As cryptocurrency markets proceed to fluctuate wildly, it appears traders solely develop into extra intrigued by these digital cash and tokens. For traders in Litecoin (CCC:LTC-USD), this enthusiasm seems to be warranted. Certainly, curiosity in what the skilled Litecoin (LTC) value predictions are proper now could be solely selecting up.
A few of this curiosity could also be on account of recent news surrounding Litecoin’s rising mainstream attraction. Immediately, it was reported that NASCAR driver Landon Cassill can be paid solely in Litecoin for a sponsorship cope with Voyager, a crypto brokerage agency.
The driving force in query claims he’s a crypto fanatic and has been buying and selling crypto for some time. Accordingly, his selection of sponsor and cost might not appear unorthodox to these within the crypto investing neighborhood. Nonetheless, these exterior the neighborhood may even see this selection of cost as odd, given the volatility in such cash of late.
For instance, LTC is at present buying and selling 5% decrease right this moment, on this in any other case excellent news. Right here’s to hoping the deal hasn’t been signed but, or can be paid out at a mean value over time. Nonetheless, I assume that’s Mr. Cassill’s downside from right here.
Regardless, let’s check out the place the consultants suppose LTC is headed from right here
Litecoin (LTC) Value Predictions
For reference, LTC is at present buying and selling at $157.18.
- InvestingCube seems to have a quite large near-term vary for the place LTC may commerce. Certainly, this web site suggests LTC may dip under $100 or above $240, relying on market situations from right here.
- LongForecast gives a one-year and three-year value goal for LTC of $345 and $119, respectively.
- Moreover, an attention-grabbing submit on Medium suggests LTC may hit $950 by 2025. That is among the many most bullish estimates for LTC proper now.
On the date of publication, Chris MacDonald didn’t have (both straight or not directly) any positions within the securities talked about on this article. The opinions expressed on this article are these of the author, topic to the InvestorPlace.com Publishing Guidelines.