Litecoin (LTC) is going through tough times and Litecoin price has not been able to recover from the dip that hit the cryptocurrency sphere on the 23rd of September and other major currencies; including Bitcoin (BTC), are no exception. Litecoin price dipped even further on the 29th of September hitting the fifty-two dollars ($52.50) mark and recovered slightly on the same day. However, LTC price played out under fifty-five ($55) for couple of days. Litecoin price chart by Trading View The short bullish reversal was observed on the 1st of October when the price finally hit the fifty-seven dollars ($57.75)