Litecoin Exceeds $335 for the First Time Since Dec 2017, Analyst Predicts ‘$1K Is Likely’

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Litecoin ($LTC) smashed through the $335 mark for the first time since December 2017 on Saturday (April 17). While HODLers are ecstatic about the 143 percent increase (vs USD) so far in 2021, one crypto analyst claims the LTC price is set to skyrocket.

According to TradingView data, at 09:07 UTC on April 17, the Litecoin price on crypto exchange Coinbase reached $335.35, which is today’s intraday high as well as the highest price Litecoin has seen since 20 December 2017.

One-Day LTC-USD Chart (Coinbase) by TradingView

Litecoin is currently trading at $302.90 (as of 18:00 UTC on April 17), representing a loss of 1.15 percent (versus USD) in the last 24 hours. In terms of year-to-date results, Litecoin is up 143.44 percent (vs USD).

On Friday (April 16), prominent pseudo-anonymous crypto analyst and trader “Kaleo” tweeted to his 206.5K Twitter followers the following Litecoin price prediction:

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A day ago, John Kim, Chief Evangelist at Litecoin Foundation, posted a video (in response to a request from Jessica Walker, a Media Specialist at Bitpanda), in which he discussed what makes Litecoin such an appealing cryptoasset for many people.

 

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