This is just my opinion and i might be wrong.

Litecoin has gone through a dark age around 2 years hovering at $4, and many people gave up on it as a lot of other scrypt-based cryptocurrency appear.
but starting April 2017 it suddenly make a comeback to $40 in few days and going $60+ now. And it is in the top 5 on the marketcap ranking, https://coinmarketcap.com/
Looking at the graph, https://coinmarketcap.com/currencies/litecoin/, Litecoin is still going up for at least few weeks or months.

In addition, the new asic scrypt miner is going to launch soon. As in my country, Indonesia, it will launch on November 2017. The new L3+ antminer has the power of 504Mh/s, which means each of the Machine has approximately 2.5% of the network hashrate now. And i only God and the factory that make them know how much hashpower they will produce at the end of this year.

The chances are:
1. Litecoin Marketcap will rise which will increase the price
2. Other Scrypt-based coins will be more popular which will decrease Litecoin price

Those are the 2 main possibilities that i could think of right now.

In my point of view, again i might be wrong, the deciding factor might be the blockhalf which will happen in another 715 days according to http://litecoinblockhalf.com/

Well, that's all i can share in predicting litecoin, i still believed in the cryptocurrency and litecoin is one of them and one of the early-born.