Litecoin Hammered!! 🔨📉

Apr 27, 2022

Litecoin got hammered, giving up the $100 handle entirely. Earlier this week, the high $90's got bought up quickly, and we were able to make a concerted effort to make it back to $105. However, we were promptly batted down to lower levels, finding support just above our next technical level below at $94.84. We are seeing several green triangles forming at these lows suggesting support. We are now seeing $101 providing resistance, where it once gave us nice support. If we are able to break through this, $105 is the next target.