Litecoin was able to hold onto it's humble gains with much lower volatility during it's 2nd & 3rd phases than it has been able to during this current phase.
This steady downtrend Litecoin appears to be undergoing is most similar to that experienced during it's 1st phase.
I would not be surprised to soon see a repeat of the large volatile moves marking the middle of the 1st phase.
This volatility could present a careful investor with ample opportunity to position themselves for the next major move upwards in Litecoin's growth.