Litecoin has seen a new low after a day marked in a rebound between November 26th and November 27th.
At the time, LTC even went down to briefly visit the rank of the 9th crypto on the list, trading at 29$ and going below 30$ to touch a brand new low while Bitcoin SV went up with 94% against the fiat in a week to take the spot of LTC.
One day later, Litecoin is seen in a rebound, going up by nearly 11%, which enabled LTC to go back up above the value of 30$.
Litecoin entered November at the value of 50$ but has since, in the course of the last 4 weeks, dropped to the price of 32$, touching its lowest price of 29$ in 2018 in between.
How low will Litecoin go and what is the future of LTC in 2019, 2020, and 2025?
Litecoin (LTC) Future Prediction for 2019
Litecoin saw its lowest price for 2018 by touching 29$ and going below the initial value of 30$ on November 27th. However, the present momentum in the market is allowing LTC to rise by 11%, which brought Litecoin back to the value of 32$.
In case the dips return in the next 24 hours, Litecoin is more likely to go down below 30$ once again, although the crypto is losing less than -2% of its value in the last week with the latest rise against the fiat.
Litecoin (LTC) Price Today – LTC / USD
Additionally, Litecoin lost -34% of its value in the course of the last 30 days, indicating the dip is hitting the market for weeks now.
Litecoin even made it to Facebook Messenger as a payment method, enabling over 2 billion users to send and receive Litecoin through the messaging app; however, LTC is still not able to see any price improvements out of this integration.
In case the dips pertain in accordance with the current market trends, Litecoin might even go below 20$ by the end of 2019, however, the more enthusiastic predictions indicate that LTC will trade between the value of 60$ and 130$ in 2019.
Litecoin (LTC) Future Prediction for 2020
In case 2020 arrives with more benevolent market trends set to stabilize the market, Litecoin may see 300% of rises on its YTD chart during the course of 2020.
In that case, LTC could trade at the minimal price of 90$, also able to acquire gains to reach the value of over 150$ per one LTC unit.
Less enthusiastic predictions are indicating that LTC will keep its value under 20$ per one unit, only rising back up to revisit the price of above 30$.
Litecoin (LTC) Future Prediction for 2025
It is difficult to guess what the market is going to look like in the course of the next 6 to 7 years as there are numerous factors affecting the progress of cryptos in the market.
Optimistic predictions claim that Litecoin will be able to reach the value of 800$ in 2025 as its minimal price for the year, while the maximum price is set above 3,000$.
However, more realistic predictions indicate that LTC might get back to its all-time high of around 360$ by 2025 in ideal conditions starting from its low of 32$ the currency is trading at in November 2018.