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Twitter FUD and Lambo/Moon kids have destroyed the coins reputation for now, but wraith WORKS and IS useful.
More will be revealed
We've seen ~35% dips pretty regularly during this bull run. A 35% dip brings us to intraday support and the .618 fib.
Target = $12,825
If this doesn't hold up we might be looking at the 4hr 200ema ~ $10k
LTC doesn't do much until people get their free coins out of the BTC hard fork. Fork happens, Bitcoin pump continues. Cryptos dump their btc for epic LTC moonage.
It appears that a cup and handle may be incoming on the Bitcoin daily chart. Strong resistance at 4200 may allow for the formation of the handle and a strong continuation of the bull trend.
Appears to be solid support on the rising trend for LTC going back to June 2017. If it makes it back down that far, I see $43-44 as a great entry for LTC.