This year, major cryptocurrencies like Litecoin (LTC) have suffered major price depreciation, with the Litecoin (LTC) trading at $53.82 today.
You have probably heard that Ethereum (ETH) will undergo “The Merge” to proof-of-stake around September 10-19th, 2022. Even with this bullish news, the whole crypto market, including Litecoin (LTC), is currently dipping.
The good news is our technical analysts will take you through a bullish Litecoin price prediction and a bearish price scenario.
Our fundamental researchers have uncovered a potential gem, The Hideaways (HDWY), a perfect investment opportunity for the current bear market. Here’s a teaser – you can own property worldwide for as little as $100, and it’s attracting Litecoin holders.
Litecoin Bullish Price Prediction Up To $96.3 – Why?
Investors and traders in the crypto world often tag Litecoin as silver compared to Bitcoin’s gold reputation. The LTC price has had a terrible run in 2022, decreasing over 60% since January 1st, 2022.
But our technical analysts say Litecoin’s price currently rests on a massive Horizontal Support at $50. It looks like the bulls are defending this support well, and there could be further upside to $96 – the next considerable resistance.
Litecoin Bearish Price Prediction Down To $37.06 – Why?
However, our chart specialists point out that if the $50 support breaks, there could be a sizable 37% drop down to the $30.89 significant support level.
Our fundamental researchers chimed in here to say that Litecoin (LTC) is not utility-focused, and it looks like the whole community is looking for other investment opportunities. Keep scrolling to find out which one.
The Hideaways Disrupting $230tn Property Market Says Top Analyst
The Hideaways is a ground-breaking, first-of-its-kind protocol allowing crypto investors to earn real world passive income every month using their crypto in addition to staking rewards. Monthly yields are predicted to be above 40%!
The price prediction for Litecoin (LTC) indicates that it may not be a bad investment in 2022 but analysts agree that there are better options available.
The Hideaways is giving crypto investors the opportunity to break into the property market using their crypto holdings whilst earning passive income from rental income and also staking rewards.
The presale starts at $0.01, and our fundamental analysts expect this to pump up to 4,000% by 2023.
The team will be locking liquidity forever, a significant move securing trust in their protocol. Their whitepaper mentions that they will get their contract frequently audited by CerTik and SlowMist.
The price should continue to increase from $0.01 as the presale gains more and more traction, and that’s why we believe this to be the best cryptocurrency of 2022.
Check out The Hideaways now: