Here are the latest data and forecasts for Litecoin (LTC) for today, August 7, 2025:
---$LTC
💹 Current price and market context
LTC is currently valued at around 120.33 USD, representing an increase of approximately +2.5% compared to the previous close.
According to CoinGecko, the price was ~120.71 USD, with a 2.60% increase over the last 24 hours.
---$LTC
📊 Short-term forecasts (for today and the coming days)
CoinLore
Expected daily range: 110.58 USD – 118.74 USD.
Tomorrow's forecast (August 8): 108.41 USD.
Traders Union
24h forecast: a decrease of −2.4% to ≈ 118.06 USD.
For 48h: 119.56 USD, and over 7 days an increase to 132.20 USD (+9.3%).
CoinCheckup
Forecasts a 1-week price of around 127.16 USD, indicating a potential increase of about 5.6% compared to the current price.
---$LTC
🔧 Technical analysis
Litecoin bounced off the 107 USD level, breaking through the 50-day moving average (50-SMA) and reaching levels above 122 USD.
Levels are considered: a drop below 120 USD may result in a decline to around 111 USD.
CoinLore's technical indicators show a dominant buy proposition (12 buy signals, 2 sell signals), with a neutral RSI (~63 on the daily chart) and stable EMA across all periods.
TradingView indicates an overall neutral sentiment and mixed signals across various time frames (profitable, but with no clear trend).
---
🧠 Summary of forecasts
Source Short-term forecast (for today) Potential movements
CoinLore 110.6 – 118.7 USD slight decline or correction
Traders Union ~118.1 USD (−2.4%) possible decline, but a return to 120–121 is possible
CoinCheckup — +5.6% increase over the week
Technical analysis breakout at 122 USD, but support at 120 USD possible correction to 111 USD
📌 Estimated range of movement for today:
LTC is expected to remain in the 120 USD range, with possible fluctuations around 118–122 USD, supported around 115–120 USD.
---
⚠️ Important notes
Cryptocurrency forecasting is very difficult – studies indicate that their market behavior resembles Brownian noise, and simple models often outperform complex ML models in predicting price.
The provided forecasts are based on technical analyses, AI models, and market indicators – they do not constitute investment advice. Make investment decisions cautiously.
---
✅ Summary
The current price of LTC is 120–121 USD, with a slight increase during the day.
Forecasts suggest a possible slight decline towards 118 USD, but also a possible neutral trend or upward correction to around 120–122 USD.
Technical support is seen in the range of 115–120 USD.
