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Litecoin(LTC) Price Prediction: Can LTC Price Hit INR 15,000 In April?

Investing in Crypto Assets

Key Takeaways:

Litecoin Price Analysis:  Will LTC Price Hit INR 12,000 in April?

The start of the April trade was pretty bullish but after a couple of days, the price slashed by more than 18% and could manage to recover by only 5.39% at the press time. With a fortnight of trade remaining this month, one can expect a choppy trade below INR 10,000. 

The possibility of the asset again rejecting the INR 10,000 levels is very high and hence the traders need to be more cautious entering the long trade. However, after the minor rejection, the price may rebound with strong velocity to ignite a healthy uptrend for the next month.

Litecoin Price Prediction: How High Will LTC Price Go in 2022?

Litecoin price showcased a huge strength during the 2021 bull run and smashed highs above INR 32,400. Woefully, the asset maintained a strong descending trend since then, while each attempt at a rebound is failing miserably.

The LTC price is consolidating and may rebound above INR 10,000 only with a significant change in the market trends. The higher levels the asset may reach in 2022 may be around INR 22,500 to INR 24,000. And with the presence of bears, the price may be restricted below INR 20,000 but after reaching the yearly highs.

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The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


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