Price Prediction – Where Next for Litecoin (LTC)?

Despite its big drop on Monday, Litecoin is still looking bullish on the charts and, as such, price predictions remain bullish.

The strong rebound from the 200DMA is a good sign, and Litecoin continues to trade strongly above its uptrend from the November 2022 lows.

Continued optimism ahead of the August halving, which will see the LTC inflation rate half, is likely to keep buyers eager.

And with the cryptocurrency currently still in the process of carving out a bullish ascending triangle pattern, a run higher into the mid-$100s sometime later this year remains a strong likelihood.