Right now LTCUSD is in a minor correction to the upside. With the current mini flag in the making we can hit $280. But in general I'm not too on Litecoin. For Litecoin to go back to the $400 area it needs to break the major downtrend but until it does that I will stay . If it breaks the flag to the downside I see it go to $140.
Also I think that it is important to add that people are moving away from the big 3 BTCUSD , ETHUSD and LTCUSD and into Alt coins. With XRPUSD as the biggest gainer in market cap the last two weeks. But also coins like ADABTC is gaining more and more in popularity.
I'm also not too on BTCUSD and if it takes a big hit it will drag Ethereum and Litecoin down.
Let me know what you think of these possible scenarios