Litecoin (LTC) is currently experiencing a bearish trend, with its price dropping by 10.24% against the US Dollar in the last 24 hours. The cryptocurrency market as a whole has also seen a decrease, with the total market cap falling by 11.20% during the same period. LTC's performance against Bitcoin (BTC) has been poor, with a 6.57% loss recorded today.

Our Litecoin price prediction suggests that LTC could reach a price of $70.82 by January 8, 2024, representing an 8.58% increase in the next five days. However, it is important to note that the cryptocurrency markets are highly volatile and unpredictable, making it crucial to monitor market sentiment, key support and resistance levels, and other metrics before making any investment decisions.