However, it would be more logical to buy Litecoin cryptocurrency dip. VeChain Price Prediction: Will VET Price Rise Again? As a key team member of the developers behind Litecoin, his job is to improve and market the coin. For many years now, we have been assisting users in exchanging and buying coins in the blink of an eye. We’ve got the answers to the most curious questions considering Litecoin future. John Kin calls himself a Litecoin evangelist. Litecoin is placed 8th in terms of market capitalization with more than 2 billion USD of market cap, at the time of writing. Go to Appearance > Customize > Subscribe Pop-up to set this up. They require a good level of financial knowledge and experience. What if you had invested in Bitcoin earlier? This is understandable since the price of a coin depends not only on existing factors but also on those that appear in market development. On the lowest end of the scale, analysts see $18 as the absolute bottom for Litecoin in the days ahead. The whole cryptocurrency market is going up now, so the altcoins’ price reaches a new high. Litecoin’s code is a work of the Bitcoin Core client, and technically similar to Bitcoin. And he expects this to happen within ten years. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued. However, Lee cited the move was done to alleviate a potential conflict of interest. Now, let’s look at the details. We’ll find out the basics of the LTC coin and its future. CryptoWatch ‘If you’re not a billionaire’ in 10 years ‘it’s your own fault,’ says 20-year-old bitcoin tycoon Published: May 16, 2019 at 4:44 p.m. Litecoin is the first crypto asset to do so successfully, and it has cemented Litecoin’s place in the crypto market and as a financial asset with long-term growth potential. It depends on the sum you are ready to invest and the market behavior. Author Coin Idol. Despite the fall, Litecoin price has come a long way since it first launched many years ago. Litecoin as a digital asset that attracts more users to its network due to the fact that it is cheap, fast, and reliable. The coin may be pushed down by the overall market situation. After another 140% rally to kick off the new year, once again crypto investors and traders interested in LTC are asking the questions “will Litecoin go up in value,” “how high will Litecoin go,” and “will Litecoin ever reach 1000 dollars per LTC.”. Since the LTC coin was constructed as a lighter alternative to Bitcoin, it got through some changes to improve its speed and availability. The below table can be used as a quick reference for the minimum and maximum projections that can be expected for Litecoin from 2019 to 2025. From January to June, LTC price increased four times from $31.02 to $138.4. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results, do not take into consideration commissions, margin interest and other costs, and are not guarantees of future results. We recommend following the Bitcoin and crypto news to get the right perception of the market. In the first half of the year, Litecoin has a bullish trend. Your email address will not be published. Conclusion: Is Litecoin a Good Investment and How Much Will LTC Be Worth? By the way, the creator of Litecoin sold all of his tokens at their peak when their price approached the all-time high of $370. Keep in mind that Litecoin is a pretty established coin in the cryptocurrency world. The long-term bullish pitchfork channel in LTCUSD continuing could result in an eventual peak price of over $10,000 per LTC token. As a result, this undermines the confidence of miners in the fundamental prospects of LTC. It depends on the Bitcoin’s price behavior. Related. Last August, the reward for a new block was cut in half, and it did not generate as much hype as it did with BTC in May. Technical analysis can be used to help investors and traders come up with a short-term and long-term price prediction for Litecoin, beyond just speculation. You’re doing a great job by writing such articles, thank you! Litecoin has also consistently stayed in the crypto market top ten by market cap, a feat that not many other altcoins can claim. The coin was designed as a more fast and scalable alternative to Bitcoin. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. [email protected] – for marketing questions. Quick calculations reveal that one Bitcoin will be worth $98 million by the end of two decades. Profit Confidential predicted in mid-2017 before Litecoin went parabolic that the asset would trade at $200 before the year was over. PrimeXBT offers Litecoin alongside other popular cryptocurrencies Bitcoin, Ethereum, Ripple, and EOS, as well as traditional assets such as the most popular forex currencies, commodities, stock indices, and spot contracts for gold and silver. However, Litecoin’s halving – a pre-programmed reduction in the block reward LTC miners receive – caused the LTC price to skyrocket, reaching over 600% returns before it began to correct. Ravencoin Price Prediction: Will RVN Go Up? According to recent LTC news, Litecoin has been regularly used as a testbed for upcoming second-layer applications that will eventually be applied to Bitcoin, such as Segregated Witness and the Lightning Network. If Litecoin can break above and hold over its long-term downtrend line, it could finally retest its previous all-time high. Read our Litecoin price prediction for 2020 to 2025 and decide whether LTC is worth investing in or not. Gambardello predicted this at a time when Litecoin was worth $4. ON THE CONCLUSION OF THIS ANALYSIS, WE WILL DECIDE WHETHER OR NOT TO CHANGE THE FUNCTIONALITY OF THE WEB-SITE. Its market capitalization could grow to $1.75 trillion which would make each bitcoin worth $100,000. During a Consensus Conference in New York in 2017, he estimated bitcoin to reach $ 1,000,000 in five to ten years times which means no sooner than 2022 … Any asset can make an investor reach or poor. Xapo CEO: A Bitcoin Could Be Worth $1M in 10 Years April 2, 2014, 5:38 PM Wences Casares, co-founder and CEO of Bitcoin firm Xapo, sits down with WSJ's Evelyn Rusli to talk about Bitcoin's potential for investment growth and solutions to foreign currency exchange problems. He explained that he wanted to get away from conflicts of interest and accusations of manipulating the cryptocurrency value for his benefit. This website products and services are provided by PrimeXBT Trading Services LLC. According to the Swiss cryptocurrency bank SEBA, miners are skeptical about the upside potential for Litecoin. During 2020, Litecoin was in a downtrend. That is what happened. Charlie Lee, the creator of the cryptocurrency itself made one of the most daring calls of all: he called for his own coin to drop from all-time high prices of $300+ to as low as $20. When we see such price boosts, we can definitely say that it’s worth investing in Litecoin. What will Bitcoin be Worth in 5-10 Years Time. Litecoin is one of the first Bitcoin forks. So if you can't handle LTC dropping to $20, don't buy! “We believe that Bitcoin is still at the very start of its adoption curve. However, this opinion is not the only one. It was developed and led by Charlie Lee and initially presented as an open-source code via GitHub on October 7, 2011. Bitcoin was the first-ever cryptocurrency, Litecoin is a strong performing investment, Market Research Report: BTC Undecided, DeFi Sends Altcoin Surging, Stocks Closed Lower Despite Biden’s StimulusÂ, PrimeXBT Partners With Coinify To Make Buying Bitcoin Even Easier, Market Research Report: Crypto Market Breaks $1 Trillion to Outshine Stocks as Year’s Top Gainers Despite 20% Slump To Start The Week. Not only is the nod of support from Gambardello significant, but he also has compared current price action in Litecoin to 2016’s price action, when Litecoin rallied to $300 after consolidating around $4 for some time. The Litecoin forecast is bright, especially considering all of the support the crypto asset has earned from industry experts and big-name investors alike. At that moment, the story seemed impossible, because the LTC coin was traded on exchanges for $60. You can see by the chart that the return of investment rate of bitcoin is a staggering 9,150,088%, which is 2,899 times the amount of Amazon's return on investment rate. If BTC price change dramatically, the whole altcoin market will go up too. The challenge is you never know which ones are going to erupt as it can take years before that happens. Litecoin has gotten the media attention, and as a result, lots of investors want to invest in it. And he was right! The main difference is a decreased block generation time of just 2.5 minutes, compared to Bitcoin’s ten minutes. However, given how strong Litecoin has historically performed, Litecoin will rise once again, and this LTC price forecast guide will reveal how much projected value and estimated growth in Litecoin’s market price will occur in the future. The reason for this price increase was the upcoming halving, which took place on August 5. Traders can take advantage of similar tools provided by trading platforms like PrimeXBT, and open positions with up to 100x leverage on either the LTC/USD pair, or the LTC/BTC pair. The coin was fast to get the attention of the small but growing cryptocurrency community of the time. We offer a range of rates so that you can choose the best ones for buying or swapping Litecoin in the widget below. The year started at $41. It is also extremely popular with retail investors, traders, and more. PrimeXBT Trading Services LLC is not required to hold any financial services license or authorization in St. Vincent and the Grenadines to offer its products and services. Litecoin crypto coin has been active for over nine years now and has managed to be successful for most of this period. Technical analysis is the study of the history of prices and trading volumes in order to identify patterns on the basis of which price dynamics are predicted. It is often regarded as a better choice than Bitcoin. After all, no one in 2009 could have predicted Bitcoin would be worth around 10,000 dollars 10 years later. PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value added or similar tax) which may arise from Your participation in the trading with margin. In Litecoin, he is one of the key figures of the development team. However, recent market fluctuations and the defi market hype strongly damaged the price of Litecoin. Now the expert is talking about a rise in prices. In 2017, Litecoin became the first cryptocurrency to implement SegWit to solve the scalability problem. A popular digital currency maniac and venture … Bitcoin was the first-ever cryptocurrency, sparking an entire industry of altcoins created in hopes of improving upon what Bitcoin sought out to achieve. Litecoin is trading within a massive symmetrical triangle. Litecoin was the third cryptocurrency by market capitalization for a long time. On top of reporting differences, different exchanges may have different bitcoin prices for each date. If this penetration manages to reach 10%, its non-discounted utility price should reach nearly … Tweet this Buy Bitcoin now. Using the facts and predictions found in this guide, investors can determine if investing in or trading Litecoin is right for them. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2018, litecoin 2018 price, litecoin price prediction 2025. Since the start of the fall, there was only one significant LTC price drop and for the most part, the coin’s price evaded the overall market’s volatility. he/she/it is of an age of majority (at least 18 years of age), meets all other eligibility criteria and residency requirements, and is fully able and legally competent to use the Website, enter into agreement with the PrimeXBT and in doing so will not violate any other agreement to which he/she/it is a party; he/she/it has necessary and relevant experience and knowledge to deal with margin trading, cryptocurrencies and Blockchain-based systems, as well as full understanding of their framework, and is aware of all the merits, risks and any restrictions associated with margin trading, cryptocurrencies and Blockchain-based systems, as well as knows how to manage them, and is solely responsible for any evaluations based on such knowledge; he/she/it will not be using the Website for any illegal activity, including but not limited to money laundering and the financing of terrorism. Our service can help you with this. We can see the definite downward trend that can bounce the coin price right by the end of 2020 — absolutely the opposite opinion from the previous speaker. A cryptocurrency research firm by the name of Crypto Research Report Group is calling for Litecoin to reach $83 in 2020,  $1,200 in 2025, and $2,250 in 2030. Always keep an eye on market changes, especially Bitcoin, which is most often reflected in all altcoins. PrimeXBT offers Litecoin alongside other popular cryptocurrencies Bitcoin, Dogecoin Price Prediction: Can DOGE Provide Investors With “Much Wow”, Predicting the Price of Bitcoin Cash for 2020, 2023, and…. However, it looks like the coin managed to find a stable position. The event failed to spark a renewed bull market. This helpful Litecoin Price Prediction guide will help investors understand if LTC will rise like Bitcoin and reach prices of $1,000 or more in 2020 and what it will reach beyond 2025, This Litecoin price prediction guide will help investors make an informed decision if Litecoin is right for them, help them understand if, According to recent LTC news, Litecoin has been regularly used as a testbed for upcoming second-layer applications that will eventually be applied to. At the start of 2020, the cryptocurrency began to lead the market once again, causing many began to wonder “why is Litecoin going up” when the rest of the market is stagnant. Andreas Kaplan . FOLLOWING THE CONCLUSION OF THIS ANALYSIS, COMPANY MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY IN ORDER TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH COMPANY IS SUBJECT. Before it gets there, however, it will have to contend with resistance at roughly $150. Vinny Lingham Price Forecast of Bitcoin Litecoin was among the top 3 performing crypto asset of last year in 2019, even beating out Bitcoin itself. Litecoin also has strong support in the development community, and is often used as a testbed for other digital currency projects, due to how much developer activity the crypto asset has, and due to how simple it is to work with. Litecoin has been struggling to reclaim its previous all-time high, and according to analysis lower prices could be met before some of the biggest price predictions are ever reached. Ok, sorry to spoil the party, but I need to reign in the excitement a bit…Buying LTC is extremely risky. We’ve accumulated all the AI services’ forecasts like Wallet Investor, Digital Coin Price, and more in the tables below so you can see the possible figures in the next five years. Your holdings would be worth today. The Litecoin network invites users who want fast, quick solutions involving cryptocurrency and the blockchain technology, and since they are popular right now, they won’t want to miss out on the revolution. You can always do your own research based on the project roadmap, the implementation of the declared milestones, the developers and the top managers’ reputation. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Charlie Lee once spoke about price predicting and said it was impossible to predict any coin’s price. When Litecoin reached $50, the developer set a new goal of $60. This article will explain the fundamentals of Litecoin cryptocurrency, whether it is going to grow or fall. The most exciting thing is that Charlie Lee, the main developer of Litecoin cryptocurrency, participated in those right-men. That's a crease of %. These factors constitute the fundamental analysis of the coin. Despite its established position in the industry, the coin was affected by the overall descending dynamic of the market. Could we say that for low investmentand long term, is LTC is a good choice ? LTC coin is very similar to its predecessor but has some significant differences. ET of 2020 Litecoin will be suck within a range of $35 to $60 and one side will need to break to get to future targets. Already in 2020, Litecoin has rallied over 140%, despite a current retracement cutting the asset back down to roughly $50 per LTC. Some people are talking about an increase that can take its value to the $500 or $600 range, a tremendous percentage growth if sustained. 😀. Litecoin’s supply is hard-capped at 84,000,000 LTC, with 63,240,704 LTC in circulation. As in any sphere that can be predicted, there are people who are either wrong or right. Using the analysis from some of the industry’s best analysts and traders, LTC projected growth could reach a profitable projection as high as $13,000 in the long-term outlook, which would make it among the best performing assets of all-time, next to Bitcoin. The cryptocurrency market is so volatile that it is impossible to predict the exact value of the currency, but only the direction of the development of the common market. In 2017, the Profit Confidential company predicted that Litecoin would hit over $200. Beyond that, anything is possible depending on how widely cryptocurrencies are adopted and if they begin to replace fiat currencies like the Euro or USD. However, shortly after the peak, the LTC price dropped to 10 USD per coin in April 2014 and further to a little over 1 USD in February 2015. Exchange Regardless of this, the Bitcoin (BTC) giants have a positive stance for the future of the BTC. Crypto Ground has predicted for the year and even 5 years … In 2017 Litecoin reached its all-time high of $360.66 before falling back down to roughly $20 before bouncing back higher ahead of the halving in 2019. The community was furious with him, but he was ultimately correct in his prediction. Like Bitcoin, Litecoin is a cryptocurrency with enormous long-term projected growth. This led to a drop in the LTC hash rate by more than 70%. in the asset. Litecoin is a cryptocurrency designed by former Google and engineer for a crypto exchange, Charlie “Satoshi Lite” Lee. We’ll use the fundamental analysis to determine the long-term prospects of the LTC coin. So he predicted a drop from $300 to $20. According to him, Litecoin can reach $1,000. For the remainder. Still, it looks like the recent drops of the price made the currency a perfect asset to invest in and gain profit from in the following year. Surprisingly, a little later in the same year the value of the asset reached $300 per coin. PRIMEXBT DOES NOT ACCEPT ANY USERS OR RESIDENTS FROM UNITED STATES OF AMERICA, JAPAN, SAINT VINCENT AND THE GRENADINES, CANADA, ALGERIA, ECUADOR, IRAN, SYRIA, NORTH KOREA OR SUDAN, UNITED STATES MINOR OUTLYING ISLANDS, AMERICAN SAMOA, RUSSIAN FEDERATION AND THE COUNTRIES OR TERRITORIES WHERE ITS ACTIVITY SHALL BE ESPECIALLY LICENSED, ACCREDITED OR REGULATED BY OTHER WAYS. IF YOU ARE TRAVELLING TO ANY OF THESE COUNTRIES, YOU ACKNOWLEDGE THAT OUR SERVICES MAY BE UNAVAILABLE AND/OR BLOCKED IN SUCH COUNTRIES. However, he did not predict the growth of his coin, but the fall. According to the TradingView user TopTradingSignals, it’s time to sell Litecoin by the end of 2020. This would put the asset’s cap closer to silver and make it a more likely digital counterpart. At that point, LTC was trading at just $60 per token. Since 84 percent of Bitcoin’s 21 million coins is already in supply, the $294 trillion will be shared among the slightly above three million coins which are yet to be mined. Technical analysis is more popular for the short term analysis. $50 ✅Now litecoin $60… https://t.co/j2MDrtV6Fv. According to the Crypto Research Report Group, Litecoin is headed to the following points in the future: $83 in 2020, $1,200 in 2025, and $2,250 in 2030. If we consider Bitcoin, Ethereum and Litecoin, then the first two coins demonstrate a healthy commitment of the team to developing their projects. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT USE THE WEB-SITE, AND TO THE EXTENT PERMITTED BY LAW, YOU AGREE NOT TO HOLD ANY OF THE COMPANY AND ITS RESPECTIVE PAST, PRESENT AND FUTURE EMPLOYEES, OFFICERS, DIRECTORS, CONTRACTORS, CONSULTANTS, EQUITY HOLDERS, SUPPLIERS, VENDORS, SERVICE PROVIDERS, PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, AGENTS, REPRESENTATIVES, PREDECESSORS, SUCCESSORS AND ASSIGNS LIABLE FOR ANY LOSSES OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING FROM, OR IN ANY WAY CONNECTED, TO THE TRADING WITH MARGIN, INCLUDING LOSSES ASSOCIATED WITH THE TRADING WITH MARGIN. It says Bitcoin will reach $19,044 by the end of the year. PrimeXBT Trading Services LLC is incorporated in St. Vincent and the Grenadines as an operating subsidiary within the PrimeXBT group of companies. Unfortunately for Charlie Lee, he was right. Bitcoin Profit Calculator. Speaking of which, experts from various circles pointed out that Litecoin, currently traded at approximately $130, has the foundations to reach new heights in 2018. Content, research, tools, and coin symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular asset or to engage in any particular investment strategy. Litecoin has garnered the attention from the likes of many sports leagues, and is the official cryptocurrency sponsor of the UFC, the MMA brand also known as Ultimate Fighting Championship. The downward LTC price trend only changed a couple of times – in February and April. You alone are responsible for evaluating the merits and risks associated with the use of our systems, services or products. This speeds up transaction times and its lightweight design is where the name “Lite Coin” came from. Prior to the halving, Litecoin was trading at $140 per LTC coin, nearly half of its all-time high and an over 600% gain from its bottom price. Zakaria M, one of the eminent Steemit blogger claims that a single Dogecoin would be worth $1 in 5 years time frame.He/she further added that with all other fiat currencies moving in and out of Doge, $1 or even $10 a Doge is reasonable in five years.” #2 Crypto Ground. With the asset’s price rising and falling to such extremes, Litecoin is a trader’s dream as they can profit from both long and short positions as LTC bounces between peak and trough. Privacy Policy, [email protected] – blog content producer 2025 will continue to hold BTC price at a high level. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2019, litecoin 2019 price, litecoin price prediction 2025. In a tweet, the Litecoin Foundation member called for $60 Litecoin in the near term. Nobody is bearish about the price of litecoin, which is a good sign to me, Your email address will not be published. We do not provide any investment advice. Quite bullish. Tags: how much will litecoin be worth in 2020, how much will litecoin be worth in 1 year, what could litecoin be worth in 10 years, litecoin forecast 2020, litecoin predictions, litecoin forecast 2018, litecoin 2018 price, litecoin … The price of $7,200 at the end of 2019 suggests that Bitcoin has penetrated less than 0.44% of its total addressable markets [worth $212 trillion]. Since then, the asset began to recover and rose 57% from the minimum, and then reached the price of $43 at the time of writing. He famously warned: “Buying LTC is extremely risky. LTC price even increased during the period from December 8 to January 30. Of course, the creator always believes in his creation as much as Charlie Lee believes in Litecoin. The company does accept only participants: Keep in mind that trading with margin may be subject to taxation. Bitcoin’s price seems to have settled down somewhat following its major rally, and subsequent fall and correction. There are many experts and influencers who are inspired by Litecoin cryptocurrency. Litecoin is supported by most countries regulatory entities, as it is among the earliest cryptocurrencies to hit the market. All investments involve risk, losses may exceed the principal invested. With so much going on in Litecoin’s favor, it is easy to see why analysts and industry experts have made such strong Litecoin price predictions. Despite the corrections, Litecoin has a strong long-term price trajectory and outlook that suggest that Litecoin potential is extremely high. When Bitcoin was first introduced in 2008, it was worth $0.0008. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). Litecoin’s strength in the market shows frequently, as it is the altcoin asset that most commonly leads rallies, and its recent halving helped pull Litecoin, Bitcoin, and the rest of the crypto market out of a bear market and into a bull market. A breakdown could take Litecoin back to prices below $20, while a breakout would propel LTC back towards its former all-time high. Obviously, the latter group is smaller. More sideways consolidation is likely after such damage has been done to sentiment. I’m still wondering why Litecoin price increase. As you’ve already understood, investing in Litecoin is safe and possibly profitable. Supported Currencies It can only be a firm belief in his project. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). After a few years […] These products are not suitable for all investors. In 2016, the Litecoin price reached $300! Website. Let’s analyze the whole Litecoin cryptocurrency price performance. Lee is still heavily involved in the project, and is the Managing Director of the Litecoin Foundation, a team dedicated to pushing Litecoin adoption, increasing its value proposition in the market, and establishing Litecoin growth in the long term. PrimeXBT products are complex instruments and come with a high risk of losing money rapidly due to leverage. That year, it peaked at over $300 per coin. However, after its launch on October 8, 2011, its price remained to be relatively low, with an average value of around $3. The widget below to silver and make it a more likely digital counterpart was the. Gambardello launched his own crypto-focused Venture Capital firm and looks to fund projects throughout the cryptocurrency world peak of! Have to contend with resistance at roughly $ 150 any time questions considering Litecoin future can definitely say that ’. 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