Key Takeaways
Litecoin (LTC), founded in 2011 as an alternative to Bitcoin (BTC), is one of the longest-serving altcoins. It has earned itself a following.
Although it rarely makes the headlines, it can be seen as a strong and reliable crypto performer. Indeed, there is an argument that if Bitcoin is “digital gold,” Litecoin could well be “digital silver.”
Interest in Litecoin rose in 2023 as it built towards its latest halving. On Aug. 2, the amount of LTC available to its miners went down by 50% in a bid to keep the price up. However, the price has not performed well in either 2023 or 2024, doing less well than the overall crypto market.
There was, however, something to celebrate in January 2025, when Litecoin had its 300 millionth transaction .
On Jan. 6, Litecoin was worth about $113.15.
Let’s take a look at our own Litecoin price prediction, made on Jan. 6, 2025. We’ll also examine the Litecoin price history and talk a little about what Litecoin is and what it does.
Let’s look at the Litecoin price predictions made by CCN on Jan. 6. We will use the wave count method to make our predictions and add and subtract 20% from the final target to arrive at our minimum and maximum price predictions.
Minimum Litecoin Price Prediction | Average Litecoin Price Prediction | Maximum Litecoin Price Prediction | |
---|---|---|---|
2025 | $56 | $68 | $80 |
2026 | $110 | $135 | $160 |
2030 | $100 | $125 | $150 |
The most likely count suggests that the LTC price has started a five-wave upward movement (white) after completing an A-B-C correction (black).
It is still unclear if this is part of a larger A-B-C structure or a new five-wave upward movement. In either case, the next increase could have 1.61 times the length of the previous one, leading to a target of $195.
After the high is reached, LTC could begin a similar correction as the one in July 2023.
During these projected upward and downward movements, the wave count method leads to Litecoin price predictions of $68 and $135 for the end of 2025 and 2026, respectively.
Finally, we will use the rate of increase for the past five years to make an LTC price prediction for the end of 2030.
Litecoin has increased by 40% since January 2019, for a daily rate of 0.023%. Projecting this increase until the end of 2030 leads to a Litecoin price prediction of $125.
The wave count method predicts that Litecoin’s price will range between $56 and $80 by the end of 2025.
The wave count method predicts that Litecoin’s price will range between $110 and $160 by the end of 2025.
Using the daily rate of increase for the past five years, we arrive at a Litecoin price prediction range between $100 and $150 for the end of 2030.
Litecoin’s weekly time frame chart shows that the price has broken out from a descending resistance trend line and validated it as support.
Afterward, LTC closed above the $110 horizontal resistance area, which is now likely to act as support.
Technical indicators support the increase. The RSI is above 50 and increasing while the MACD is doing the same above 0.
Therefore, the weekly time frame chart suggests that LTC will continue increasing to new highs.
The Litecoin price prediction for the next 24 hours is bullish. As long as the price does not close below the $110 area, an upward movement is expected.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 6, Litecoin’s ATR was 7.91, implying relatively low volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and 30 show overbought and oversold conditions, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 6, the Litecoin RSI was at 55, a sign of a somewhat bullish trend.
The CCN Strength Index combines an array of advanced market signals to quantify the strength of individual cryptocurrencies over a recent 30-day period.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Jan. 6, Litecoin scored 38.6 on the CCN Index, suggesting average momentum.
Litecoin is an offshoot of Bitcoin, so let’s compare it with BTC and its other spinoffs.
Current Price | One Year Ago | Price Change | |
---|---|---|---|
Litecoin | $113.15 | $66.11 | +71.1% |
Bitcoin | $98,955 | $44,227 | +123% |
Bitcoin Cash | $470.25 | $242.79 | +93.6% |
eCash | $0.0000372 | $0.00003498 | +6.34% |
Let’s examine Litecoin’s price history more closely . While past performance isn’t necessarily indicative of future results, understanding what Litecoin has done can help us contextualize future predictions.
Period | Litecoin price |
---|---|
Last Week (Dec. 30, 2024) | $102.72 |
Last Month (Dec. 6, 2024) | $138.82 |
Three Months ago (Oct. 6, 2024) | $67.60 |
One Year ago (Jan. 6, 2024) | $66.11 |
Five years ago (Jan. 6, 2020) | $45.96 |
Launch Price (April 28, 2013) | $4.30 |
All-Time High (May 10, 2021) | $412.96 |
All-Time Low (Jan. 14, 2015) | $1.11 |
The market capitalization, or market cap, is the sum of the total number of LTC in circulation multiplied by its price.
On Jan. 6, Litecoin’s market cap was $8.5 billion, making it the 22nd-largest crypto by that metric.
On Jan. 6, one wallet held a little under 6% of the supply of Litecoin.
As of Jan. 6, the five wallets with the most Litecoin were
Supply and distribution | Figures |
---|---|
Maximum Supply | 84,000,000 |
Circulating supply as of Jan. 6 | 75,388,593 (89.74% of maximum supply) |
Holder distribution | The top 10 holders own 14.68% of the maximum supply as of Jan. 6 |
In its technical documentation or whitepaper , Litecoin describes itself as the “silver to Bitcoin’s gold” and a “real alternative” to BTC.
It says, “Litecoin is a peer-to-peer Internet currency that enables instant, near-zero-cost payments to anyone in the world. Litecoin is an open-source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their finances.
“Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.”
Bitcoin is the original cryptocurrency. However, Satoshi Nakamoto’s brainchild is not without its disadvantages. For instance, the Bitcoin blockchain can be slow and unwieldy. This means people not only have to wait longer for their transactions to be carried out, but it also costs them more money.
Litecoin aims to be a faster, easier, and cheaper version of Bitcoin.
The platform exists primarily to support its native coin, which is known by the ticker handle LTC.
In May 2023, however, Litecoin launched its LTC-20 tokens, cryptocurrencies based on the Litecoin blockchain, as an experiment. LTC-20s could potentially be the system’s equivalent of non-fungible tokens (NFTs).
Litecoin, like Bitcoin, uses a Proof-of-Work consensus mechanism. This means that people add blocks to the blockchain, verify transactions, and earn rewards by solving increasingly complex mathematical equations.
What makes Litecoin a bit different from Bitcoin is that It uses a mining protocol called Scrypt. This means that transactions are split into two parts, which makes them a bit easier—or lighter—and quicker.
In addition to rewarding miners, holders can use their LTC to buy some real-world products. People can buy, sell, and trade it on exchanges.
It is difficult to tell. While Litecoin has always seemed to perform comparatively consistently—and even outperformed the market in 2022—it isn’t exactly a glamorous coin.
Additionally, Litecoin underperformed in both 2023 and 2024. We will also have to see if LTC can get some more real-world uses, which could help bring it to the attention of a new generation of potential holders. The news of its 300 millionth transaction is encouraging.
As always with crypto, you should do your research before deciding whether or not to invest in LTC.
No one can tell right now. While the Litecoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Litecoin, you will have to do your research, not only on LTC but on other related coins and tokens such as Bitcoin Cash (BCH) and Bitcoin SV (BSV). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
Our long-term price predictions suggest that Litecoin will not reach $1,000 in the near future. LTC is used to reward miners on the Litecoin blockchain. It has a number of real-world uses, and can also be bought, sold, and traded on exchanges. Will Litecoin reach $1,000?
What is Litecoin used for?