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 $56.600002

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
$58.00286865234375 Weight: 18.677 12 May 2022

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
56.600002 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 $55.84

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
$109.66188049316406 Weight: 31.664 30 Mar 2018
$105.74795532226562 Weight: 21.899 06 Feb 2018
$104.2449951171875 Weight: 32.686 20 Jul 2021
$101.89897918701172 Weight: 74.004 02 Feb 2018
$101.8746566772461 Weight: 20.95 14 Jan 2021
$99.11107635498047 Weight: 21.177 24 Jan 2022
$89.0424575805664 Weight: 68.725 07 Dec 2017
$73.65878295898438 Weight: 20.666 24 Jun 2018
$70.8079605102539 Weight: 18.158 11 Dec 2020
$58.00286865234375 Weight: 18.677 12 May 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
55.84 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 is now on EDGE at $55.699997. So the next scenario is able. If price will go up, it will RAISE with support level $55.699997 If price will go down it will spend next in CHANNEL near to $52.199997 with $55.699997 as upper border and $42.399998 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
$109.66188049316406 Weight: 31.664 30 Mar 2018
$105.74795532226562 Weight: 21.899 06 Feb 2018
$104.2449951171875 Weight: 32.686 20 Jul 2021
$101.89897918701172 Weight: 74.004 02 Feb 2018
$101.8746566772461 Weight: 20.95 14 Jan 2021
$99.11107635498047 Weight: 21.177 24 Jan 2022
$89.0424575805664 Weight: 68.725 07 Dec 2017
$73.65878295898438 Weight: 20.666 24 Jun 2018
$58.00286865234375 Weight: 18.677 12 May 2022
$38.857540130615234 Weight: 26.421 23 Aug 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
55.699997 Edge price dividing trends based on 30 days movements
42.399998 Minimum price support level in case of RAISE trend based on 30 days movements
55.699997 Channel maximum price resist level based in case of FALL trend on 30 days movements
42.399998 Channel minimum price resist level based in case of FALL trend on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.98893136 details, prediction
0.987875 details, prediction
0.9840569 details, prediction
0.98329735 details, prediction
0.97948736 details, prediction
Second tier
0.9891943 details, prediction
0.9848742 details, prediction
0.98346823 details, prediction
0.98335016 details, prediction
0.9816255 details, prediction
Third tier
0.98622096 details, prediction
0.9809418 details, prediction
0.9802489 details, prediction
0.9793355 details, prediction
0.97732514 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
-0.40743735 details, prediction
0.70510757 details, prediction
0.813548 details, prediction
0.875084 details, prediction
0.9212035 details, prediction
Second tier
-0.6047012 details, prediction
-0.583568 details, prediction
-0.52893215 details, prediction
-0.48126388 details, prediction
-0.36766803 details, prediction
Third tier
-0.88961446 details, prediction
-0.7118759 details, prediction
-0.70573175 details, prediction
-0.59037966 details, prediction
-0.58459747 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)