Currently the price of Litecoin is $24.32. The Litecoin price prediction is made on the basis of the fact that it is the third most valuable cryptocurrency in the world.
Litecoin has been the most undervalued cryptocurrencies in the past years. If you had invested towards the beginning of 2017, when the price was $4.5, then by the end of 2018, you’ll be making 8000% gain, which is fantastic.(Another great thing about Litecoin is that it has the fourth largest trading volume, which means the buying and selling operations are more.)
Let’s consider the publications and personalities, and their statement regarding the LTC price prediction, which will give us a fairer idea:
#1 Walletinvestor
According to the technical analysis presented by Walletinvestor, they predicted that by next year, it will reach around $414 and that it is good for investment in the long run.
#2 investingpr
According to investingpr.com, the price of Litecoin will reach $400 by the end of the year.
So conclude If the bear kicks in, there will be a tough time for not only Litecoin but all the other cryptocurrencies. But if the market becomes bullish, which is mostly forecasted by most of the traders and investors, then LTC will reach to minimum $150. LTC price growth rate becomes unstoppable in the coming years.
For more details regarding price prediction you can probably have a look at our tutorial
*With the market being so volatile, predicting the price of the cryptocurrencies is really one of the most difficult tasks.