In 2021, many cryptocurrencies succeeded in the bull run. And it's remarkable how meme coins outperformed most flagships coins like ETH, ADA, XRP etc.
Litecoin, being one of the trusted cryptos, mooned to $386 in May 2021. As of now, LTC is ranked 15th in coinmarketcap.com. Moreover, Litecoin's vision is ambitious. It aims to be available through PayPal, to become available on every crypto exchange.
You would probably know Litecoin (LTC) is one the oldest cryptocurrencies in the market. The creator of Charlie Lee created LTC as an alternative to BTC.
As an alternative to BTC, Litecoin also targets to provide traders with peer-to-peer(P2P) transactions.
Please be noted that this article is based on technical analysis only.
Litecoin (LTC) Price Prediction 2021
Litecoin had performed well during the 1st half of 2021. According to CoinQuora Litecoin (LTC) Price Prediction, LTC price will range from $228.11 to $339.12. If the LTC goes along with the bull trend, the LTC price might also reach $600.
on the other hand, LTC bearish market price can hit $104.05.
Litecoin (LTC) Price Prediction 2022, 2023
As per our analysis, If the bullish trend continues, Litecoin (LTC) can achieve $700 by the end of 2022.
Litecoin price will reach $850 in 2023. However, this can only happen if the market continues its bullish run.