Is time for the LTC elevator ride?
Well, BTC is starting to head south, so that means the majority of the alts will do the same. LTC is dropping fast and its coming up to its next support of $73.00, but I don't think this one is going to hold and it will be heading down to the $60.00 mark. What it does from there, only time will tell.
With time and patience, I do believe the $60 mark will be coming into play in the very near future - and its something to keep an eye on as there was a ton of support at that level.