Overall the market seems to be recovering slowly but steadily. Litecoin will likely be no different. There's good support around 185 and a large amount of resistance at $245. If I was looking to trade LTC now I would trade within those margins, I would look to buy around 195-200 and sell around 230-235. The price will likely fluctuate within those limits until bitcoin has a major breakthrough and shows that the market is free to go full bull mode.