I see the popularity of one of the altcoins that are no less good than bitcoin and is very possible in the future to be invested in litecoin. If you see how Litecoin appears, you will find that Litecoin was created as a second chance for those who cannot invest in Bitcoin or use it. Currently, Litecoin is able to make transactions faster than bitcoin, with block confirmation time only taking 2.5 minutes, which is four times faster than bitcoin 10 minutes.
Litecoin is also similar to other bitcoin and cryptocurrency, there is a maximum and minimum Litecoin limit that will be available. If bitcoin has 21 million coins that can be mined, while there are 84 million Litecoin that can be mined in the next few years. And of course, this will be the target of crypto miners in the years to come after bitcoin was taken out by the current miners.
Litecoin is indeed a good crypto but there are many cryptos which are more popular than LTC such as ripple, ethereum and the likes so probably if we would be talking to a crypto next to bitcoin, it might be other crypto. But still, making such conclusion at this moment that the market is still on downtrend would be pointless. No crypto at this moment has assurance of recovery given that majority of the market is on downfall.