Litecoin(LTC) price predictions by end of 2018

Litecoin has been going down pretty hard since Feb of this year due to the market downturn and the debacle that was litepay. It now sits just above $55 and is heavily influenced, like all other cryptos, by the price of Bitcoin. I assume for this prediction that Bitcoin will reach around $12,500 by the end of the year due to a strong fourth quarter. This could be subject to change if the SEC reverses its course and decides to approve the ETF this Thursday. I expect Litecoin to be at about $150 if Bitcoin achieves my target of $12,500 at the end of the year. I believe last time Bitcoin was around $12,500, Litecoin was actually around $200, but I do not think it will go that high this time because at that time people were getting excited about Litepay, which turned out to be a total flop and now no longer really exists. I don’t think Litecoin has fully recovered from that yet and will have the same ratio to Bitcoin it had last time Bitcoin was at $12,500. I do expect it to recover in the future though, with the rest of the broader market.

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