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Litecoin (LTC) Price Prediction: New Lows or Revisited Highs for LTC?



Litecoin was one of the top cryptocurrencies that had taken on the latest market dip.

Litecoin was due to -18% of LTC value in the course of the week

Litecoin had previously struggled to touch the value of 70 $ once again, constantly going back and forth between $ 55 and $ 65 for weeks until it finally went below $ 50.

Now that Litecoin wants to be revisiting some more flattering prices.

The market is still feeling bearish; however, LTC has a chance of bouncing back up by a bit over 1% against the fiat.

Will Litecoin (LTC) Revisit Some of Its High Value or Continue with the Dip?

19659007] Litecoin has definitely touched the price in 2018.

Previously struggling with keeping its value above $ 60, Litecoin finally gave up on the negative market trends, which drove the crypto down below the value of $ 50. [19659002] Litecoin was $ 42, however, LTC is still in decline by -18% in the course of a week.

The case of Litecoin Ethiopia, Bitcoin, and Bitcoin Are as good as new lows, not all good enough to acquire at least 1% of growth in the last 24 hours.

As far as Litecoin concerned, some analysts indicate that at its low, Litecoin wants to be able to get back to the value of $ 100 by November 2019 with the predicted annual growth of over 120%.

However, there is hardly any significant increase for LTC by the end of 2018 that could be closer to $ 70, at least not at its current pace of growth.

Some Analysis Indicate New Lows for Litecoin by December 2018

Based on the current rate of growth of Litecoin which is currently recording almost -40% of loss in the overall value of the course of the last This article was previously published under Q307359.

Calculations based on the previous momentum of LTC in the market indicate that the crypto could go to as low as 37 Litecoin (LTC) Price Today – LTC / USD

In Case Litecoin would continue at the current pace of growth, the seventh crypto would not be able to see a major rebound by the end of 2 018.

Even though Litecoin made some major scores when it comes to adoption during 2018, it appears that the initial success is not the value of LTC.


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