Time to keep those eyes open. Just like BTC, Litecoin is now testing trendline support around the 112 area. LTC looks to be squeezing price in a triangle wedge. Look for a breakout to the southside or in the interim a bounce off support to test resistance.
Obviously news can dictate which direction price goes. But don't always assume that good news triggers buy orders and bad news triggers sells. I'm just saying.