• Litecoin (LTC) price has increased over the past five days.
• The price has fallen under a descending resistance line since reaching a high of $413.49 in May 2021.
• Last week, the LTC price bounced at the $68 support area, creating a long lower wick, which is considered a sign of buying pressure.
• If the price breaks out, the main resistance area would be at $105 before $270.
• The technical analysis from the daily time frame provides a mixed outlook.
• It is uncertain if the bounce is just a relief rally or if the correction is already complete.
• Whether the LTC price reclaims the support line of the previous wedge could determine the future trend.

The article provides a neutral analysis of the current situation of Litecoin's price movement. It presents both bullish and bearish scenarios and highlights the uncertainty of the future trend.