July 4 (Cointime) - Crypto analysts are predicting that Litecoin (LTC) will experience a significant rally ahead of its halving event next month, with some projecting that its price will more than double to reach $200.

The optimism surrounding LTC has already led to a 50% rally in the past 30 days. Strong investor sentiment for the altcoin is also evident, with many filling their coffers in anticipation of a rally. However, some analysts warn that the FOMO factor could lead to a temporary price drop before picking up again.