 50% over the past six months. It currently has a resistance level of $150. However, technical indicators like the RSI at 60 and a positive MACD suggest an upward trend beyond this level. A successful breach of $150 could open the door to LTC’s price hitting $190 sometime in the new year.

Currently, analysts at CoinCodex expect further price correction for LTC to end the year. However, market conditions remain bullish, as the analysts project LTC to hit $150 sometime between April and May 2025. This period is seen as a potential hot zone for cryptocurrencies and altcoins next year, with several expected to perform their best next Spring.

Also Read: VeChain Slides to $0.045: Why VET Is Still Poised For 300% Surge in 2025

As for VeChain, CoinCodex analysts expect a similar pattern for VET come next year. In just three months, the prediction is that the altcoin will climb to $ 0.084486, an ROI of around 90%. Come April 2025, the asset could boom even further, with analysts projecting a price of $ 0.146428. An ROI for investors who jump in now could breach over 240% if VET hits these levels.

Altcoin investors are favoring their assets to grow in 2025 thanks to several market conditions backing them. While the altcoin market is competitive, LTC and VET are popular choices that are expected to be frontrunners for growth come the next crypto bull run.

Credit: Source link

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