Litecoin’s [LTC] bullish rebound from the $57-support level faltered around the $68-price zone. This extended LTC’s range-bound movement between $57 and $70. The 5.4% drop over the last 24 hours saw Litecoin trade at $60, as of press time. With Bitcoin [BTC] dropping from $27.2k to $26.7k within the same period, a retest of the $57-support level could be a possibility in the near term. The 12H timeframe revealed the extended Litecoin price range which began in mid-August. Bears and bulls alike have been unsuccessful in trying to break out of the range.