Will Litecoin Find Support?

Litecoin gave up the $60's, extending as high as $66.94, before crashing back down to support again in the $50's. We broke through several key levels after global markets sold off following red hot US inflation data, which impacted nearly every market including crypto. Litecoin is currently finding support at $55.84, but appears to be hanging on by a thread. If this level gives, then we will have support again in the lower $50 handle at $51.92 namely.