The post Litecoin Price Prediction 2024 – 2030: Will LTC Price Cross $100 in 2024? appeared first on Coinpedia Fintech News
Story Highlights
LTC price could possibly reach a maximum of $187.27 by the end of 2024.
Litecoin price with a potential surge could reach a maximum of $497.748 by the end of 2030.
Litecoin price today is .
With Bitcoin price struggling to sustain the bullish momentum after the recent Spot ETF approvals, the hard forks of Bitcoin are slowly losing momentum. Further, Litecoin has slowly started to gain momentum and teases a breakout rally shortly to reach the $100 mark.
After a quick drop in the first week of 2024, Litecoin (LTC) price skyrocketed and projects a bullish continuation in the coming weeks. Moreover, bullish events like Bitcoin halving and potential rate cuts can influence a rise in bullish trend momentum over Litecoin.
This flurry of activity naturally sparks questions among investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) cross $100 in 2024? Such questions put the Litecoin price prediction under the indecisive box.
To help you navigate these queries, we’ve crafted an in-depth Litecoin price prediction 2024-2030 article. It covers all the major updates, news, and technical analysis that could help your decision-making process.
So, let’s head on to the latest Litecoin (LTC) price predictions for 2024 – 2025 and the years to come!
Table of contents
Story HighlightsOverviewLitecoin Price Prediction July 2024Factors that could impact LTC’s Price in 2024:LTC Price Prediction 2025LTC Price Prediction 2026 – 2030LTC Price Prediction 2026 :LTC Price Prediction 2027 :LTC Price Prediction 2028 :LTC Price Prediction 2029 :LTC Price Prediction 2030 :Litecoin Historical Market SentimentsFAQs
Overview
CryptocurrencyTokenPrice Market CapTrading VolumeCirculating SupplyAll-time High$412.96 May 10, 2021All-time Low$1.11 Jan 15, 201524 High24 Low
Litecoin Price Prediction July 2024
Litecoin price action showcases a bullish attempt to conclude the long-coming consolidation phase with an upside breakout. However, the constant rejections close to the $80 barrier lead to multiple rejections and prolong the consolidation.
The recent downfall in LTC price leads to a price drop to the $60 support zone with a lower price rejection revealing strong demand at lower levels.
Read more on the Bitcoin price prediction for a comprehensive look at the upcoming spot ETF decision by the SEC.
If the recovery rally surpasses the 200D EMA, the LTC price action will signal a breakout rally and tease a jump to $100. Conversely, a reversal from the 200D EMA will trigger a sharp sell-off to test the $50 support level.
Litecoin price predictionPotential Low ($)Average Price ($)Potential High ($)July 2024$50$75$100
Litecoin Price Prediction 2024
Litecoin is a peer-to-peer cryptocurrency allowing anyone to transact without permission. It is not subject to government or financial institution control.
So far, 2024 has been a mixed bag for Litecoin, with a bearish week to start and a remarkable bullish jump in the next. Currently, the bullish struggle to cross the 200D EMA remains a pivotal stop in the LTC price trend.
With projected network growth, increased adoption, and the bullish support anticipated from the Bitcoin halving, LTC’s price could significantly surge in 2024. Our analysis suggests that Litecoin could reach a high of $187.27 by mid-2024.
However, market exhaustion during the second half could potentially lead to a price drop, bringing LTC down to around $113.61. Despite this potential dip, the average price for Litecoin in 2024 is projected to be around $150.44.
Can Litecoin Be Halved? When is the Next Litecoin Halving Event?
Yes, Litecoin can be halved, employing a mechanism similar to Bitcoin’s that reduces the block reward by half approximately every four years. The most recent Litecoin halving occurred in August 2023, successfully completing the procedure.
The next Litecoin halving event is estimated to take place in July 2027. This halving mechanism is crucial as it helps manage the supply of Litecoin, potentially leading to price increases over time as the rate of new coin production slows.
Factors that could impact LTC’s Price in 2024:
Bitcoin price movements: Litecoin’s price often rises or falls based on Bitcoin prices due to their solid historical correlation. If Bitcoin continues its bull run in 2024 and rises significantly in value, Litecoin is likely to follow the same trend upward.
Adoption for payments: Increased adoption of Litecoin for global payments and cross-border money transfers by merchants worldwide could generate further demand. The more businesses and consumers use LTC for payments, the higher its price potential.
Regulatory clarity: Greater regulatory clarity around cryptocurrency regulations worldwide in 2024 may encourage increased institutional investor participation. This could see bigger inflows of money into the crypto space and benefit Litecoin prices.
LTC Price PredictionPotential Low ($)Average Price ($)Potential High ($)2024$113.61$150.44$187.27
LTC Price Prediction 2025
Litecoin is a feasible alternative to Bitcoin in all aspects, which makes it attractive to many traders. If the network succeeds in lowering the block time, it could even compete with Bitcoin.
If major financial institutions collaborate with Litecoin, then the price could soar to $217.76 in 2025.
However, LTC users are concerned about new regulations. If the market crashes in the coming years, the price of Litecoin could drop to $144.11. However, long-term investors are likely to hold on to the currency, so the average price of LTC is expected to be $180.94.
Litecoin price predictionPotential Low ($)Average Price ($)Potential High ($)2025$144.11$180.94$217.76
LTC Price Prediction 2026 – 2030
Litecoin price predictionPotential Low ($)Potential Average($)Potential High ($)2026$207.30$234.11$260.922027$232.78$283.39$334.002028$280.95$330.84$380.722029$379.74$412.04$444.342030$402.23$465.40$528.57
LTC Price Prediction 2026:
By 2026, LTC’s potential low price could be $207.30, with an average price projected at $234.11, and a high price of $260.92.
LTC Price Prediction 2027:
In 2027, LTC is forecasted to potentially reach a low price of $232.78, an average price of $283.39, and a high price of $334.00.
LTC Price Prediction 2028:
Moving into 2028, the potential low price for LTC is projected to be $280.95, while the average price is expected to be around $330.84. The potential high price for LTC in 2028 is estimated to reach $380.72.
LTC Price Prediction 2029:
Looking ahead to 2029, LTC has the potential to reach a low price of $379.74, an average price of $412.04, and a high price of $444.34.
LTC Price Prediction 2030:
Finally, in 2030, LTC is predicted to have a low price of $402.23, an average price of $465.40, and a high price of $528.57.
Litecoin (LTC) Price Prediction 2024 – 2030
Litecoin Market Analysis
Firm Name20242025DigitalCoinPrice$240.70$338.93Gov.Capital$33.54$485.34
*The targets above are the average targets set by the respective firms.
CoinPedia’s Litecoin Price Prediction
According to Coinpedia’s formulated Litecoin price prediction, several well-known institutions may invest in and accept LTC as payment in the future. Moreover, the increasing number of events that can directly affect LTC price will improve social sentiment.
If the coin gains some hype in the coming months then the LTC price can hit $187.27 in 2024. However, a rise in bearish influence can drop Litecoin to $113.61 by the end of 2024.
We expect the LTC coin price to reach a new swing-high of $187.27 in 2024.
LTC Price PredictionPotential Low ($)Average Price ($)Potential High ($)2024$113.61$150.44$187.27
AI-Based Litecoin (LTC) Price Prediction
Portfolio Pilot, an AI-powered platform that predicts asset prices, has predicted that the price of LTC will reach $167.61 by the end of June 2024. Further, this prediction is based on a number of factors, including:
Current market conditions
The performance of LTC in the past
The platform’s own algorithms
It is important to note that this is just a prediction, and the actual price of LTC could be higher or lower than this.
Litecoin Historical Market Sentiments
What was the initial price of Litecoin (LTC)?
The initial price of Litecoin (LTC) was $0.30 in 2011.
What is the all-time low (ATL) price of Litecoin (LTC)?
The all-time low price of Litecoin was $1.11 on January 15, 2015.
What is the all-time high (ATH) price of Litecoin (LTC)?
The all-time high price of Litecoin was $412.96 on May 10, 2021.
What is the year-to-date (YTD) performance of Litecoin (LTC)?
Litecoin has a year-to-date (YTD) growth of -10%.
Upcoming halving event: Litecoin’s next halving event is expected to occur in July of 2027, cutting its block reward by half. Prior LTC halving has resulted in a price rise in the aftermath.
FAQs
Yes, Litecoin can be a good investment option, if you are considering it for the long term.
The price of LTC could possibly reach its maximum of $131.03 by the end of 2024.
Yes, Litecoin can be halved, it was in August 2023 when it had completed the halving procedure. The next LTC halving event will take place in July of 2027.
Litecoin’s price could hit its peak price of $217.76 by the end of 2025. With a potential surge, the price may go as high as $ 528.57 by the end of 2030.
Litecoin can be traded across exchanges like Binance, Bitrue, Coinbase Pro, OKEx, and HitBTC, amongst others.