BCH) will happen this year. The most reliable ATH price (that we use for our Litecoin price prediction) is on the price-tracking website CoinMarketCap. well-known experts’ public statements, in which they predicted a rise in the price of the coin to $50; LTC was traded significantly cheaper than BTC, which allowed “digital gold” holders to use it to buy cheap “silver”; psychology of the masses, who believe that they have missed the chance to earn money on BTC, and who want to grab at least LTC. It was called “digital silver”. However, it opens up a good runway for future acceleration and “Moon flight”. Litecoin Price Forecast: Historical Analysis, LTC Price Predictions: Growth Factor Analysis. This is what Charlie Lee focuses on. It is in the winter of 2019 that a new wave of growth in the market is expected. However, we cannot give you any guarantees. Litecoin price prediction for 2022-2023. On June 22, the price of Litecoin reached a high of $140 price level. This absolutely does not mean that we should wait another 3 years for the next growth. The market where this coin is traded at $100-120 is a logical outcome of events. Growth at the beginning of the year, fall in the middle, new growth at the end. Anyone think this October Google should do a Google Doodle for Litecoin's 10th birthday to pay tribute to it and their former employee Charlie Lee who used to be a Google Engineer? There is an inseparable connection between the a cryptocurrency/token price and its mining. Looks like you're using new Reddit on an old browser. Please note that Bitcoin and Litecoin graphs are very similar. … This cannot be called a fundamental growth, but it significantly affects the spread of the crypto and the growth of its popularity, which will later serve as the basis for the formation of a high market price. This was followed by a 3-year flat. Merchant can advertise their services only once. However, the bear market in 2018 most likely led to the oversold condition at LTC market. Please note that billionaire Warren Buffett also has not given predictions about Litecoin’s future (although you can find information on the Internet that he allegedly has done that). Litecoin price news. LTC is very popular with investors, traders and those who want to make quick and convenient cryptocurrency transactions, for more than seven years. In February 2018, we all expected new heights from the market (yes, and you, too, waited Moon, we know that). The market will develop in an upward direction, avoiding unnatural pumping. Press question mark to learn the rest of the keyboard shortcuts. Against the background of general trends, an incredible increase in January 2018 was shown (for “digital silver”, this is December 2017) and a proportional fall in the summer of the same year. LTC is inherently very similar to Bitcoin. The fact is that the information on this resource is presented only from April 28, 2013. Just the opposite. After Bitcoin had broken through this mark in 2014, it took it 3 years to get back to that mark and begin its march to new highs. You can see the table with the approximate cost of “digital silver” in 2025: The creator of this cryptocurrency has got rid of it, so that no one could doubt his good faith. What is interesting is that there was skepticism about Litecoin in the period from October 2011 to early 2013. The period of stagnation in the Litecoin development (2014-2015 year) is attributed primarily to the fact that miners preferred Bitcoin, which at that time was more profitable to mine. The coin was created in 2011 and was built on the same blockchain as BTC. This is a well-known crypto skeptic, but he usually criticizes Bitcoin, which, by the way, implies all other cryptocurrencies. Bitcoin and Litecoin prices are rising today, helped by the rising market demand for risky assets. Charlie Lee offered a smaller network with higher scalability. But, unlike most other altcoins, the current Litecoin price seems to be significantly undervalued. It is almost impossible to find the information about the price of this cryptocurrency at the time of its creation. We have already said that Litecoin is one of the most undervalued cryptocurrencies. The table below sets out our vision of  Litecoin trading prospects in 2019. Litecoin Price Prediction 2021, LTC Price Forecast. Bitcoin Price Prediction 2019, 2020: Will BTC Reach $50,000 in 2021? Be extremely careful when making high-risk crypto investments. Home Uncategorized litecoin price prediction 2021 reddit. the absence of disagreements and conflicts within the team (the well-known situation: the creators of Cardano (ADA) cannot carve up their project among themselves); this crypto is firmly rooted in the market; LTC is a proven, decentralized product featuring high level of trust. In terms of heavy competitiveness at the cryptocurrency market, the price of Litecoin is intended to decline by … Below, you will see the key metrics that we have taken into consideration upon coming up with our LTC price analysis and prediction.. All publications of this kind simply include a discussion of his tweets and conjectures about this. LTC/USD – Price Prediction LTC is currently trading close to the resistance zone at $244. It is unlikely that it will be traded at higher level. In addition, today there is a sufficient choice of miners on the Script algorithm, which means that the possibilities for mining the coin are expanding. Since 2017, Diffcoin has become one of the trusted brands within the crypto community. Other digital currencies like Ethereum and Ripple prices have also jumped. Many cryptocurrencies have rallied in 2020, with … Do not blame the creator of “digital silver” in sluggishness. The similar idea has already been expressed by researchers of the trading and brokerage company Etoro. This is rather good than bad. However, by 2020, enough potential, both technological and commercial, will be accumulated for a good jump. In November 2013, the digital currency showed a 900% increase in only two weeks. In this year, we expect a pump similar to the one that was in 2017 and early 2018. Accordingly, in 2020 a new wave of serious growth will begin, comparable to the price jump in 2017. Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra - Duration: 20:47. Accordingly, his predictions can be quite objective. Obviously, recent historical patterns are taken as a basis. In our opinion, LTC rising to such levels excludes a flat. use of the principle of “halving” (every 4 years, the reward for the block is reduced by 2 times). This indicates a high level of the coin’s adoption. We see that LTC shows relatively good resistance to a bearish trend. The number of existing LTC coins are seated at $2.78 billion, each LItecoin valuing worth $177.10.” ... Litecoin Price Prediction 2023-2025. According to wallet investor, Litecoin will attain an average price of $214 by December this year and hit a maximum price of $270. Facebook Twitter LinkedIn Reddit The market capitalization of the coin exceeded $1 billion. Nevertheless, we will agree that in 2020 the coin rate will overcome $300 mark. It is very interesting to look at how a soulless machine sees Litecoin future. With low transaction costs and fast confirmation times, LTC is truly emerging as the new global payment standard for … LTC price prediction is based on the fact that it is the fifth largest cryptocurrency in the world by capitalization. But do not exaggerate the values of this event. Based on this news, the cryptocurrency increased from 55 to 64 US dollars (+ 16%) for a couple of days. This was primarily due to the not-so-great popularity of this cryptocurrency. This coin has many technical features that make it an up-to-date product. Later, the father of Litecoin explained that all sorts of predictions on the cryptocurrency market are just stupid and are an expression of thoughts about the desired price. Today LTC is inferior in these characteristics to some new cryptocurrencies, but this point can be omitted. Despite the fact that Litecoin is one of the most “experienced” and stress-resistant cryptocurrencies, its price is also significantly affected by the news background, as well as by the listing on the well-known and popular exchanges. The arrow in the picture above shows the position in which, from the point of view of historical regularity, the market is today. Bitcoin has been forked many times, and it will probably face the same number of forks in the future. If we predict a pump of “digital gold”, then “silver” will inevitably follow it. Moreover, it is at this point that a long flat awaits the crypto. Leave these fantasies to schoolboys. ), The flippening (ETH>BTC) will never happen. We do not take into account pranksters who mock the newbies. No one makes a serious prediction for the 2020-2025 year. Litecoin is developed with a focus on speed, efficiency … After listing of Litecoin, its value fluctuated in the range of 3-10 cents per coin. LTC transactions are fast and cheap, however this has not stopped the fall of the coin along with other altcoins. Litecoin price prediction for 2020 – 2025 by WalletInvestor WalletInvestor gives a negative long-term LTC price forecast and at the end of 2020, it expects the coin to achieve $40 per coin. Peaks may be higher. Few of the currently known cryptocurrencies will remain on stage. Litecoin Coin Price Prediction 2019. Litecoin is not a blockchain platform (like Ethereum) and does not offer innovative services and solutions. Walletinvestor’s AI also shows this, although, most likely, the usual coincidence takes place. Liteforex website states that LTC price will probably rise to $700-$900 by the end of 2023. It sounds quite possible since the next Litecoin halving will occur in August 2023. Our view on the future of this digital asset in 2020 can be seen in the table below. This coin offers all its holders a higher transaction rate, which, in addition, is also cheaper. Kitco NEWS 767,384 views Perhaps this is the “product” that the team led by Charlie Lee can offer users. LTC price will increase in value in 2021; the most bullish prediction for 2021 indicates Litecoin will reach $4,600 by the end of 2021, according to PrimeXBT. Mining of a cryptocurrency affects its price much more than it seems. John McAfee is an extraordinary expert and forecaster. Its counterpart, Bitcoin, has long been considered to be “digital gold”. Litecoin price prediction 2023. The popularity of the cryptocurrency was increased significantly. The Litecoin price prediction is done based on the fact that it is the 7th most valuable cryptocurrency in the world. pic.twitter.com/vn9XBdZNC3, — Charlie Lee [LTC⚡] (@SatoshiLite) February 25, 2018. Alternatively, the Bitcoin price has … This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Nice to see that we’ve all kept the faith in LTC and it’s time to reap the rewards . VeChain (VET) Price Prediction 2019 & 2020, EHR Data Advocates for Health Data Ownership in New Campaign, Review of PrimeXBT Exchange, In-Depth Guide, Dealing with 5 major obstacles in Forex market. It is said that Charlie Lee originally planned that BTC / LTC ratio would be almost similar to that of gold / silver pair. If you open CoinMarketCap, you can form an erroneous opinion about the price history of Litecoin. When overlaying graphs, the timeline was fully preserved. But to analyze the price of a coin, it is important to correlate the proportions of growth and fall relative to other top 10 cryptocurrencies. Everyone knows that according to John, in 2020, BTC will be traded at a price not lower than $1,000,000. Litecoin price prediction: Hidden value behind the shadow of the King Cryptos | 7/3/2019 2:47:45 PM GMT. But LTC has quite a few technical features that partially handle the disadvantages of Bitcoin and allow the “light coin” to be a more convenient means of payment. Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. Following the logic of the American bitcoin guru, “digital silver” should cost at least $5000, or even $10,000. r/LitecoinMarkets: This is a subreddit devoted to long-term and short-term trading of Litecoins. According to the source, the price peaked at $352. Further growth does not prevent LTC using in such a purpose, but makes it not so “ergonomic.”. This is very interesting assumption. Most folks rely on halving, which will happen in 2019. most likely a time traveller. We made an excursion into the history of Litecoin pricing and revealed the reasons for its growth for certain purposes. It is by 2025 that we should expect another breakthrough in cryptocurrencies’ (especially top coins) prices. But in fact, LTC’s birthday is October 13, 2011. r/litecoin: For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin, with its low transaction costs and quick confirmation times, is becoming “the new global payments … Today Litecoin price in USD ranges from 59 to 60 according to the average of the world’s leading exchanges. The fact is that until July 2012, when the altcoin hit the stock exchanges, there was no need to talk about the LTC/USD ratio (the crypto was traded only with Bitcoin). And this is not only our position. As we speak’s Litecoin worth prediction is bullish because the market continues shifting greater after breaking above the $220 mark with out a lot resistance and presently assessments the $230 mark. slowing down the development of Litecoin blockchain technologies; the fight against speculation, which will lead to a more stable development of the market. DigitalCoin, 16/06/2020. All of the above factors speak for strengthening the coin and searching for new heights. However, everyone can be wrong. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Do not post methods to accept crypto/money/etc unless someone explicitly asks you. At the same time, a small-time lag is visible. By 2030, Litecoin would have gone through its 4th halving process, and it is expected to surge high. Litecoin will slowly but surely become one of the main coins for payments and exchanges. reddit.com. At that time, folks considered Namecoin to be prospective. He is not ready to bet his reproductive organ on Litecoin, but his Bitcoin predictions give reason for certain conclusions. It will be similar, but not the same. The main features of the Litecoin network are the implementation of: Former Google employee Charlie Lee, watching the Bitcoin blockchain functioning, came to the conclusion that its core code is subject to modification. This means that Litecoin price in 2025 will be significantly higher than the highs that were shown earlier. Litecoin Price Prediction – Reddit Users. We have already talked about the inseparable connection of BTC/LTC pair. For the Litecoin price prediction to become any more optimistic, “the silver to Bitcoin’s gold” needs to show that it has compelling use cases and increasing levels of adoption. LTC/USD has risen by a six-fold since December 2018. Bitcoin in this period was just around $10 per coin. source Litecoin’s downswing could extend up to the critical support at $150, which is a 30% drop from its current price. Potential growth barriers are as follows: These are potential factors. That is why do not think that the brainchild of Charlie Lee will cost $100,000 or more. The expected maximum price is $262.639, minimum price $178.595. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. We’ll look at what’s happening with the Dash ecosystem, and trading charts to make our Dash Price Prediction for 2019 and beyond. This is an absolutely fair point of view. Subsequent resistance round $230. Average mid-year Litecoin price prediction: $61.4 Average year-end Litecoin price prediction: $58.8. The community always has its own opinion regarding the cryptocurrency market and its destiny. This logic does not work when the ratio of prices for these assets. This is evidenced by a long flat, which we can observe today. It is mining of coins that ensures the normal functioning of the network. We advise men who read us not to be like an expressive expert and take a more balanced position. Litecoin has a big potential for price increase. Litecoin is a peer-to-peer Internet currency that allows instant, near-zero expense payments to anybody on the planet. Digital silver, as well as the market as a whole, is waiting for further development. The period between pumps is reduced at least by 2 times. Let’s look at the positive and negative market factors that expect LTC in 2019. None of the “crypto mineworkers” will want to sell their “silver” cheaply. Mr. McAfee, at his age, can safely formulate such predictions, betting his male organ. December 2017 highs will be exceeded but not as much as many would like. *the figure shows the percentage of cryptocurrency rate decrease in relation to minimal and maximal price (in the period from December 2017 to November 2018). 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The coin survived all its pumps and dumps, while dozens of other cryptocurrencies went into oblivion. In 2019, institutional investors will start deeper expansion into the market. On the same day, the first block of this cryptocurrency was obtained. The community always has its own opinion regarding the cryptocurrency market and its destiny. The well-known 2017-2018 pump speaks in favor of this. In addition, in the winter there will be many significant events on the adoption of cryptocurrencies by the governments of the leading world democracies. Unlike other altcoins, Litecoin showed its highs precisely in December 2017. The Bottom Line: How Much Will Litecoin Be Worth in 5 Years? This event is the reason for Litecoin price … This is due to the fact that the coin as a means of payment seems to be convenient in this price range. Litecoin price prediction reddit,For the next half a year Litecoin will fluctuate from USD litecoin price prediction reddit 20 to 40 Litecoin price prediction 2023. Litecoin 5 Years Price Prediction In the next 5 years, Litecoin could be in the top 5 cryptocurrencies list, and it might be a highly accepted cryptocurrency in digital payments. The oversold condition during trend reversal will relieve Litecoin from near resistance. The original Litecoin version appeared on GitHub on October 7, 2011. One of the analytical resources called it an “incomprehensible bitcoin clone” in November 2011. Litecoin is an open source, international payment network that is completely decentralized with no main authorities. Price target in 14 days: 250.501 USD. The BTC price has jumped by more than 14% to the current $36,820 while the LTC price has jumped by more than 8%. Reddit Community: “It is a game of the competition. This Litecoin (LTC) Price Prediction 2021 article is based on technical analysis alone. Having lost 80% of its price, Litecoin has room to grow. If LTC can claim this resistance zone, we could start seeing a … It is significantly lower and more stretched in time in proportion to the prices shown. Interestingly, institutional investors’ intervention not only spurs the market to conquer new heights, but also limits its flexibility. But currently Litecoin is considered to be the most successful of them. In many ways, growth factors will exclude fall factors and vice versa. But we believe that the younger brother of Bitcoin will outlive all the corrections. There are a lot of articles and news on the Internet about what kind of LTC price Charlie Lee predicts. When Litecoin began to be traded at more than $30, its mining by ASICs, which were focused on Scrypt algorithm, became profitable. Litecoin Price Prediction – What Experts Believe About the Litecoin Price? Litecoin LTC / USD forecast for today, April 13, 2021 suggests a test level of 243.00. This cryptocurrency ratio of daily active addresses and market capitalization is significantly higher than that of the main competitors. It showed its maximum in 2013 and is not likely to show such results again. The logic of events suggests that after raising the price it is worth waiting for a 1-year flat. The subsequent work to improve the security and speed of transactions, as well as the scalability of the blockchain will be an important factor in LTC price growth. Today’s top 10 coins by market cap will change significantly. A 50-60% Bitcoin price growth can lead to a 100% Litecoin increase in the near future. This progress allowed LTC to gain a foothold in the market as the second most important cryptocurrency after Bitcoin. The Litecoin value is crawling again as merchants react to the newest FOMC determination. Litecoin is the 7 th largest digital currency in the market with a market cap of over $4.9 billion. After the fork block, Litecoin Cash switched to SHA256 proof-of-work hashes. That was the day when the Bitcoin hardfork occurred. As … And if you look at the marks we made, it becomes obvious that Litecoin always follows Bitcoin. Machine-based forecasts look very conventional. If you think this a good idea people can request a Google Doodle at doodleproposals@google.com. Litecoin has a long history on the cryptocurrency market. For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. In addition, price decrease below level that provides break even mining is no longer possible. Institutional investors will not let the market go so high. It was created thanks to the work of Charlie Lee, who intended to create a cryptocurrency, which was more convenient for everyday use as a means of payment than bitcoin. This means that this cryptocurrency can move not only with the flow, but also develop according to other, more objective factors. In our opinion, CBOE Litecoin futures are just a matter of time. Its main features are: reduced block generation time and increased total number of available coins. Yes, the coin showed a few jumps, but they were not so serious. Let’s examine the odds for a new price surge. This forecast is an expression of our personal view of the situation on the market. No one makes a serious prediction for the 2020-2025 year. Litecoin is now valued at greater than $13 billion and is the ninth greatest digital foreign money on the planet. We have no doubt that this crypto will not lose its top positions, which means it is necessary to understand its future prospects, especially how much Litecoin will cost in the coming years and whether we will see it in the top 10 on CoinMarketCap. But let’s not be so categorical. After this, the cryptocurrency reached its record high of $375, an 8,200 percent increase, hitting a total LTC market cap to 19.5 billion. The well-known information and analytical portal Wallet Investor makes its predictions using Machine Learning technology. The role of historical patterns in the forecasts should not be minimized. litecoin price prediction 2021 reddit. Litecoin will show us a real breakout. This is natural, because it is based on the blockchain of the first cryptocurrency and has a similar structure of chain of records. Been Hodl’in since I was a second year university student and bought ten coins at a whopping £40 each. After that, Charlie Lee did not give any predictions. Most likely, two serious jumps will occur – in 2020 and in 2025. Correlating the timeline and Litecoin’s graph, we can state the “acceleration” of the market. No "I just [bought|sold] Litecoin" posts. Litecoin Price Prediction 2022 – 2023. All this significantly affects the formation of Litecoin price. We forecast a possible introduction of an ATM network that will provide LTC deposits and withdrawals. This is a confirmation of the pseudo competition of two products with similar functionality. The crypto enthusiast began work on a more universal and affordable version of the blockchain. TL;DR Breakdown LTC breaks $220. However, Litecoin will undoubtedly remain in this list. The weighted average forecast for Litecoin for 2019-2025 is presented in the table below. Average Litecoin price for 2020: $62.98. The growth in the number of users, as before, will significantly outpace the growth of capitalization. Our logic is as follows: while the price of PundiX was influenced by the presentation of the blockchain smartphone, Litecoin does not have to wait for similar growth triggers. The features of a coin’s mining can inhibit the growth of its value up to a certain point, and after reaching point X, on the contrary, stimulate it. $ 1000 is a very important psychological mark for this type of cryptocurrency (a means of payment, and a store of wealth). Our Litecoin price prediction looks bullish as the Abra CEO's successful Reddit AMA session revealed quite a few new things about this game-changing Litecoin application. “halving” (2-fold reduction in the block reward); popularization of the blockchain technology and crypto payments; institutional investors’ entering into the market. just ignore. Accordingly, any conclusions are evaluative and may differ from your opinion, the approach of other experts or even real events that await us in the future. February 28, 2021 This indicates a certain correlation in LTC/BTC pair. Further, growth is expected to continue to the area above the level of 277.60. The Litecoin price has almost doubled this year, but LTC has been losing out in terms of hype to other coins. But the flappening (LTC>BCH) will happen this year. The most reliable ATH price (that we use for our Litecoin price prediction) is on the price-tracking website CoinMarketCap. well-known experts’ public statements, in which they predicted a rise in the price of the coin to $50; LTC was traded significantly cheaper than BTC, which allowed “digital gold” holders to use it to buy cheap “silver”; psychology of the masses, who believe that they have missed the chance to earn money on BTC, and who want to grab at least LTC. It was called “digital silver”. However, it opens up a good runway for future acceleration and “Moon flight”. Litecoin Price Forecast: Historical Analysis, LTC Price Predictions: Growth Factor Analysis. This is what Charlie Lee focuses on. It is in the winter of 2019 that a new wave of growth in the market is expected. However, we cannot give you any guarantees. Litecoin price prediction for 2022-2023. On June 22, the price of Litecoin reached a high of $140 price level. This absolutely does not mean that we should wait another 3 years for the next growth. The market where this coin is traded at $100-120 is a logical outcome of events. Growth at the beginning of the year, fall in the middle, new growth at the end. Anyone think this October Google should do a Google Doodle for Litecoin's 10th birthday to pay tribute to it and their former employee Charlie Lee who used to be a Google Engineer? There is an inseparable connection between the a cryptocurrency/token price and its mining. Looks like you're using new Reddit on an old browser. Please note that Bitcoin and Litecoin graphs are very similar. … This cannot be called a fundamental growth, but it significantly affects the spread of the crypto and the growth of its popularity, which will later serve as the basis for the formation of a high market price. This was followed by a 3-year flat. Merchant can advertise their services only once. However, the bear market in 2018 most likely led to the oversold condition at LTC market. Please note that billionaire Warren Buffett also has not given predictions about Litecoin’s future (although you can find information on the Internet that he allegedly has done that). Litecoin price news. LTC is very popular with investors, traders and those who want to make quick and convenient cryptocurrency transactions, for more than seven years. In February 2018, we all expected new heights from the market (yes, and you, too, waited Moon, we know that). The market will develop in an upward direction, avoiding unnatural pumping. Press question mark to learn the rest of the keyboard shortcuts. Against the background of general trends, an incredible increase in January 2018 was shown (for “digital silver”, this is December 2017) and a proportional fall in the summer of the same year. LTC is inherently very similar to Bitcoin. The fact is that the information on this resource is presented only from April 28, 2013. Just the opposite. After Bitcoin had broken through this mark in 2014, it took it 3 years to get back to that mark and begin its march to new highs. You can see the table with the approximate cost of “digital silver” in 2025: The creator of this cryptocurrency has got rid of it, so that no one could doubt his good faith. What is interesting is that there was skepticism about Litecoin in the period from October 2011 to early 2013. The period of stagnation in the Litecoin development (2014-2015 year) is attributed primarily to the fact that miners preferred Bitcoin, which at that time was more profitable to mine. The coin was created in 2011 and was built on the same blockchain as BTC. This is a well-known crypto skeptic, but he usually criticizes Bitcoin, which, by the way, implies all other cryptocurrencies. Bitcoin and Litecoin prices are rising today, helped by the rising market demand for risky assets. Charlie Lee offered a smaller network with higher scalability. But, unlike most other altcoins, the current Litecoin price seems to be significantly undervalued. It is almost impossible to find the information about the price of this cryptocurrency at the time of its creation. We have already said that Litecoin is one of the most undervalued cryptocurrencies. The table below sets out our vision of  Litecoin trading prospects in 2019. Litecoin Price Prediction 2021, LTC Price Forecast. Bitcoin Price Prediction 2019, 2020: Will BTC Reach $50,000 in 2021? Be extremely careful when making high-risk crypto investments. Home Uncategorized litecoin price prediction 2021 reddit. the absence of disagreements and conflicts within the team (the well-known situation: the creators of Cardano (ADA) cannot carve up their project among themselves); this crypto is firmly rooted in the market; LTC is a proven, decentralized product featuring high level of trust. In terms of heavy competitiveness at the cryptocurrency market, the price of Litecoin is intended to decline by … Below, you will see the key metrics that we have taken into consideration upon coming up with our LTC price analysis and prediction.. All publications of this kind simply include a discussion of his tweets and conjectures about this. LTC/USD – Price Prediction LTC is currently trading close to the resistance zone at $244. It is unlikely that it will be traded at higher level. In addition, today there is a sufficient choice of miners on the Script algorithm, which means that the possibilities for mining the coin are expanding. Since 2017, Diffcoin has become one of the trusted brands within the crypto community. Other digital currencies like Ethereum and Ripple prices have also jumped. Many cryptocurrencies have rallied in 2020, with … Do not blame the creator of “digital silver” in sluggishness. The similar idea has already been expressed by researchers of the trading and brokerage company Etoro. This is rather good than bad. However, by 2020, enough potential, both technological and commercial, will be accumulated for a good jump. In November 2013, the digital currency showed a 900% increase in only two weeks. In this year, we expect a pump similar to the one that was in 2017 and early 2018. Accordingly, in 2020 a new wave of serious growth will begin, comparable to the price jump in 2017. Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra - Duration: 20:47. Accordingly, his predictions can be quite objective. Obviously, recent historical patterns are taken as a basis. In our opinion, LTC rising to such levels excludes a flat. use of the principle of “halving” (every 4 years, the reward for the block is reduced by 2 times). This indicates a high level of the coin’s adoption. We see that LTC shows relatively good resistance to a bearish trend. The number of existing LTC coins are seated at $2.78 billion, each LItecoin valuing worth $177.10.” ... Litecoin Price Prediction 2023-2025. According to wallet investor, Litecoin will attain an average price of $214 by December this year and hit a maximum price of $270. Facebook Twitter LinkedIn Reddit The market capitalization of the coin exceeded $1 billion. Nevertheless, we will agree that in 2020 the coin rate will overcome $300 mark. It is very interesting to look at how a soulless machine sees Litecoin future. With low transaction costs and fast confirmation times, LTC is truly emerging as the new global payment standard for … LTC price prediction is based on the fact that it is the fifth largest cryptocurrency in the world by capitalization. But do not exaggerate the values of this event. Based on this news, the cryptocurrency increased from 55 to 64 US dollars (+ 16%) for a couple of days. This was primarily due to the not-so-great popularity of this cryptocurrency. This coin has many technical features that make it an up-to-date product. Later, the father of Litecoin explained that all sorts of predictions on the cryptocurrency market are just stupid and are an expression of thoughts about the desired price. Today LTC is inferior in these characteristics to some new cryptocurrencies, but this point can be omitted. Despite the fact that Litecoin is one of the most “experienced” and stress-resistant cryptocurrencies, its price is also significantly affected by the news background, as well as by the listing on the well-known and popular exchanges. The arrow in the picture above shows the position in which, from the point of view of historical regularity, the market is today. Bitcoin has been forked many times, and it will probably face the same number of forks in the future. If we predict a pump of “digital gold”, then “silver” will inevitably follow it. Moreover, it is at this point that a long flat awaits the crypto. Leave these fantasies to schoolboys. ), The flippening (ETH>BTC) will never happen. We do not take into account pranksters who mock the newbies. No one makes a serious prediction for the 2020-2025 year. Litecoin is developed with a focus on speed, efficiency … After listing of Litecoin, its value fluctuated in the range of 3-10 cents per coin. LTC transactions are fast and cheap, however this has not stopped the fall of the coin along with other altcoins. Litecoin price prediction for 2020 – 2025 by WalletInvestor WalletInvestor gives a negative long-term LTC price forecast and at the end of 2020, it expects the coin to achieve $40 per coin. Peaks may be higher. Few of the currently known cryptocurrencies will remain on stage. Litecoin Coin Price Prediction 2019. Litecoin is not a blockchain platform (like Ethereum) and does not offer innovative services and solutions. Walletinvestor’s AI also shows this, although, most likely, the usual coincidence takes place. Liteforex website states that LTC price will probably rise to $700-$900 by the end of 2023. It sounds quite possible since the next Litecoin halving will occur in August 2023. Our view on the future of this digital asset in 2020 can be seen in the table below. This coin offers all its holders a higher transaction rate, which, in addition, is also cheaper. Kitco NEWS 767,384 views Perhaps this is the “product” that the team led by Charlie Lee can offer users. LTC price will increase in value in 2021; the most bullish prediction for 2021 indicates Litecoin will reach $4,600 by the end of 2021, according to PrimeXBT. Mining of a cryptocurrency affects its price much more than it seems. John McAfee is an extraordinary expert and forecaster. Its counterpart, Bitcoin, has long been considered to be “digital gold”. Litecoin price prediction 2023. The popularity of the cryptocurrency was increased significantly. The Litecoin price prediction is done based on the fact that it is the 7th most valuable cryptocurrency in the world. pic.twitter.com/vn9XBdZNC3, — Charlie Lee [LTC⚡] (@SatoshiLite) February 25, 2018. Alternatively, the Bitcoin price has … This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Nice to see that we’ve all kept the faith in LTC and it’s time to reap the rewards . VeChain (VET) Price Prediction 2019 & 2020, EHR Data Advocates for Health Data Ownership in New Campaign, Review of PrimeXBT Exchange, In-Depth Guide, Dealing with 5 major obstacles in Forex market. It is said that Charlie Lee originally planned that BTC / LTC ratio would be almost similar to that of gold / silver pair. If you open CoinMarketCap, you can form an erroneous opinion about the price history of Litecoin. When overlaying graphs, the timeline was fully preserved. But to analyze the price of a coin, it is important to correlate the proportions of growth and fall relative to other top 10 cryptocurrencies. Everyone knows that according to John, in 2020, BTC will be traded at a price not lower than $1,000,000. Litecoin price prediction: Hidden value behind the shadow of the King Cryptos | 7/3/2019 2:47:45 PM GMT. But LTC has quite a few technical features that partially handle the disadvantages of Bitcoin and allow the “light coin” to be a more convenient means of payment. Litecoin Cash was forked from Litecoin on 18 Feb 2018 at block 1371111, with a 10:1 Claim Ratio. Following the logic of the American bitcoin guru, “digital silver” should cost at least $5000, or even $10,000. r/LitecoinMarkets: This is a subreddit devoted to long-term and short-term trading of Litecoins. According to the source, the price peaked at $352. Further growth does not prevent LTC using in such a purpose, but makes it not so “ergonomic.”. This is very interesting assumption. Most folks rely on halving, which will happen in 2019. most likely a time traveller. We made an excursion into the history of Litecoin pricing and revealed the reasons for its growth for certain purposes. It is by 2025 that we should expect another breakthrough in cryptocurrencies’ (especially top coins) prices. But in fact, LTC’s birthday is October 13, 2011. r/litecoin: For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin, with its low transaction costs and quick confirmation times, is becoming “the new global payments … Today Litecoin price in USD ranges from 59 to 60 according to the average of the world’s leading exchanges. The fact is that until July 2012, when the altcoin hit the stock exchanges, there was no need to talk about the LTC/USD ratio (the crypto was traded only with Bitcoin). And this is not only our position. As we speak’s Litecoin worth prediction is bullish because the market continues shifting greater after breaking above the $220 mark with out a lot resistance and presently assessments the $230 mark. slowing down the development of Litecoin blockchain technologies; the fight against speculation, which will lead to a more stable development of the market. DigitalCoin, 16/06/2020. All of the above factors speak for strengthening the coin and searching for new heights. However, everyone can be wrong. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Do not post methods to accept crypto/money/etc unless someone explicitly asks you. At the same time, a small-time lag is visible. By 2030, Litecoin would have gone through its 4th halving process, and it is expected to surge high. Litecoin will slowly but surely become one of the main coins for payments and exchanges. reddit.com. At that time, folks considered Namecoin to be prospective. He is not ready to bet his reproductive organ on Litecoin, but his Bitcoin predictions give reason for certain conclusions. It will be similar, but not the same. The main features of the Litecoin network are the implementation of: Former Google employee Charlie Lee, watching the Bitcoin blockchain functioning, came to the conclusion that its core code is subject to modification. This means that Litecoin price in 2025 will be significantly higher than the highs that were shown earlier. Litecoin Price Prediction – Reddit Users. We have already talked about the inseparable connection of BTC/LTC pair. For the Litecoin price prediction to become any more optimistic, “the silver to Bitcoin’s gold” needs to show that it has compelling use cases and increasing levels of adoption. LTC/USD has risen by a six-fold since December 2018. Bitcoin in this period was just around $10 per coin. source Litecoin’s downswing could extend up to the critical support at $150, which is a 30% drop from its current price. Potential growth barriers are as follows: These are potential factors. That is why do not think that the brainchild of Charlie Lee will cost $100,000 or more. The expected maximum price is $262.639, minimum price $178.595. For every 1 LTC held at the fork block, LTC holders could claim 10 LCC. We’ll look at what’s happening with the Dash ecosystem, and trading charts to make our Dash Price Prediction for 2019 and beyond. This is an absolutely fair point of view. Subsequent resistance round $230. Average mid-year Litecoin price prediction: $61.4 Average year-end Litecoin price prediction: $58.8. The community always has its own opinion regarding the cryptocurrency market and its destiny. This logic does not work when the ratio of prices for these assets. This is evidenced by a long flat, which we can observe today. It is mining of coins that ensures the normal functioning of the network. We advise men who read us not to be like an expressive expert and take a more balanced position. Litecoin has a big potential for price increase. Litecoin is a peer-to-peer Internet currency that allows instant, near-zero expense payments to anybody on the planet. Digital silver, as well as the market as a whole, is waiting for further development. The period between pumps is reduced at least by 2 times. Let’s look at the positive and negative market factors that expect LTC in 2019. None of the “crypto mineworkers” will want to sell their “silver” cheaply. Mr. McAfee, at his age, can safely formulate such predictions, betting his male organ. December 2017 highs will be exceeded but not as much as many would like. *the figure shows the percentage of cryptocurrency rate decrease in relation to minimal and maximal price (in the period from December 2017 to November 2018). 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