Following the breakout above $51 overhead resistance, LTC made a further push to the high of $58. The uptrend could not be sustained above $58 high as sellers provide a defence to the recent high.
Today, LTC is rising after sellers have pushed the price to $56 low. Nonetheless, buyers have earlier retested the recent high twice but fail to break above it. In the interim, the price is fluctuating between $54 and $58 because of the recent resistance.
Source:
https://coinidol.com/litecoin-targets-high/