Litecoin is a pig. Don't touch it. It's dead. Only bagholders left, no new money entering the LTC market.
They're trying to hype this segwit stuff, but it won't have a positive effect on LTC price whatsoever.
I think you may be right, I was watching the price go up. I got ansy and sold and I'm glad I did because the price didn't stay up for long. Well, I'm out of LTC now and probably will not go back in. It looks like there are better opportunities with other alt coins right now.