Litecoin price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Litecoin price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of LTC will be traded in CHANNEL near to $56.4 with $57.300003 as upper border and $54.800003 as bottom.

Historic price levels for next 24 hours

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$57.19246292114258 Weight: 8.574 11 Nov 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
57.300003 Channel maximum price resist level based on 24 hours movements
54.800003 Channel minimum price resist level based on 24 hours movements

Litecoin price levels prediction for next 7 days

Next 7 days brief prediction

Price of LTC will be traded in CHANNEL near to $56.0 with $58.32 as upper border and $53.96 as bottom.

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$57.19246292114258 Weight: 8.574 11 Nov 2018
$49.5905876159668 Weight: 9.592 14 Aug 2018
$49.3158073425293 Weight: 6.757 02 Nov 2017
$48.36684799194336 Weight: 5.228 09 Oct 2017
$45.43785095214844 Weight: 5.603 17 Mar 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
58.32 Channel maximum price resist level based on 7 days movements
53.96 Channel minimum price resist level based on 7 days movements

Litecoin price levels prediction for next 30 days

Next 30 days brief prediction

Price of LTC will be traded in CHANNEL near to $44.480003 with $56.760002 as upper border and $41.440002 as bottom.

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$57.19246292114258 Weight: 8.574 11 Nov 2018
$49.5905876159668 Weight: 9.592 14 Aug 2018
$49.3158073425293 Weight: 6.757 02 Nov 2017
$48.36684799194336 Weight: 5.228 09 Oct 2017
$45.43785095214844 Weight: 5.603 17 Mar 2020
$38.857540130615234 Weight: 28.61 23 Aug 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
56.760002 Channel maximum price resist level based on 30 days movements
41.440002 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9154803 details, prediction
0.85188127 details, prediction
0.82708687 details, prediction
0.8201908 details, prediction
0.70438194 details, prediction
Second tier
0.60985196 details, prediction
0.5358213 details, prediction
0.45675784 details, prediction
0.41997945 details, prediction
0.39192975 details, prediction
Third tier
0.91023433 details, prediction
0.82890135 details, prediction
0.78628 details, prediction
0.7852553 details, prediction
0.590613 details, prediction


This report should be leaned to get most info about heading trends. It means that Litecoin price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Litecoin
Low correlated currencies
Coin Correlation Links
First tier
-0.17438118 details, prediction
-0.16951634 details, prediction
-0.14022726 details, prediction
-0.05170992 details, prediction
0.2465076 details, prediction
Second tier
-0.44199717 details, prediction
-0.3840178 details, prediction
-0.36016527 details, prediction
-0.3359686 details, prediction
-0.29724005 details, prediction
Third tier
-0.6310725 details, prediction
-0.48417068 details, prediction
-0.44942307 details, prediction
-0.42829296 details, prediction
-0.42647612 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)