LTC Price Prediction: LTC Targets $1,000 Rally After Major Support Bounce

Litecoin (LTC) is demonstrating technical strength after bouncing off a major long-term support line, signaling potential for a massive cycle rally for the LTC price. Simultaneously, the launch of smart contracts through its layer-2 project expands its network utility into programmable applications and decentralized finance. At the time of writing, LTC is trading at $51.19 with a 24-hour trading…