https://coincodex.com/article/3313/ltc-price-analysis-litecoin-looks-strong-from-long-term-perspective-but-short-term-bearish-move-could-be-in-play/
This is very informative analysis it seems it will stay into this zone for long time now other markets are also responding very well and this kind of situation boosting the confidence of the people to invest more and make profit in future.
My personal take is that LTC along with other major coins will enjoy a positive outlook on long term perspective considering that the industry is only at its early stage and there is a very big room for growth for each of them.
Yes, but movement up or down is still dependent upon Bitcoin movement. When it goes up, almost all goes up and when it goes down so does the majority of altcoins.