Can Litecoin Hold the $50's

Litecoin has fallen, giving up the $60's, but finding support in the $50's. We are currently finding support at the base of the $50 handle, with two strong levels at $51.92 and $50.64. These are likely to hold as a floor price for now, but if we break down further, then $45.48 is the next target. If we can pivot, then $55.84 is the next target above, which we must break through if we hope to establish the $60's again.