The last few days marked cryptocurrency markets in red. Also Litecoin was effected by the downward pressure in the markets. However there is a trend of recovery which is not directly seen when looking only at the price in Dollars.
A week ago the price of Litecoin was above 200 Dollars and it lost its value in the following days. March 9th marked the low of 162 Dollars followed by a recovery. During this rise the LTC/BTC ratio improved with 5,2% in favor of Litecoin. The ratio to Bitcoin is a good metric to compare altcoins when the Bitcoin price is going down.
When looking at the last 24 hours of trading, it seems OKEx continues to dominate. The LTC/BTC is 21.43% of the total 24 hour volume traded and the ratio to Tether is almost similar. Compared to other exchanges, OKEx is taking the lead in Litecoin trading.