Litecoin's price is influenced by a combination of macroeconomic trends, technological developments within the Litecoin network, and the overall market sentiment. Economic indicators, global events, and government regulations can indirectly affect Litecoin's value. Furthermore, any advancements or updates in Litecoin's technology can lead to price fluctuations. Lastly, the general mood, perceptions, and attitudes of investors, which can be affected by news, media coverage, or influential voices in the crypto community, can heavily sway Litecoin's price.