Buyers are making frantic efforts to break above the $51 resistance. Today will be the third attempt at the $51 resistance.
In the previous attempts, buyers were repelled as the price fell to the lower price range. The upside momentum will resume if buyers push the coin above the $55 high. The market has not reached the targeted price level to resume the upside momentum.
Source:
https://coinidol.com/litecoin-unable-break-resistance/