The price action is bearish

The price action is bearish, since it shows that LTC deviated (red circle) above the $100 horizontal area and then validated it as resistance again. The deviation is

Litecoin (LTC) Price Trend: Will Halving Push it Past $100?

Litecoin (LTC) Price Struggle Continues After Halving

Will Litecoin Halving Push LTC Above $100? - Watcher Guru

Litecoin Halving Nearly 3 Months Away, Is a Big Move

Litecoin Halving is in 2 Months, Will LTC Reach $100? - Watcher

Also

Block rewards given to Litecoin miners for validating transactions will be cut in half during the impending halving event. Rewards will drop from 12.5 LTC to 6.25 LTC.

Litecoin(LTC) Price Prediction - BeInCrypto

Also, per the resistance levels, LTC must be able to stay above $92.09 or even $93 to have a chance at moving toward $100.41another strong resistance level. The RSI or the momentum indicator isn’t giving out any discernible detail.

Litecoin

Litecoin [LTC], the digital silver to Bitcoin’s digital gold made a comeback last year with MimbleWimble and abrupt price rises. Now, the asset is once again creating a buzz thanks to its upcoming halving event.

Litecoin Halving event occurs every four years and for every 840,000 blocks to reduce its block reward by 50%. The last LTC halving took place on Aug and

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Litecoin Price Analysis: How High Will Halving Hype