Litecoin is seen in a dip once again after having 48 hours to take a rebound with the rest of the cryptocurrency market.
After the two-day period of rises in mass ended on the last day of November, Litecoin is dipping by over -9% in the last 24 hours even though a part of the market is still rising against the bearish trends.
Litecoin (LTC) Price Today – LTC / USD
Due to the latest dip, LTC even went from trading in the green by 2% on its weekly chart to dropping by over -1% in the course of the last week, making a more significant rebound slightly unavailable for LTC in the following days.
Dropping by over -90% against the fiat since reaching its all-time high of 360$, will LTC continue with the dip or rise up to get back on the track in the following period?
Litecoin Price Prediction for 2018
LTC started the month of November with trading above the price of 50$, marking 53$ on November 8th.
Almost three weeks later from that point, LTC is dipping by -9% in a single day on the last day of November, still being traded at the value below 40$, currently trading at the price of 31$.
The first Bitcoin fork might still have some chances of gaining the increased momentum with the radical adoption campaigns the team is taking especially during the last year, however, the bear market trends are making it difficult for LTC to get to more serious gains.
In the best case, LTC might end the year at the price of 41$ as it highest price, while more optimistic evaluation of Litecoin in the market states that the minimum price should be 50$.
The highest price in the best case would be 80$ for Litecoin by the end of December, although at this point this price goal might seem out of reach for LTC.
Litecoin Price Prediction for 2019
The majority of analysts of the cryptocurrency market claim that we are in for another bearish year, which is probably why more investors are tapping out.
In case the bear trends prevail in 2019, Litecoin might be seeing new lows dropping down below the initial value of 20$ and even dipping towards 15$ with its highest price being 30$.
Optimistic predictions are showing a whole different story, indicating that Litecoin is headed towards 200% of gains in the next year, reaching the maximal price of 130$ and the lowest of 58$.
Litecoin Price Prediction for 2020
In case Litecoin makes it with over 200% of growth in 2019, the crypto might enter the year 2020 at the price of 90$, slowly getting closer to its all-time high on the road of rebounding.
In that case, the highest price predicted for Litecoin would come near 160$. However, in case LTC doesn’t get to see an increased adoption as expected, the top price the crypto may reach could be 50$.
Litecoin Price Prediction for 2025
In the course of the next 6 years, it is presumed that Litecoin might as well be able to get to its all-time high, and with some indications, it is possible to see the crypto back at its record value even before 2025.
While some analysts are indicating that even within the time of the next 6 years LTC won’t be able to go above the value of 150$ to 200$, some analysts are predicting that Litecoin might skyrocket above all expectations in 2025 to touch the value of over 1000$.