- The Litecoin(LTC) price closed the previous day’s trade at INR 4223.98 with a market capitalization of INR 296.25 billion and a circulating supply of 70,542,243.78 LTC
- The LTC price is gaining significant bullish momentum over the past couple of days and hence a strong upswing may be expected soon
Price Comparison Table (2017-22)
|Year||End of Year Price||% Change|
* At press time
Check the latest prices, charts, and data of LTC/USDT
Litecoin Price Prediction 2022: LTC Price Predicted to Reach INR 6685 to INR 8120 by end of 2022
Litecoin, after a pretty long time had smashed the highs above INR 32,000 for the first time since its inception, maintained a steep descending trend thereafter. The veteran token did rebound from the lows to above INR 21,000 but eventually slipped back below INR 5000 at the press time. The asset currently appears to have halted the descending trend aiming to regain its lost levels above INR 6000 at the earliest.
The price with ease in the market conditions could quickly regain its position above INR 5000 and range close to INR 6000. As the asset had earlier consolidated at these levels for a long time, it may find it a little difficult to break these levels. But eventually coils slice through the consolidation and hit INR 6500 by the end of Q3. To end the yearly trade, the LTC price may rise high towards the crucial INR 8000 and continue to trade around these levels.
Litecoin Price Prediction 2023: LTC Price Predicted to Reach INR 9685 to INR 12,743 by end of 2023
Litecoin may start the 2023 trade with a quick jump beyond INR 7000 levels. Continuing with an upswing the price may test the crucial resistance at INR 8025 and after a brief consolidation, the asset may break upwards. Therefore, by the end of the first half of 2023, the LTC price is expected to hover close to INR 9000.
Further, the asset is expected to break above INR 10,000 and quickly get rejected from the resistance at INR 10,025. After a brief pullback to INR 9245, the prices may rebound above these levels again. By the end of Q3, the price could hover around INR 11,584 and could rise high beyond INR 12,000 in Q4. By the end of 2023, the prices are expected to trade around INR 12,500.
Litecoin Price Prediction 2024: LTC Price Predicted to Reach INR 17,590 to INR 21, 000 by end of 2024
After a bullish close for the year 2024, the LTC price could begin the 2024 trade by standing strong above INR 12,000. The price may remain bullish ahead by maintaining a decent upswing, nullifying the bearish impact. By the end of Q2, the price may find it a little difficult to slice through the crucial INR 14,025 resistance levels.
Here price may also get rejected for a while and drop below INR 13,500, however, the bulls are expected to enter and stabilize the price. Further, the price may quickly secure the levels above INR 15,800 by the end of Q3. To end the yearly trade, the LTC price may trade somewhere around INR 17,500 and in an extended bullish case, it may even test levels beyond INR 20,000.
Litecoin Price Prediction 2025: LTC Price Predicted to Reach INR 27,300 to INR 30,500 by end of 2025
The LTC price could begin the 2025 trade close to INR 20,000 and quickly materialize levels beyond INR 22,000. By the end of Q1 2025, the LTC price could trade around INR 25,000 and may face a slight pullback followed by a minor consolidation during the first few days of Q2. Further, the asset may ignite a strong rebound and may rise high to reach INR 27,000 before the end of Q2.
After surging to these levels, the LTC price may be poised to form a new ATH at the earliest. Therefore, quashing the bears the price may continue testing higher resistance at INR 27,480, later at INR 27,804 and finally at INR 28,593. Once all the resistance is cleared successfully, the LTC price could range high beyond INR 30,000 to end the 2025 trade. In an extended bull run, the price may also range high beyond INR 31,000.
Factors Affecting Litecoin(LTC) Price
- The recent launch of the MimbleWimble upgrade which is mainly privacy-centric caused some of the exchanges to delist the coin
- Litecoin may soon be earned as a reward with American express cards as the platform recently launched its first crypto product.
How & Where to Invest in Litecoin (LTC)
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
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