Litecoin Price Prediction 2024
Litecoin is a peer-to-peer cryptocurrency allowing anyone to transact without permission. It is not subject to government or financial institution control.
So far, 2024 has been a mixed bag for Litecoin, with a bearish week to start and a remarkable bullish jump in the next. Currently, the bullish struggle to cross the 200D EMA remains a pivotal stop in the LTC price trend.
With projected network growth, increased adoption, and the bullish support anticipated from the Bitcoin halving, LTCâs price could significantly surge in 2024. Our analysis suggests that Litecoin could reach a high of $187.27 by mid-2024.
However, market exhaustion during the second half could potentially lead to a price drop, bringing LTC down to around $113.61. Despite this potential dip, the average price for Litecoin in 2024 is projected to be around $150.44.Â
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