Litecoin Seeking Higher Levels?

4 במאי 2022

Litecoin is still struggling with $101, though it appears to have peeked above it briefly, meeting immediate resistance confirmed by a red triangle on the KRI. The Kovach OBV has tapered up slightly with this attempt. Crypto in general is oversold and due for a rally, but we aren't going all in just yet. A relief rally could take us to $105. If the selloff continues, expect support at $94.84.