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Litecoin saw a new low after a day marked in a rebound between November 26thth and on November 27thth.
At that time, LTC even went briefly to visit the rank of 9th crypto on the list, traded at $ 29 and going under $ 30 to touch a brand new low while Bitcoin SV rose 94% against the fiat in a week to take the place of LTC.
A day later, Litecoin is seen in a rebound, rising by almost 11%, which allowed LTC to rise above the value of 30 $.
Litecoin entered the value of $ 50 in November but since then, over the past 4 weeks, it has fallen to the price of $ 32, touching its lowest price of $ 29 in 2018 in between.
How low will Litecoin be and what is the future of LTC in 2019, 2020 and 2025?
Future forecast Litecoin (LTC) for 2019
Litecoin saw its lowest price for 2018 touching $ 29 and going below the initial value of $ 30 on November 27th. However, the momentum in the market is allowing LTC to increase by 11%, which brought Litecoin to the value of $ 32.
In the event that declines return within the next 24 hours, Litecoin is more likely to fall below 30 $, even if the crypt is losing less than -2% of its value in the last week with the last increase against the fiat.
Litecoin (LTC) Price today – LTC / USD
In addition, Litecoin has lost -34% of its value over the last 30 days, indicating that the decline has been affecting the market for weeks.
Litecoin has even reached Facebook Messenger as a payment method, allowing over 2 billion users to send and receive Litecoin via the messaging app; however, LTC is still not able to see any price improvement from this integration.
In the event that rebates prove in accordance with current market trends, Litecoin could even drop below $ 20 by the end of 2019, however, the most enthusiastic forecasts indicate that LTC will trade between the value of $ 60 and $ 130 in 2019.
Future forecast Litecoin (LTC) for 2020
In the event that 2020 will come with more favorable market trends aimed at stabilizing the market, Litecoin could see 300% of the increases in its table at the start of the year.
In that case, LTC could trade at the minimum price of $ 90, also able to acquire gains to reach the value of over $ 150 for an LTC unit.
The less enthusiastic forecasts indicate that LTC will keep its value below $ 20 per unit, only increasing again to revisit the price of over $ 30.
Future forecast Litecoin (LTC) for 2025
It is difficult to guess how the market will be in the next 6-7 years as there are many factors that influence the progress of the criptos in the market.
The optimistic predictions state that Litecoin will be able to reach the value of $ 800 in 2025 as its minimum price for the year, while the maximum price is set above $ 3,000.
However, more realistic forecasts indicate that LTC could return to its all-time high of around $ 360 by 2025 under ideal conditions starting from its minimum of $ 32 the currency is trading in November 2018.
