I think there has to be a decent volume of trading for a coin to crash.
Everyone forgot about LTC so no one is trading it.
I would be more likely to believe that the price stays the same, although I was really hoping for an increase in price with all the discussion about the hardware wallet development.

Somewhere there are people holding onto millions of dollars in LTC.
What they decide to do with them is anyones guess.
Litecoin has become the trade coin for chinese investors. They want to pump it again, but nobody knows when that will happen. I guess when the dev launch some features the chinese will take their chance and pump the hell out of it.