Symbolic levels of $500 or even $1000 could be reached. If the cryptocurrencies market returns to a very bullish phase as it did in 2017, then it is likely that Litecoin will climb back to its historical high of $371 and then go even higher. As Bitcoin’s halving in May 2020 approaches, and if Bitcoin returns to a bull market, then Litecoin could first regain $150. In the short term, it is likely that the price of Litecoin will continue to consolidate around $50 in the early months of 2020. The probability remains high that the price of Litecoin will reach new historical highs, above $371, starting in 2021 or 2022.īut beware, the market for cryptocurrencies is very volatile and it is impossible to make an accurate prediction for the long term. It would therefore not be surprising if it continues to follow the cycles of Bitcoin. Litecoin is one of the most correlated altcoins with Bitcoin. It then fell back to $50 in the second half of 2019. In 2019, Litecoin started in a bull market and its price climbed to $145 in June 2019. In 2018, Litecoin suffers a new crash like the whole cryptocurrencies market and its price will fall back to a low of around 25 dollars on December 15, 2018. The absolute record is set at around 371 dollars on 19 December 2017, i.e. In November and December 2017, Litecoin takes advantage of the cryptocurrencies bubble and the price literally soars.
It rises from $3 at the end of March 2017 to $50 in July 2017 and reaches $80 in September 2017.
Gox exchange, the price of Litecoin suffers and falls back to around 1 dollar in January 2015.Īfter a small rise in the spring of 2015, Litecoin enters a two year consolidation period and its price stabilizes around $3.įrom the end of March 2017 Litecoin starts its second bull market.
The price is multiplied by more than 10 to reach about 50 dollars.īut with the bear market of 2014 and the scandal of the Mt. The price of Litecoin evolves from 2011 to 2013 between a few tens of centimes and 3 dollars.īut from November 2013 the price of litecoin will experience its first bull market in a few days. It is quickly listed on a few market places and its price quickly reaches 30 cents of dollar (USD). Litecoin (LTC) is one of the first altcoins, created in 2011 by Charlie Lee.