The price cannot be going up all the time, it’s just how things works here, there is always a time for everything.
You might wake up tomorrow and the price is steady going up. The price went up in 2017 and 2018 and it was heavily trending. Even till now people are still talking about it and if you check lots crypto currency websites like Coindesk , Cointelegraph, CCN, and many of them they are always pointing out Litecoin as one of the best coins to invest. The market can fluctuate to any direction at any time, so it’s best that you just invest in it that it’s at a low price.
Good point. Crypto is known to behave in strange and bizarre ways, so anything can happen with Litecoin in the future. I'm hoping that the new "Mimblewimble" privacy feature would boost LTC's price on the market within the short term. For the long term, developers will need to keep adding new features to the Blockchain in order to make it attractive to people in the mainstream world. Litecoin is considered to be an altcoin that's close to Bitcoin in every way. With a battle-tested blockchain network, it's often more secure than newer altcoins on the market. The max supply of 84 million coins makes LTC similar to Bitcoin in terms of scarcity. A deflationary model, should make LTC more valuable over time. Based on these facts, I think LTC is very undervalued right now.
By 2021, Litecoin's price could go all the way to the moon or remain stagnant on the crypto market. There doesn't seem to be much interest into LTC, as all of the attention is on "De-Fi" and stablecoins. We might have to wait a little longer until LTC experiences renewed interest in the mainstream world. I believe that by the end of 2021, LTC would've reached a price of $100 (USD) per coin. That is, if LTC follows Bitcoin's uptrend in price on the market. Otherwise, everything will remain most likely the same as it is right now. Just my opinion