@AlexZverev, theoretically, yes it does seem a bit early to start the bounce...but it is litecoin. Ltc does tend to set the tone often times, so a violent move in either direction wouldn't be shocking. I can image it going further down, but its so oversold as is. I had imagined 50-52$ would be the landing spot, but 57$ seems to have stopped the bleeding for now. Time will tell.