Litecoin Price Analysis and LTC price prediction 2021

Litecoin price analysis is the upside for today as we can see today’s gains after yesterday’s consolidation. Therefore, we expect LTC/USD to target the $200 mark.

Litecoin Price Analysis
Litecoin Price Analysis
  • Litecoin price analysis points to another spike that could be seen today.
  • LTC/USD is consolidating around $180 overnight.
  • Bottom higher and support at $176.

The cryptocurrency market has been trading with a bullish momentum for the past 24 hours. As the market leader, Bitcoin is up 3.4% while Ethereum is up 4.4%. Solana (SOL) is one of the best players with a 32.6% advantage.

Litecoin price movement in the last 24 hours

LTC/USD is trading in the $175.61 – $187.68 range, indicating strong volatility over the past 24 hours. Trading volume remained unchanged at around $2.37 billion, while the total market cap traded at around $12.5 billion, placing the cryptocurrency in 14th place overall.

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LTC/USD 4-hour chart: LTC targets $200 next?

On the 4-hour chart, we can see that Litecoin’s price is moving away from $180 as the bulls are ready for another push-up.

Litecoin price movement in the last 24 hours
Litecoin price movement in the last 24 hours

Litecoin earned more than 75 percent of its set high of around $105 on July 20. Several higher highs and lows set along the 100-hour blue moving midline, suggesting strong bullish momentum. LTC/USD also beat its previous high of $150, indicating that market sentiment has picked up again.

In the last few days, the next major resistance was hit around $180 and consolidation has formed around it in the last few hours. However, Litecoin’s price is slowly rising, testing the brand several times at $185.

After overnight slowing momentum, LTC/USD started trading earlier today and is currently setting new multi-month highs. This development in price action should result in more robust growth over the next 24 hours, with the next big price target around $200.

Litecoin Price Analysis: Conclusion

Litecoin price analysis is bullish for the day as gains are gaining momentum after consolidating overnight. Therefore, we expect LTC/USD to hit higher later in the day and hit $200 later this week.

While you wait for Litecoin to move forward, check out our articles on Bitcoin Futures, Physical Bitcoin, and Proof of Bet vs Proof of Work.

Google people also search Litcoin Price Analysis

1. What will litcoin be worth at the end of 2021?

According to DigitalCoinPrice, Litecoin can be traded at around $217.77 by the end of 2021. Moreover, the price can be traded at $261.39 in 2022 and $339.36 in 2023.

2. How much is LTC worth in 2021?

According to financial experts, Litecoin could skyrocket to $500 in 2021, rise to $1,000 in 2022, and survive a bull run in 2023 if it trades at $3,000 and $10,000 in 2025.

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