Litecoin Price Prediction 2021 | LTC to Surprise Everyone in 2021? [qGUrB3HWrRB]
Here is our Litecoin price prediction for 2021! Just like most of the cryptocurrency market, the Litecoin price has had a rough start to this week. Namely, the Litecoin analysis reflected a 0.20% decline on Monday, followed by a stepper 8.08% drop on Tuesday. With these recent developments in mind, is there still room for enthusiastic Litecoin price predictions 2021?
It would appear so. The Litecoin 2021 outlook varies dramatically depending on who you ask. But one thing every Litecoin 2021 forecast tends to have in common with most of the others is that they all see the altcoin increasing in value, with estimates reaching well into the triple digits.
In the near term, however, things don’t look all that positive, as Litecoin recently just broke below two major support levels at $81.14 and at $78.88. Currently, LTC is trading above the $76 level, but if we’re going to see any signs of recovery, the Litecoin price target investors will be aiming for would be the $79.04 pivot.
A move above that point would then allow to make a more confident LTC price prediction of a bullish run – by the very least up to the nearest major resistance level at $82.59. And in that case, with enough support from the broader market, the short-term Litecoin price prediction could entail an extended breakout – potentially all the way up to $90.
Stay tuned for our full Litecoin December 2020 forecast and find out where the cryptocurrency is likely to be headed over the next few weeks. And if you have your own Litecoin price prediction 2021, please let us know in the comments!
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