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 has broken last trend and will RAISE from the support level $50.32

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
$49.5905876159668 Weight: 9.575 14 Aug 2018
$49.3158073425293 Weight: 6.745 02 Nov 2017
$48.36684799194336 Weight: 5.219 09 Oct 2017
$43.87791442871094 Weight: 5.034 07 Sep 2020

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
50.32 Minimal price support level based on 24 hours movements

Litecoin price levels prediction for next 7 days

Next 7 days brief prediction

Price of LTC has broken last trend and will RAISE from the support level $48.920002

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
$49.5905876159668 Weight: 9.575 14 Aug 2018
$49.3158073425293 Weight: 6.745 02 Nov 2017
$48.36684799194336 Weight: 5.219 09 Oct 2017
$43.87791442871094 Weight: 5.034 07 Sep 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
48.920002 Minimal price support level based on 7 days movements

Litecoin price levels prediction for next 30 days

Next 30 days brief prediction

Price of LTC has broken last trend and will RAISE from the support level $48.559998

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
$67.35877990722656 Weight: 8.278 18 Aug 2020
$57.19246292114258 Weight: 8.559 11 Nov 2018
$49.5905876159668 Weight: 9.575 14 Aug 2018
$49.3158073425293 Weight: 6.745 02 Nov 2017
$48.36684799194336 Weight: 5.219 09 Oct 2017
$43.87791442871094 Weight: 5.034 07 Sep 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
48.559998 Minimal price support 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
0.45675784 details, prediction
0.41997945 details, prediction
0.39192975 details, prediction
0.3545086 details, prediction
Third tier
0.92400146 details, prediction
0.91023433 details, prediction
0.82890135 details, prediction
0.78628 details, prediction
0.7852553 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
0.010723494 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)