Litecoin Looking Weak

3 ביוני 2022

Litecoin drifted upwards after getting some buying interest from lows around $60. We edged up to $64.37 but faced immediate resistance there and faced a rejection back to the lower $60's. These levels do not seem enough to entice buyers in any significant way. Our levels at $64.37 and $66.94 appear to be hard upper bounds and barriers to Litecoin. In the event of another selloff, we could test lows at $55.84 again.