$LTC Recent attempts to break above have faltered, indicating that momentum is currently quite fragile. Opportunities for growth to $362 are still open, but it is very thin ice.

The absolute line in the sand is the June low at $77. If the price drops below this, the entire bullish argument will crumble, and the rally will officially fail.

To be honest, the chart looks shaky, and the upward movements simply have no confidence behind them.