Litecoin Holds the Low $50's

21 ביוני 2022

Litecoin has rallied, finding resistance at $55.84 but forming a bull flag type pattern. We are getting good support from the next level down at $51.92, confirmed by green triangles on the KRI. The Kovach OBV has flattened, suggesting we will need more momentum to come through before LTC is able to break the range either way. If bull momentum comes through we will need to break $55.84 then we can consider the $60's. If it breaks down, watch the vacuum zone to $45.48.