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 7 days

Next 7 days brief prediction

Price of LTC will be traded in CHANNEL near to $53.500004 with $55.000004 as upper border and $51.850002 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: 5.466 11 Nov 2018
$55.72864532470703 Weight: 6.686 31 Jan 2026

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
55.000004 Channel maximum price resist level based on 7 days movements
51.850002 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 is now on EDGE at $51.789997. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $57.769997 with $60.009995 as upper border and $51.789997 as bottom. If price will go down, it will FALL with support level $51.789997

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
$75.9159164428711 Weight: 10.492 23 Aug 2019
$72.69001770019531 Weight: 11.692 22 May 2022
$71.43145751953125 Weight: 10.715 09 May 2019
$70.8079605102539 Weight: 18.284 11 Dec 2020
$70.434326171875 Weight: 15.854 22 May 2022
$70.31344604492188 Weight: 15.832 21 May 2022
$68.2486572265625 Weight: 34.765 23 Jan 2026
$67.35877990722656 Weight: 8.485 18 Aug 2020
$66.1999740600586 Weight: 13.393 30 May 2022
$58.00286865234375 Weight: 19.68 12 May 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
51.789997 Edge price dividing trends based on 30 days movements
60.009995 Channel maximum price resist level based in case of RAISE trend on 30 days movements
51.789997 Channel minimum price resist level based in case of RAISE trend on 30 days movements
51.789997 Minimum price support level in case of FALL trend based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9849432 details, prediction
0.97136474 details, prediction
0.95975226 details, prediction
0.93980247 details, prediction
0.91073287 details, prediction
Second tier
0.99420565 details, prediction
0.9562922 details, prediction
0.952185 details, prediction
0.9311477 details, prediction
0.9010554 details, prediction
Third tier
0.9765354 details, prediction
0.9424104 details, prediction
0.92762625 details, prediction
0.9176808 details, prediction
0.91254216 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
0.28379202 details, prediction
0.2878305 details, prediction
0.39386246 details, prediction
0.4280321 details, prediction
0.4361843 details, prediction
Second tier
-0.5847216 details, prediction
-0.249627 details, prediction
-0.10368492 details, prediction
0.10077856 details, prediction
0.11262675 details, prediction
Third tier
-0.74949837 details, prediction
-0.6476794 details, prediction
-0.35333323 details, prediction
-0.22521907 details, prediction
0.5068428 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)