Litecoin already had a pretty long bull run during last few months. I think current price is fair enough considering the upcoming events.
But now it's probably a good time to pick up other alts from top10 cmc which were falling all this time.
for today it is a price, which has formed to the corresponding situation. we have it. we need to accept it. but, I think, that in a few weeks we will see a more pleasant situation. changes occur every day in the cryptocurrency space.
LTC is very consistent from last few months and it looking in current year it moving forward with more strong support so this is good sign which could make easy to get stable on a new floor. LTC is still in good demand and more merchants are showing interest to accept this.