LTC has been growing below the market.
Uptrend continues, high tests at $55 are highly probable.
On a growing market, many prefer more aggressive assets, that’s why LTC has decreased in volumes a bit.
Due to this decrease in the recent days, $40-$50 range scenario can be realized.
News background is stable. No serious news stories to be expected in the nearest days.
Apart from technalysis, don’t forget that any negative movement in BTC will positively impact LTC. LTC remains a hedge asset, and depending on market state one can use it to build a low risk strategy.