Litecoin Price Prediction: Is LTC Bull Run on the Horizon?

Litecoin Price Prediction 2030 stands at approximately $250

#Litecoin has experienced a significant decline of over 30.50% this month, dropping from a local peak of approximately $115.
Litecoin found support near the $70 zone and has since initiated an upward movement against the US Dollar.
On the daily chart, $LTC broke a triangle pattern upwards but encountered selling pressure, resulting in a decline before rebounding from pattern support.
Concerns arose following rejection from pivotal resistance, hinting at a potential return to the consolidation zone.
The likelihood of Litecoin's price continuing to rise depends on its ability to maintain above the $70.00 resistance zone.
Despite prevailing market conditions, the weekly chart suggests an exceptionally bullish trend in Litecoin's price rally.
$LTC is presently hovering around the golden ratio support level, approximately at $80, indicating a promising opportunity for a bullish rebound.
If bulls manage to uphold support above this level, #Litecoin may revisit the $90-$115 range.
According to Coingabbar analysis, Conversely, if bears take charge and drive the price below $70, the short-term target could be $50.