Litecoin Meets Resistance

Litecoin dipped slightly but found strong support from the lower bound of the range at $174, confirmed by a green triangle on the KRI. We are currently testing the upper bound at $184, however a red triangle on the KRI suggests we are running into some resistance. If we are able to breakout, then $191 is the next target. The Kovach OBV is strong but has leveled off, suggesting we will need another burst to break through the range.