Most of crypto traders expected an increase of litecoin price after the reward halving happened a few weeks ago, and technically it also supports it. But with the bitcoin dominance still rising up, major alts are bleeding for the sake of bitcoin. A 9% decrease here is just tethered unto bitcoin price decrease, next time try to focus on BTC pairing rather than USD because you might miss some details.
Halving does not really have that magical influence to attract investors to the market of Litecoin, what will really attract investors is their product and the hype they create for it, sometimes I think that Litecoin team are sleeping because they are not creating hype for it. It is easy to just shift the blame of them not developing on bitcoin dominance, but when did bitcoin start to dominate, just from April, but prior to when bitcoin started to dominate, what development did they really have?
And this is a coin that claim they have faster and better solution and alternative to bitcoin, so what is pushing bitcoin forward that cannot also push them forward if they have a system that is better than bitcoin, me I just see all these their low value as the developers fault anyway.