Litecoin [LTC] has traded within a range since the latter half of August. Despite the recent bullish conditions, LTC was unable to clear a higher timeframe resistance zone. Its high positive correlation with Bitcoin [BTC] suggested that the coin has plenty of room to rally higher. A recent report by AMBCrypto noted that LTC could climb to $65 before a bearish reversal. This did not come to pass due to the enormous BTC rally, but the highlighted resistance zone up to $74 remained unbeaten. Many altcoins saw double-digit percentage gains this week and heavy buying pressure. Litecoin was among them, but the demand for the coin was suspect. True, the OBV was in a steady uptrend over the past week.