Litecoin Price Prediction: LTC to Outperform BTC and ETH, Surge to $7000

Despite being termed the ‘digital silver’, the Litecoin price has remained muted in the last year. The altcoin’s price saw a run-up back in 2023

Despite being touted as the ‘digital silver,’ Litecoin (LTC) has had a lackluster performance over the past year. The altcoin saw a brief rally leading up to its halving in 2023, but failed to sustain the upward momentum, falling short of the triple-digit price level. However, a recent analysis suggests that an upcoming rally could propel LTC to new all-time highs.

A crypto analyst on the X (formerly Twitter) platform shared their bullish prediction for Litecoin, suggesting that it will outperform all the large cap cryptocurrencies in the market. The analysis is focused on LTC's long-term growth potential, which they believe could see it surpass even Bitcoin (BTC) and Ethereum (ETH).

The chart analysis shows that LTC's price is still trending below $70, marking an 84% decline from its all-time high price of $412. Despite the significant drop, the crypto analyst remains optimistic, suggesting that the best is yet to come for the altcoin.

Not only do they anticipate the Litecoin price crossing the triple-digit level once again, but they also believe that four-digit prices are in the cards for the altcoin. The analysis suggests that LTC's price could initially surge to above $100, kicking off the recovery rally. From there, the crypto analyst expects the recovery to continue, mapping out an eventual break above the $1,000 level, which would constitute an around 1,600% price increase from the current price. But the analysis doesn't stop there - the crypto analyst expects the price to eventually reach as high as $7,000. If this were to play out, it would mark an over 11,000% price increase from the current price level.

As for the timeframe when this is expected to play out, the crypto analyst seems to expect it to happen before 2026. This would put it in the expected 2025 bull run, where the likes of Bitcoin are expected to touch new all-time highs. But an 11,000% increase could easily make the Litecoin price the best performer out of the top 20 cryptocurrencies by market cap.

“If you hate it or not, but IMO Litecoin will outperform all the big cap Crypto's. See you at $7000,” reads the post.

On its own, the Litecoin price has not been very impressive. According to data from Coinmarketcap, the price is up only 1.42% in the last year, showing sluggish movement. Momentum has also declined rapidly, with total open interest remaining below $300 million for more than two months straight.

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