Litecoin Lags but Clings to $140's

Litecoin has tested $147 again, teetering between the $140's and $150's. We are currently testing $150 at the time of this writing, but weak momentum and low liquidity suggest that even if we are able to reach these levels, it may be momentary. We are roughly in the mid point of the range between $147 and $153. If we are able to test $153, then we are sure to reject this level, unless we see sufficient momentum come through. The Kovach OBV is completely flat and hugging lows, so we don't see that happening any time soon. If we break through $147, then $141 is the next target.