Recent spike making this rally more impressive that is good sign which will boost the confidence of new investors to dive in before it get too late. Overall market sentiments are also still very positive which will push LTC to the next level.
I don't understand why there is no price reduction anymore? whereas from the historical milestones that were supposed to be at the beginning of that year prices still tend to be cheap and now it has begun to move up again, I think there will be an unexpected event this month or next month that will come.
Adoption and new money are also one of the option to increase the price, yes from the market we can absorb that the price of Bitcoin and altcoin prices started increasing which it is a very good sign for the people who are holding till now. With the market recovery, we can easily understand the coins which have developments will always increase their prices.