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 $58.559998 with $59.159996 as upper border and $57.6 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: 6.471 11 Nov 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
59.159996 Channel maximum price resist level based on 24 hours movements
57.6 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 $60.200005 with $63.000004 as upper border and $57.700005 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: 6.471 11 Nov 2018
$49.5905876159668 Weight: 45.904 14 Aug 2018
$49.3158073425293 Weight: 6.767 02 Nov 2017
$48.36684799194336 Weight: 5.236 09 Oct 2017

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
63.000004 Channel maximum price resist level based on 7 days movements
57.700005 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 $58.98 with $63.21 as upper border and $52.68 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
$78.33435821533203 Weight: 12.14 17 Jul 2019
$76.46710968017578 Weight: 8.746 29 Nov 2017
$75.9159164428711 Weight: 11.399 23 Aug 2019
$75.040771484375 Weight: 11.154 23 Aug 2019
$73.65878295898438 Weight: 8.375 24 Jun 2018
$71.43145751953125 Weight: 11.638 09 May 2019
$69.22433471679688 Weight: 6.728 04 Sep 2018
$49.5905876159668 Weight: 45.904 14 Aug 2018
$49.3158073425293 Weight: 6.767 02 Nov 2017
$38.857540130615234 Weight: 21.697 23 Aug 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
63.21 Channel maximum price resist level based on 30 days movements
52.68 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.97734743 details, prediction
0.9659835 details, prediction
0.93564814 details, prediction
0.9348917 details, prediction
0.9271316 details, prediction
Second tier
0.98805195 details, prediction
0.9850191 details, prediction
0.9751684 details, prediction
0.9617346 details, prediction
0.95977944 details, prediction
Third tier
0.9736347 details, prediction
0.9703931 details, prediction
0.9690567 details, prediction
0.9672809 details, prediction
0.96666497 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
-0.07887366 details, prediction
0.019477425 details, prediction
0.4362295 details, prediction
0.67104656 details, prediction
0.70759404 details, prediction
Second tier
-0.5651427 details, prediction
-0.5239713 details, prediction
-0.2703554 details, prediction
-0.23164004 details, prediction
-0.18828502 details, prediction
Third tier
-0.7948626 details, prediction
-0.786146 details, prediction
-0.76697654 details, prediction
-0.74863726 details, prediction
-0.7121221 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)