Despite being a lite version of Bitcoin, LTC price failed to grab the attention of the market participants and therefore continues to trade within narrow ranges.
As per Coinpedia’s formulated Litecoin price prediction, most of the foremost institutions could invest and accept LTC as a payment. It is a possible reality as the fact that LTC lowers transaction speeds and costs, which is anticipated to be appealing.
As per the platform if the coin gains some hype in the upcoming months, then the price of LTC can strike a high of above $83 in 2022. However, with increasing bearish influence, LTC can fall to a price level at $54 until the end of 2022.
I think, that bearish behavior is temporary. We will see the price of $100, again. I also see, that LTC, is not very popular, so scammers, don’t bother to create problems. I like this.
Also all in on Litecoin till the ratio reaches the minimum 4 LTC = 1 BTC. Then I might consider holding some btc as there is too much value in having two non-competing blockchains of such similarity for security reasons.