indicator on 5m interval shows that LTC needs to pull itself back up to retest the $30.39 (32.8% retracement from pre-SegWit high) in order to continue this sentiment. needs a recharge, but shows plenty of buy potential; so the price may stagnate here for a few while resets itself.
The pictured 15m interval is showing the possible formation of a third major bull wave. If successful price should retest (and likely surpass) the $30.39 , and go beyond to test the $32.00 ( ). If the sentiment fizzles out, then we will likely see a retest of the $28.36 (23.6% retracement) .
I have hopes that LTC will rebound and go to test new highs in the coming days.