Litecoin Gets a Lift

Litecoin has rallied significantly since our last report, testing $164 at the time of this writing. This follows after blasting through $158, the previous level of resistance. We are in a vacuum zone right now, with the next target at $169. From below, $158, $147, and $141 should provide support with $141 being the absolute lower bound for now. The Kovach OBV has started to pick up notably, suggesting momentum may be back for Litecoin.