Looks like the top of the channel on 1 day chart. $1170 around June. Thanks to @spacetrader for the chart layout.
Based on the letter by the owner of ltc1btc medium.com He supports segwit, with larger blocks in BTC. LTC is just paying the price for BTC politics. We should have segwit soon.
The API is live now. api.coinbase.com
1258 in short term is support. It should end up at 1280, and stay there until some news or china decides otherwise.
Heard I need likes to get rep. No idea what these charts mean but have gone long on LTC