Litecoin Price Prediction 2024

Krutika Adani

Litecoin at $64

After reaching the $100 level in late March this year, Bitcoin has corrected more than 36% to reach its current levels

Slide to 21st Rank

Once among the top 10 cryptos, Litecoin has now fallen to 21st rank showing a severe erosion in its market cap.

Is It Fundamentally Strong?

Litecoin was meant to be a faster version of Bitcoin and is a little outdated at present because almost all other chains, including Ethereum, can do what was once Litecoin’s monopoly. However, the crypto has seen strong network activity in the recent past.

Charts Show Indecisiveness

Technical charts show that Litecoin might remain suppressed for a few days but will eventually resume its uptrend that started in early August.

Price Levels To Watch

Litecoin could see a pullback towards $85 if it manages to breach the resistance at $74.

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