Litecoin Price

Litecoin is a decentralized digital currency, offering a cutting edge payment system that allows instant and cost-effective transfer of payments among its users. The cyrptocurrency is believed to be the third most popular digital currency after Bitcoin and Ethereum.

How to Check Real-Time Litecoin Price?

On our website, we offer live litecoin price feed and charts. Not to mention, accurate price is a foundation for all kinds of trading analysis. Our website is mobile friendly which means you can get updated with live litecoin price on the go as well.

Rise in Litecoin Value – A Historical Overview

Litecoin started 2017 with a price hovering around $4.50.On May 10, the cyrptocurrency surged to the all-time high level of $37 before pulling back to $28 till June 8. The next upward wave peaked at $52 in July, printing a fresh all-time high for Litecoin. The third upward wave in Litecoin was observed during September this year when the cyrptocurrency surged above the $80 mark. According to projections of analysts, Litecoin is likely to test the $100 resistance by the mid of next year.

Litecoin Market Capitalization

Litecoin market cap is around $5 billion at the time of writing – however like all financial instruments, this will always vary depending on  supply and demand. Litecoin continues to hold its position in the top 10 of the cryptocurrencies despite the huge amount of new coins being created almost weekly.

Litecoin Market Cap

How to Predict Litecoin Future Price?

Predicting Litecoin future price is similar to prediction of any other asset. You have to consider two factors in mind for successful prediction of litecoin future price;

1) Fundamental analysis

2) Technical Analysis

Fundamental analysis refers to the study of various fundamentals responsible for change in the litcoin price. Some main fundamentals include regulations and laws pertaining to cryptocurrencies, change in the value of US Dollar or unusual events such as widespread hacking etc.

On the other hand, technical analysis refers to the study of charts. Technical analysis focuses on candlestick charts, Fibonacci numbers, chart patterns and volume analysis.

For more live prices of the major coins in terms of market cap, see below;

Litecoin Exchange Rate Vs Other Currencies

Similar to other cryptocurrencies, Litecoin exchange rate is primarily compared with the US Dollar followed by its biggest rivals Bitcoin and Ethereum. On our website, you can check out Litecoin exchange rate verses dollar as well as other currencies and cryptocurrencies.

How to Conduct Litecoin Price Analysis

In order to conduct Litecoin price analysis, it is preferred to analyse a real-time Litecoin chart (which can be found on our website). You can insert different technical tools on our chart. The tools include but are not limited to trendlines, Fibonacci ratios, Fibonacci arcs and indicators such as MACD, Moving Averages and CCI etc.

FAQs

What is Litecoin worth?
Currently all cryptocurrencies are extremely volatile and whilst today the market capitalisation is around $15 billion, tomorrow this could be completely different. For more information on Litecoins market cap, refer to coinmarketcap.com. 
What would be Litecoin value in 2018?
According to some projections, Litecoin may cross the $100 mark in 2018.
How to know Litecoin price for today?
Click here to see the Litecoin price for today.

More about Litecoin

Rate this post

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.