The analysis discusses Litecoin (LTCUSD) on the daily timeframe. It notes that LTCUSD is currently priced at $112.34, and predicts a consolidation phase until mid-September. It anticipates potential retracement to $96.95 before a larger bullish move. The analysis identifies a target price for LTCUSD near $282.54, taking cues from past trends and potential Fed rate cuts which could trigger an altcoin season. Further macro analysis uses USDT dominance, projecting a downtrend with a potential small bounce before an eventual move lower, implying bullishness. Finally the Total2 chart(Altcoin Market Cap) is reviewed and it is expected a rally towards 2.44T and a pullback is anticipated as the Septmber trap.