Litecoin's price is currently attempting to recover from a low of $75 against the US Dollar, but may struggle to surpass the $82 or $85 levels and could experience another decline. The price has moved up slightly and is now trading above $85 and the 100 simple moving average (4 hours), but there was a break below a key rising channel with support near $86 on the 4-hour chart of the LTC/USD pair. If the price manages to break above the $85 resistance, it could potentially increase towards the $90 and $92 levels, but if it fails to clear the $82 resistance level, there could be a fresh decline towards the $75 or even $72 support levels.