Litecoin Establishes a Range
Litecoin has found support in the mid $50's, just above our level at $55.84. We have edged higher, in between the vacuum zone between $55.84 and $61.75. It appears that we are establishing value in this range, so watch for support at $55.84 and resistance at $61.75. If we are able to break out, then the next target is $64.37. If we break down from here, then we will have further support at the base of the $50 handle.
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