Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?
last year we have seen it , Price of BTC increases similarly LTC price too increased
Bitcoin is king In market. It Has made Space In market. Basically price is determined by Demand and Social media Response towards Currency. Litecoin is very old currency many are old to this forum , Price was rised back in year 2017 December when all coins at peak stage. For this reason People invest in every crypto, when some exchanges closed like south koreya and other Countries banned Bitcoin trading and usage.. For this reason Every crypto price dropped.
If demand is less then ltc price will be less. Basically every coin is depend on Bitcoin as Many users Hold bitcoins and other currency also
If any stage come people sell coins and this situation called Pannic stage