Litecoin futures prices, especially around the time of the halving event, are influenced by a multitude of factors. Market sentiment, investor interest, media attention, regulatory developments, macroeconomic conditions, and technological advances can all play a role in determining price trajectory. While it is possible to create excitement and speculation, leading to increased attention and potential price movement, it is not certain whether it will increase or not.
This is why we an only speculate on what may possibly happen to its market before and after the halving event.
If you want to invest on this old alt, you need to keep up with what is actually happening in terms of development.
You can also head to their site and see their updated news -
https://litecoin.com/en/news.
In this way, you know what are their doing before the halving that may possibly influence their price in the market.
Because even if the halving is near and you can't read any good developments, what can it do to have significant impact on its price.
Just like on what happened on that Shanghai upgrade on ETH, is there some significant movement of price despite of the update and developments? Therefore you cant really conclude that it would really
be giving out assurance that there would really be some movements.It is really just that there are some updates which arent significant or didnt really give any huge impact on projects development.
Gas fees are still on the roof and havent solved out on what many been murmuring. For LTC, im not really that much aware about its development but its true that once halving event do happen
then it cant really be avoided not to think about bullish sentiment on which lots would be anticipating that price would really be going high
but its true that events or updates doesnt always mean about going up, some would really be just moving sideways or doesnt really have any effect at all.