LTC is currently continuing to strengthen following Bitcoin, especially if the altcoin season arrives then LTC will breakout and it could also reach a new ath. Apart from being influenced by the rise in Bitcoin, the possibility of LTC goes up because grayscale companies have bought a lot of LTC.
Very well analysed. There is flood of money and credit in the Market due to Money expansion Policies of Central banks and it is likely to continue in 2021. People are likely to continue buying crypto assets beside Gold to diversify their investment to avoid depreciating value of Money. In view the foregoing scenario, My optimistic Price Target of LTC price is above $375 in 2021.