Litecoin (LTC) cryptocurrency current overview and potential situation in the next few hours

Current market situation

The price of Litecoin is approximately near $122, as indicated by the latest data from CoinGecko.

In the recent week, the price has seen a decline of approximately −11.9%, while there has been an increase of approximately 86% on an annual basis.

Technical Indicators

According to CoinCodex, all relevant short-term to long-term SMAs and EMAs for Litecoin are giving 'Buy' signals in the market today, indicating a technically positive trend is ongoing.

RSI (Relative Strength Index) is approximately 48.15, indicating a neutral/moderate situation.

Short-term (next few seconds/minutes/hours)

According to CoinLore's forecast, in the next 24 hours, the price of LTC could potentially be between $116.56 and $119.67.

TradersUnion also predicts:

In 48 hours: the price could reach $123.17 with an increase of approximately +0.81%.

In 24 hours: potential decline — approximately −1.12%. This indicates that in the next few hours, the price may remain in the range of $120–$123 with a slight decrease.

Short-term (next week/month)

According to CoinLore, forecast for the next 10 days:

August 23: Approximately $120.61,

By September 1: $120.79, and

September 3: potential increase to $123.22.

TradersUnion sees a −2.77% decline in the next week and a +15.11% increase in a month, expecting the price to reach approximately $140.64.

Medium to long term (months/years)

According to CoinCodex, in the next month, the price could rise by approximately 14.21% to reach $131.02, and in six months, approximately $137.36.

Brave New Coin states that if Litecoin crosses the target of $135 on a weekly basis, it could gain momentum towards $280 or even $640.

Transitional forecasts from other models

CoinLore: Price is expected to be between $216.49 and $352.82 by the end of 2025.

Changelly / Digital Coin Price / Wallet Investor: Their estimates suggest that within five years, the price of LTC could double or even increase tenfold.

TokenMetrics: If the total market cap reaches $10 trillion, LTC could go up to $393.56; in a bearish scenario, it could drop to $59.

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Summary: Potential situation for Litecoin in the next few hours

Current price: approximately $122

Short-term (24–48 hours):

Potential breakout: $120–$123.

Potential decline: due to −1%, the price could drop below $120.

Next few days (10 days):

Expected range: $115–$123, averaging approximately $120–$123

Next week to month:

If the positive trend continues, the price could reach $130–$140.

Medium to long-term: if the crisis is avoided, the price could reach $200–$300 or more, but this includes significant risk and market direction.

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