Thursday, March 28, 2024

Litecoin price prediction – WHY IT WILL REACH $5,000 ?? – Should I buy LTC?


Litecoin price prediction – WHY IT WILL REACH $5,000 ?? – Should I buy LTC?

Litecoin cryptocurrency was up by more than 140% in 2020, despite a recent drawdown that reduced the asset to about $50 per LTC. The Litecoin price has been through a lot from its launch – going up and down. Its price started at about $3 per LTC and has gone through a number of bubble cycles or “alt seasons.”

These contributed to a significant rise in the price before a minor correction occurred. These price corrections do nothing to counter Litecoin’s strong price trajectory. As for the long-term Litecoin prediction, the outlook suggests that Litecoin’s potential is extremely high. Eventually, Litecoin closed 2020 at $126.23 (on Coinmarketcap). Will the price of Litecoin go up this year and in the years to come? Let’s find out!



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