Litecoin has historically underperformed bitcoin by a country mile. Litecoin even failed to make a higher high back in November 2021. Short to medium term, I expect Litecoin to nosedive off a cliff along with bitcoin and SPX. But zooming out, Litecoin could potentially be trading in a running flat correction that could have Litecoin bottoming out between $20-$30.
LTC/BTC has been trading in a corrective descending wedge for a few years now. Should LTC/BTC break out during the next bull run, LTC/USD could see an explosive move to the upside. Short to medium term, if bitcoin nosedives off a cliff, that's going to send BTC.D roaring, which doesn't bode well for LTC/BTC. Regardless, an old crypto to keep an eye on imo.