LTC has broken through what could (arguably) be defined as the strongest possible resistance level between the recent consolidation zone (above the 200-Week MA) and the all-time high of $370. This channel contains a large portion of LTC's volume and may lead to high volatility and price discovery--with the next level of strong resistance at $66 and $71.
On the other hand, the RSI has run into a significant resistance level, and stochastic RSI has reached levels not seen since May, 2017.
I believe with the recent sentiment we have been seeing we are seeing with the halving coming up we are going to see 100 but only briefly. Here's my analysis pointing to why I see that: