Litecoin is almost at the point of breaking down. It has tis major support at 72.5 and when it breaks it, we are in for a drop to $50-ish levels.
We may not see the continuation today as we have 7 red days behind us (in BTC) so we may play around for few days but in the next BTC drop, I think LTC may go to near $50.
Just wanted to share this quick update, let's see how it unfolds.