As with most of the crypto market, Litecoin is testing lower levels. We have support at $169, which is confirmed by some green triangles on the KRI. The Kovach OBV is quite flat, especially compared to the selloff from relative highs in the $200's. We will need bear momentum to break through $169. Watch for LTC to test the upper bound of the range at $184, which will take further momentum to break.
Trade closed: target reached:
Litecoin blasts through relative highs at $232 on news that Walmart will accept payments in LTC!!
Comment:
UPDATE: The walmart tweet was deleted from the main Litecoin twitter account, resulting in almost a full retracement of this move! Crazy day for LTC!!
Join my discord at discord.io/quantguy
