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 has broken last trend and will FALL from the support level $62.559998

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
$76.46710968017578 Weight: 8.097 29 Nov 2017
$73.65878295898438 Weight: 20.922 24 Jun 2018
$71.43145751953125 Weight: 13.466 09 May 2019
$71.22663879394531 Weight: 5.475 15 Oct 2017
$70.8079605102539 Weight: 18.383 11 Dec 2020
$70.434326171875 Weight: 15.94 22 May 2022
$70.31344604492188 Weight: 15.918 21 May 2022
$65.74421691894531 Weight: 5.993 14 Aug 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
62.559998 Maximum 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 $69.9

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
$119.62005615234375 Weight: 80.573 23 May 2021
$109.66188049316406 Weight: 32.057 30 Mar 2018
$105.74795532226562 Weight: 22.171 06 Feb 2018
$104.2449951171875 Weight: 33.091 20 Jul 2021
$101.89897918701172 Weight: 74.921 02 Feb 2018
$101.8746566772461 Weight: 21.21 14 Jan 2021
$99.11107635498047 Weight: 40.274 24 Jan 2022
$89.0424575805664 Weight: 69.577 07 Dec 2017
$73.65878295898438 Weight: 20.922 24 Jun 2018
$52.79779052734375 Weight: 20.743 23 Oct 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
69.9 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8024347 details, prediction
0.75061476 details, prediction
0.70132464 details, prediction
0.63677186 details, prediction
0.6307408 details, prediction
Second tier
0.79884183 details, prediction
0.67169505 details, prediction
0.5919667 details, prediction
0.5791895 details, prediction
0.57277036 details, prediction
Third tier
0.85435057 details, prediction
0.7012796 details, prediction
0.69297564 details, prediction
0.6858292 details, prediction
0.666665 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
-0.46961737 details, prediction
-0.38763478 details, prediction
-0.31999442 details, prediction
-0.011472047 details, prediction
0.065186225 details, prediction
Second tier
-0.42075953 details, prediction
-0.20207985 details, prediction
-0.19930564 details, prediction
-0.1734729 details, prediction
0.049629986 details, prediction
Third tier
-0.7491464 details, prediction
-0.72521293 details, prediction
-0.51384586 details, prediction
-0.47896183 details, prediction
-0.46144068 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)