Litecoin Price Prediction

LTC Price Change 7d -1.5%

Litecoin has been the third cryptocurrency by market capitalization for a very long time. This crypto coin has been active for over nine years now and has managed to be successful for most of this period. At the moment, it is still ranked among the top 30 cryptocurrencies by market cap.

Lately, there has been a lot of talk happening about how Litecoin has “fallen off.” Nowadays, all trending tokens are either attached to a strong brand, have a lot to offer besides being a store of value, or are simply quirky enough to be noticed by millionaires. Despite having a solid technical foundation, Litecoin doesn’t really have any of those things.

However, this cryptocurrency is still going strong, and we are very likely to see the price and market cap of Litecoin rise again in the future.

In this article, we’ll take a look at Litecoin’s fundamentals and its prospects as a long-term investment. Please remember that our LTC price prediction does not constitute investment advice, and you should do your own research before deciding whether it’s a good investment or not.

Litecoin Overview

Litecoin Statistics
Show more
  • Our real-time LTC to USD price update shows the current Litecoin price as $81.92 USD.
  • Our most recent Litecoin price forecast indicates that its value will increase by -8.76% and reach $74.74 by May 10, 2024.
  • Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 57%, with a Fear & Greed Index score of 64 (Greed).
  • Over the last 30 days, Litecoin has had 13/30 (43%) green days and 7.68% price volatility.

Litecoin (LTC) Technical Overview

When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Bearish

Litecoin Profit Calculator

Amount Invested
$
Litecoin
LTC
    All Currencies
  • Bitcoin
    BTC
  • Ethereum
    ETH
  • BNB
    BNB
  • XRP
    XRP
  • Cardano
    ADA
  • Dogecoin
    DOGE
  • Solana
    SOL
  • Polkadot
    DOT
  • TRON
    TRX
  • Litecoin
    LTC
  • Shiba Inu
    SHIB
  • Avalanche
    AVAX
  • Chainlink
    LINK
  • UNUS SED LEO
    LEO
  • Cosmos
    ATOM
  • Uniswap
    UNI
  • Monero
    XMR
  • OKB
    OKB
  • Ethereum Classic
    ETC
  • Toncoin
    TON
  • Stellar
    XLM
  • Kaspa
    KAS
  • Internet Computer
    ICP
  • Bitcoin Cash
    BCH
  • Filecoin
    FIL
  • Cronos
    CRO
  • Lido DAO
    LDO
  • NEAR Protocol
    NEAR
  • Mantle
    MNT
  • Algorand
    ALGO
  • Injective
    INJ
  • The Graph
    GRT
  • EOS
    EOS
  • The Sandbox
    SAND
  • Render
    RNDR
  • Rocket Pool
    RPL
  • BitDAO
    BIT
  • Stacks
    STX
  • dogwifhat
    WIF
  • Decentraland
    MANA
  • Tezos
    XTZ
  • Starknet
    STRK
  • Chiliz
    CHZ
  • Synthetix
    SNX
  • Bitcoin SV
    BSV
  • Neo
    NEO
  • Pepe
    PEPE
  • Klaytn
    KLAY
  • PAX Gold
    PAXG
  • Zcash
    ZEC
  • Bonk
    BONK
  • GMX
    GMX
  • XDC Network
    XDC
  • Terra Classic
    LUNC
  • Beam
    BEAM
  • Optimism
    OP
  • eCash
    XEC
  • Conflux
    CFX
  • IOTA
    MIOTA
  • Huobi Token
    HT
  • Dash
    DASH
  • Ethena
    ENA
  • Frax Share
    FXS
  • Dymension
    DYM
  • Kava
    KAVA
  • Loopring
    LRC
  • Zilliqa
    ZIL
  • Oasis Network
    ROSE
  • PancakeSwap
    CAKE
  • Nexo
    NEXO
  • dYdX (ethDYDX)
    ETHDYDX
  • Convex Finance
    CVX
  • Enjin Coin
    ENJ
  • Gas
    GAS
  • Flare
    FLR
  • Astar
    ASTR
  • Basic Attention Token
    BAT
  • Osmosis
    OSMO
  • ORDI
    ORDI
  • Manta Network
    MANTA
  • NEM
    XEM
  • Akash Network
    AKT
  • Tether Gold
    XAUt
  • Holo
    HOT
  • Core
    CORE
  • Altlayer
    ALT
  • Compound
    COMP
  • Threshold
    T
  • SingularityNET
    AGIX
  • Ravencoin
    RVN
  • Decred
    DCR
  • SKALE
    SKL
  • ICON
    ICX
  • Bitcoin Gold
    BTG
  • UMA
    UMA
  • IoTeX
    IOTX
  • MX TOKEN
    MX
  • Harmony
    ONE
  • Gala
    GALA
  • Decentralized Social
    DESO
  • Helium
    HNT
  • Siacoin
    SC
  • 0x Protocol
    ZRX
  • Pendle
    PENDLE
  • Ontology
    ONT
  • Waves
    WAVES
  • Mask Network
    MASK
  • Reserve Rights
    RSR
  • Ethereum Name Service
    ENS
  • OriginTrail
    TRAC
  • Alchemy Pay
    ACH
  • Biconomy
    BICO
  • JOE
    JOE
  • Amp
    AMP
  • Storj
    STORJ
  • Aragon
    ANT
  • DigiByte
    DGB
  • DAO Maker
    DAO
  • Livepeer
    LPT
  • Dogelon Mars
    ELON
  • Balancer
    BAL
  • Lisk
    LSK
  • Horizen
    ZEN
  • Powerledger
    POWR
  • HEX
    HEX
  • FTX Token
    FTT
  • Baby Doge Coin
    BabyDoge
  • Polymath
    POLY
  • FINSCHIA
    FNSA
  • Telcoin
    TEL
  • Omni Network
    OMNI
  • Nano
    XNO
  • Ark
    ARK
  • Civic
    CVC
  • Xai
    XAI
  • LCX
    LCX
  • Steem
    STEEM
  • Numeraire
    NMR
  • Dent
    DENT
  • Ribbon Finance
    RBN
  • Radworks
    RAD
  • Myro
    MYRO
  • Alephium
    ALPH
  • VeThor Token
    VTHO
  • Ren
    REN
  • WINkLink
    WIN
  • Augur
    REP
  • Neutron
    NTRN
  • HELLO Labs
    HELLO
  • Spell Token
    SPELL
  • Hooked Protocol
    HOOK
  • Pirate Chain
    ARRR
  • SuperVerse
    SUPER
  • Goldfinch
    GFI
  • StormX
    STMX
  • MOBOX
    MBOX
  • MANTRA
    OM
  • Origin Protocol
    OGN
  • Electroneum
    ETN
  • Komodo
    KMD
  • Verge
    XVG
  • SingularityDAO
    SDAO
  • MonaCoin
    MONA
  • Multichain
    MULTI
  • Wirex Token
    WXT
  • ChainGPT
    CGPT
  • Circuits of Value
    COVAL
  • Propchain
    PROPC
  • Coreum
    COREUM
  • TABOO TOKEN
    TABOO
  • Quantstamp
    QSP
  • Hoge Finance
    HOGE
  • GoChain
    GO
  • Mintlayer
    ML
  • Crypterium
    CRPT
  • Energi
    NRG
  • Bitcoin Standard Hashrate Token
    BTCST
  • Ariva
    ARV
  • Gorilla
    GORILLA
  • Mithril
    MITH
  • XCarnival
    XCV
  • Neblio
    NEBL
  • KickToken
    KICK
  • Aion
    AION
  • Mytheria
    MYRA
  • XEN Crypto
    XEN
  • EGO
    EGO
  • Dmail Network
    DMAIL
  • Nerd Bot
    NERD
  • Magic Square
    SQR
  • Farcana
    FAR
  • Nosana
    NOS
  • Peng
    PENG
  • Velodrome Finance
    VELO
  • Forward Protocol
    FORWARD
  • DragonCoin
    DRAGON
  • Patex
    PATEX
  • Bull Token
    BULL
  • Chuck Norris
    CHUCK
  • Everyworld
    EVERY
  • Velar
    VELAR
  • Eesee
    ESE
  • HugeWin
    HUGE
  • CYBONK
    CYBONK
  • GUMMY
    GUMMY
  • ApeWifHat
    APEWIFHAT
  • mfercoin
    $mfer
  • BookOfPussyCats
    BOCA
  • Hump
    HUMP
  • The Simpsons
    DONUTS
  • Wormhole (IOU)
    W
  • Speedy
    SPEEDY
  • Kishu Inu
    KISHU
  • BRC-20 DEX
    BD20
  • Jupiter
    JUP
  • Bombcrypto
    BCOIN
  • Immutable
    DARA
Date Buy
Date Sold
Profit calculation please wait...

Litecoin (LTC) Price Prediction For Today, Tomorrow and Next 30 Days

Date Price Change
May 09, 2024$81.85-0.09%
May 10, 2024$82.670.92%
May 11, 2024$74.74-8.76%
May 12, 2024$74.06-9.59%
May 13, 2024$74.83-8.65%
May 14, 2024$75.48-7.86%
May 15, 2024$76.60-6.49%
May 16, 2024$76.27-6.9%
May 17, 2024$76.36-6.79%
May 18, 2024$77.18-5.79%
May 19, 2024$78.82-3.78%
May 20, 2024$78.64-4%
May 21, 2024$78.74-3.88%
May 22, 2024$76.54-6.57%
May 23, 2024$76.67-6.41%
May 24, 2024$77.44-5.47%
May 25, 2024$76.90-6.13%
May 26, 2024$75.61-7.7%
May 27, 2024$75.27-8.12%
May 28, 2024$76.07-7.14%
May 29, 2024$77.17-5.8%
May 30, 2024$78.19-4.55%
May 31, 2024$80.29-1.99%
June 01, 2024$80.88-1.27%
June 02, 2024$80.64-1.56%
June 03, 2024$82.280.44%
June 04, 2024$80.68-1.51%
June 05, 2024$82.000.1%
June 06, 2024$81.76-0.2%
June 07, 2024$81.02-1.1%

Litecoin Prediction Table

2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
Month Minimum Price Average Price Maximum Price Potential ROI
May $74.06 $78.37 $82.67
2.1%
June $80.29 $84.45 $88.61
9.5%
July $86.48 $88.79 $91.09
12.5%
August $82.25 $86.18 $90.10
11.3%
September $76.88 $82.78 $88.67
9.6%
October $79.48 $82.73 $85.98
6.2%
November $74.07 $78.05 $82.02
1.3%
December $73.76 $75.94 $78.12
-3.5%
January $74.33 $75.67 $77
-4.9%
All Time $77.96 $81.44 $84.92
4.9%
Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050

Litecoin Historical

According to the latest data gathered, the current price of Litecoin is $$81.38, and LTC is presently ranked No. 20 in the entire crypto ecosystem. The circulation supply of Litecoin is $6,063,188,406.28, with a market cap of 74,500,606 LTC.

In the past 24 hours, the crypto has increased by $0.07 in its current value.

For the last 7 days, LTC has been in a good upward trend, thus increasing by 2.5%. Litecoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of LTC has increased by 19.14%, adding a colossal average amount of $15.58 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

Litecoin Price Prediction 2024

According to the technical analysis of Litecoin prices expected in 2024, the minimum cost of Litecoin will be $$73.76. The maximum level that the LTC price can reach is $$82.43. The average trading price is expected around $$91.09.

Potential ROI: 1.8%

LTC Price Forecast for May 2024

Based on the price fluctuations of Litecoin at the beginning of 2023, crypto experts expect the average LTC rate of $$78.37 in May 2024. Its minimum and maximum prices can be expected at $$74.06 and at $$82.67, respectively.

Potential ROI: 2.1%

June 2024: Litecoin Price Forecast

Cryptocurrency experts are ready to announce their forecast for the LTC price in June 2024. The minimum trading cost might be $$80.29, while the maximum might reach $$88.61 during this month. On average, it is expected that the value of Litecoin might be around $$84.45.

Potential ROI: 9.5%

LTC Price Forecast for July 2024

Crypto analysts have checked the price fluctuations of Litecoin in 2023 and in previous years, so the average LTC rate they predict might be around $$88.79 in July 2024. It can drop to $$86.48 as a minimum. The maximum value might be $$91.09.

Potential ROI: 12.5%

August 2024: Litecoin Price Forecast

In the middle of the year 2023, the LTC price will be traded at $$86.18 on average. August 2024 might also witness an increase in the Litecoin value to $$90.10. It is assumed that the price will not drop lower than $$82.25 in August 2024.

Potential ROI: 11.3%

LTC Price Forecast for September 2024

Crypto experts have analyzed Litecoin prices in 2023, so they are ready to provide their estimated trading average for September 2024 — $$82.78. The lowest and peak LTC rates might be $$76.88 and $$88.67.

Potential ROI: 9.6%

October 2024: Litecoin Price Forecast

Crypto analysts expect that at the end of summer 2023, the LTC price will be around $$82.73. In October 2024, the Litecoin cost may drop to a minimum of $$79.48. The expected peak value might be $$85.98 in October 2024.

Potential ROI: 6.2%

LTC Price Forecast for November 2024

Having analyzed Litecoin prices, cryptocurrency experts expect that the LTC rate might reach a maximum of $$82.02 in November 2024. It might, however, drop to $$74.07. For November 2024, the forecasted average of Litecoin is nearly $$78.05.

Potential ROI: 1.3%

December 2024: Litecoin Price Forecast

In the middle of autumn 2023, the Litecoin cost will be traded at the average level of $$75.94. Crypto analysts expect that in December 2024, the LTC price might fluctuate between $$73.76 and $$78.12.

Potential ROI: -3.5%

LTC Price Forecast for January 2025

Market experts expect that in January 2025, the Litecoin value will not drop below a minimum of $$74.33. The maximum peak expected this month is $$77. The estimated average trading value will be at the level of $$75.67.

Potential ROI: -4.9%

Litecoin Price Prediction 2025

After the analysis of the prices of Litecoin in previous years, it is assumed that in 2025, the minimum price of Litecoin will be around $$144.28. The maximum expected LTC price may be around $$172.26. On average, the trading price might be $$149.32 in 2025.

Month Minimum Price Average Price Maximum Price
January 2025 $79.64 $95.94 $89.92
February 2025 $85.51 $100.80 $97.40
March 2025 $91.39 $105.65 $104.89
April 2025 $97.27 $110.50 $112.37
May 2025 $103.14 $115.35 $119.86
June 2025 $109.02 $120.21 $127.35
July 2025 $114.90 $125.06 $134.83
August 2025 $120.77 $129.91 $142.32
September 2025 $126.65 $134.76 $149.80
October 2025 $132.53 $139.62 $157.29
November 2025 $138.40 $144.47 $164.77
December 2025 $144.28 $149.32 $172.26

Potential ROI: 112.8%

Litecoin Price Prediction 2026

Based on the technical analysis by cryptocurrency experts regarding the prices of Litecoin, in 2026, LTC is expected to have the following minimum and maximum prices: about $$213.07 and $$256.75, respectively. The average expected trading cost is $$219.04.

Month Minimum Price Average Price Maximum Price
January 2026 $150.01 $155.13 $179.30
February 2026 $155.75 $160.94 $186.34
March 2026 $161.48 $166.75 $193.38
April 2026 $167.21 $172.56 $200.42
May 2026 $172.94 $178.37 $207.46
June 2026 $178.68 $184.18 $214.51
July 2026 $184.41 $189.99 $221.55
August 2026 $190.14 $195.80 $228.59
September 2026 $195.87 $201.61 $235.63
October 2026 $201.61 $207.42 $242.67
November 2026 $207.34 $213.23 $249.71
December 2026 $213.07 $219.04 $256.75

Potential ROI: 217.2%

Litecoin Price Prediction 2027

The experts in the field of cryptocurrency have analyzed the prices of Litecoin and their fluctuations during the previous years. It is assumed that in 2027, the minimum LTC price might drop to $$309.51, while its maximum can reach $$370.75. On average, the trading cost will be around $$318.27.

Month Minimum Price Average Price Maximum Price
January 2027 $221.11 $227.31 $266.25
February 2027 $229.14 $235.58 $275.75
March 2027 $237.18 $243.85 $285.25
April 2027 $245.22 $252.12 $294.75
May 2027 $253.25 $260.39 $304.25
June 2027 $261.29 $268.66 $313.75
July 2027 $269.33 $276.92 $323.25
August 2027 $277.36 $285.19 $332.75
September 2027 $285.40 $293.46 $342.25
October 2027 $293.44 $301.73 $351.75
November 2027 $301.47 $310 $361.25
December 2027 $309.51 $318.27 $370.75

Potential ROI: 358.1%

Litecoin Price Prediction 2028

Based on the analysis of the costs of Litecoin by crypto experts, the following maximum and minimum LTC prices are expected in 2028: $$532.61 and $$436.44. On average, it will be traded at $$449.17.

Month Minimum Price Average Price Maximum Price
January 2028 $320.09 $329.18 $384.24
February 2028 $330.67 $340.09 $397.73
March 2028 $341.24 $351 $411.22
April 2028 $351.82 $361.90 $424.70
May 2028 $362.40 $372.81 $438.19
June 2028 $372.98 $383.72 $451.68
July 2028 $383.55 $394.63 $465.17
August 2028 $394.13 $405.54 $478.66
September 2028 $404.71 $416.45 $492.15
October 2028 $415.29 $427.35 $505.63
November 2028 $425.86 $438.26 $519.12
December 2028 $436.44 $449.17 $532.61

Potential ROI: 558%

Litecoin Price Prediction 2029

Crypto experts are constantly analyzing the fluctuations of Litecoin. Based on their predictions, the estimated average LTC price will be around $$678.43. It might drop to a minimum of $$660.46, but it still might reach $$760.47 throughout 2029.

Month Minimum Price Average Price Maximum Price
January 2029 $455.11 $468.28 $551.60
February 2029 $473.78 $487.38 $570.59
March 2029 $492.45 $506.49 $589.58
April 2029 $511.11 $525.59 $608.56
May 2029 $529.78 $544.70 $627.55
June 2029 $548.45 $563.80 $646.54
July 2029 $567.12 $582.91 $665.53
August 2029 $585.79 $602.01 $684.52
September 2029 $604.46 $621.12 $703.51
October 2029 $623.12 $640.22 $722.49
November 2029 $641.79 $659.33 $741.48
December 2029 $660.46 $678.43 $760.47

Potential ROI: 839.5%

Litecoin Price Prediction 2030

Every year, cryptocurrency experts prepare forecasts for the price of Litecoin. It is estimated that LTC will be traded between $$914.31 and $$1,108 in 2030. Its average cost is expected at around $$948.24 during the year.

Month Minimum Price Average Price Maximum Price
January 2030 $681.61 $700.91 $789.43
February 2030 $702.77 $723.40 $818.39
March 2030 $723.92 $745.88 $847.35
April 2030 $745.08 $768.37 $876.31
May 2030 $766.23 $790.85 $905.27
June 2030 $787.39 $813.34 $934.24
July 2030 $808.54 $835.82 $963.20
August 2030 $829.69 $858.30 $992.16
September 2030 $850.85 $880.79 $1,021.12
October 2030 $872 $903.27 $1,050.08
November 2030 $893.16 $925.76 $1,079.04
December 2030 $914.31 $948.24 $1,108

Potential ROI: 1268.9%

Litecoin Price Prediction 2031

Cryptocurrency analysts are ready to announce their estimations of the Litecoin’s price. The year 2031 will be determined by the maximum LTC price of $$1,599. However, its rate might drop to around $$1,300. So, the expected average trading price is $$1,338.

Month Minimum Price Average Price Maximum Price
January 2031 $946.45 $980.72 $1,148.92
February 2031 $978.59 $1,013.20 $1,189.83
March 2031 $1,010.73 $1,045.68 $1,230.75
April 2031 $1,042.87 $1,078.16 $1,271.67
May 2031 $1,075.01 $1,110.64 $1,312.58
June 2031 $1,107.16 $1,143.12 $1,353.50
July 2031 $1,139.30 $1,175.60 $1,394.42
August 2031 $1,171.44 $1,208.08 $1,435.33
September 2031 $1,203.58 $1,240.56 $1,476.25
October 2031 $1,235.72 $1,273.04 $1,517.17
November 2031 $1,267.86 $1,305.52 $1,558.08
December 2031 $1,300 $1,338 $1,599

Potential ROI: 1875.5%

Litecoin Price Prediction 2032

After years of analysis of the Litecoin price, crypto experts are ready to provide their LTC cost estimation for 2032. It will be traded for at least $$1,935, with the possible maximum peaks at $$2,289. Therefore, on average, you can expect the LTC price to be around $$2,002 in 2032.

Month Minimum Price Average Price Maximum Price
January 2032 $1,352.92 $1,393.33 $1,656.50
February 2032 $1,405.83 $1,448.67 $1,714
March 2032 $1,458.75 $1,504 $1,771.50
April 2032 $1,511.67 $1,559.33 $1,829
May 2032 $1,564.58 $1,614.67 $1,886.50
June 2032 $1,617.50 $1,670 $1,944
July 2032 $1,670.42 $1,725.33 $2,001.50
August 2032 $1,723.33 $1,780.67 $2,059
September 2032 $1,776.25 $1,836 $2,116.50
October 2032 $1,829.17 $1,891.33 $2,174
November 2032 $1,882.08 $1,946.67 $2,231.50
December 2032 $1,935 $2,002 $2,289

Potential ROI: 2728%

Litecoin Price Prediction 2033

Cryptocurrency analysts are ready to announce their estimations of the Litecoin’s price. The year 2033 will be determined by the maximum LTC price of $$3,333. However, its rate might drop to around $$2,726. So, the expected average trading price is $$2,826.

Month Minimum Price Average Price Maximum Price
January 2033 $2,000.92 $2,070.67 $2,376
February 2033 $2,066.83 $2,139.33 $2,463
March 2033 $2,132.75 $2,208 $2,550
April 2033 $2,198.67 $2,276.67 $2,637
May 2033 $2,264.58 $2,345.33 $2,724
June 2033 $2,330.50 $2,414 $2,811
July 2033 $2,396.42 $2,482.67 $2,898
August 2033 $2,462.33 $2,551.33 $2,985
September 2033 $2,528.25 $2,620 $3,072
October 2033 $2,594.17 $2,688.67 $3,159
November 2033 $2,660.08 $2,757.33 $3,246
December 2033 $2,726 $2,826 $3,333

Potential ROI: 4017.9%

Litecoin Price Prediction 2040

According to the technical analysis of Litecoin prices expected in 2040, the minimum cost of Litecoin will be $$51,365. The maximum level that the LTC price can reach is $$63,769. The average trading price is expected around $$55,433.

Month Minimum Price Average Price Maximum Price
January 2040 $6,779.25 $7,209.92 $8,369.33
February 2040 $10,832.50 $11,593.83 $13,405.67
March 2040 $14,885.75 $15,977.75 $18,442
April 2040 $18,939 $20,361.67 $23,478.33
May 2040 $22,992.25 $24,745.58 $28,514.67
June 2040 $27,045.50 $29,129.50 $33,551
July 2040 $31,098.75 $33,513.42 $38,587.33
August 2040 $35,152 $37,897.33 $43,623.67
September 2040 $39,205.25 $42,281.25 $48,660
October 2040 $43,258.50 $46,665.17 $53,696.33
November 2040 $47,311.75 $51,049.08 $58,732.67
December 2040 $51,365 $55,433 $63,769

Potential ROI: 78685.5%

Litecoin Price Prediction 2050

After the analysis of the prices of Litecoin in previous years, it is assumed that in 2050, the minimum price of Litecoin will be around $$70,634. The maximum expected LTC price may be around $$81,879. On average, the trading price might be $$74,335 in 2050.

Month Minimum Price Average Price Maximum Price
January 2050 $52,970.75 $57,008.17 $65,278.17
February 2050 $54,576.50 $58,583.33 $66,787.33
March 2050 $56,182.25 $60,158.50 $68,296.50
April 2050 $57,788 $61,733.67 $69,805.67
May 2050 $59,393.75 $63,308.83 $71,314.83
June 2050 $60,999.50 $64,884 $72,824
July 2050 $62,605.25 $66,459.17 $74,333.17
August 2050 $64,211 $68,034.33 $75,842.33
September 2050 $65,816.75 $69,609.50 $77,351.50
October 2050 $67,422.50 $71,184.67 $78,860.67
November 2050 $69,028.25 $72,759.83 $80,369.83
December 2050 $70,634 $74,335 $81,879

Potential ROI: 101060.1%

What Is Litecoin?

Litecoin Logo

Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency created by Charlie Lee, a former Google employee, in 2011. The LTC network was designed to solve its elder brother’s network problems, such as transaction speed, scalability, and high commission fees for each financial transaction made on the blockchain.

Litecoin used to be one of the first cryptocurrencies people learned of when they entered the market. As a fork of Bitcoin, the LTC network is based on the BTC protocol. Some of the things they have in common are anonymity, decentralization, the ability to be mined, and the consensus mechanism (Proof-of-Work).

In 2016, Litecoin became the second-biggest cryptocurrency, overtaking all existing altcoins at that time. The project aimed not only to boost the rate of Litecoin’s price growth but also to promote LTC as a trustless peer-to-peer medium of exchange.

Litecoin Price Chart
Litecoin Price Chart, Source: CoinMarketCap

The Litecoin Foundation has never claimed to compete with Bitcoin directly. On the contrary, they believed that Bitcoin would serve as the fundamental digital coin. Meanwhile, Litecoin was supposed to modestly take the place of a useful alternative.

Litecoin has had a few price surges since 2016 but has started slowly falling down the market cap rankings. That happened in part due to the fact that the cryptocurrency market grew exponentially, and with it, the amount of competition Litecoin had. 

Crypto Price Alerts
Get daily alerts on price changes of the top 10 cryptocurrencies.

Digital assets like Ethereum, which were more technologically advanced than the Litecoin cryptocurrency, attracted more crypto investors. Nowadays, LTC is still used for quick and cheap transactions, but a lot of Litecoin predictions state that the coin needs wider adoption and more partnerships to truly shine.

Now, let’s take a look at the result of the LTC technical analysis performed by Trading View. It is updated in real time.

A “buy” signal means that Litecoin’s price is expected to rise in the near future. A “sell” signal means that the coin is likely to decline in value soon. This type of analysis is best suited for short-term price predictions.

Litecoin Prediction by Experts

Despite not being among the top 10 cryptocurrencies by market capitalization, Litecoin is still an incredibly popular cryptocurrency. As a result, there are quite a lot of Litecoin price predictions out there made by top industry analysts. Here are some of them.

Price Prediction

Traders

The Price Prediction platform’s Litecoin forecast is unbelievably bullish. It is probably one of the most optimistic LTC price predictions you will find. They expect this coin to grow tenfold in just five years and can see Litecoin’s future price crossing over the $3K mark before this decade is over.

Can’t load widget

Digital Coin Price

Like most other Litecoin price forecasts, the one from Digital Coin Price is also bullish on this digital asset. Their price prediction sees the coin’s price doubling in value over the next five years.

GOV Capital

GOV Capital also has a positive outlook on the future of Litecoin. Although they are bearish on it in the short term, they expect LTC to start rising again sometime next year.

Wallet Investor

Wallet Investor’s LTC price prediction is moderately bullish in the short run but expects this coin to go through a period of explosive growth in five years. They think that Litecoin may double its price by 2027.

TradingBeasts

Unlike most other platforms, TradingBeasts is bearish on LTC. They think that Litecoin’s price and market cap are going to decline in both the short- and the long run. 

Their Litecoin forecast has the coin declining until the end of 2023. Then, TradingBeasts predicts that Litecoin’s price will start rising again. However, they do not see LTC hitting a new ATH in the next few years.


You can buy LTC or exchange Litecoin at great rates and with low fees on Changelly.

In order to get any cryptocurrency, you will need a crypto wallet that supports it.

FAQ

How high can Litecoin’s price realistically go?

Litecoin’s all-time high is a little over $400. At the moment, we think that, realistically, the LTC price can go up to about $1,000 — at least in the near future.

Should I buy Litecoin or Ethereum?

Both ETH and LTC are high-risk, high-reward assets. Although Ethereum would usually be a better fit for most portfolios, you should research both of these crypto assets before you make up your mind.

Is Bitcoin better than Litecoin?

Litecoin and Bitcoin have many similarities — after all, LTC is a fork of BTC. Nonetheless, they have different hash functions, and Litecoin was specifically designed to process transactions four times faster than Bitcoin. However, Bitcoin has a much higher market cap and price.

What is better than Litecoin?

There are many cryptocurrencies that can be considered “better” than Litecoin on a technical level — for example, Ethereum. However, that does not mean LTC is bad or useless — it simply offers something different.

Is Litecoin truly decentralized?

Although Litecoin is technically decentralized by design, it has a single, well-known creator — Charlie Lee. This means that there is a person out there who has at least some additional influence over the project. However, it is still considered fully decentralized by the community.

Does Litecoin use Proof-of-Work?

Just like Bitcoin, Litecoin uses the Proof-of-Work consensus mechanism.

Will Litecoin survive?

Only time will tell. Litecoin has the support and the technical foundation to survive in the long term, but it does not really offer anything other cryptocurrencies don’t have. Its survival will depend on how many businesses will adopt it, government regulation, and the competition within the crypto market.

Most Litecoin forecasts are bullish on this coin, and those that are not still don’t see it crashing. As long as the crypto market continues to exist, so does Litecoin — at least in the next decade. However, it remains to be seen whether LTC will be a profitable long-term investment.


Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.