Litecoin

Litecoin Ranges. What's Next??

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Litecoin has not seemed to benefit from the momentum seen in others like Ethereum. We have stabilized between $251 and $264. The Kovach OBV is trending up, but has tapered, reflecting the malaise. It could go either way at this point. We have support at $242 and $227 with a min lower bound at $209. On the upside, we have $280 and $291, which seems like a stretch for now. The neckline of our failed inverse head and shoulders pattern will provide resistance at $280.

Penafian

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