Litecoin Holding the Mid $200's
Litecoin has retreated from highs but has stabilized around $260. We are still holding onto the mid $200's after that rally from $202 that brought us up to almost $300. We are seeing good support from $251, confirmed by several green triangles on the KRI. If we can make a run for highs again, then $280 and $291 are in sight as targets. If not, then $242 and $227 are the next levels of support from below. The Kovach OBV has plummeted, suggesting that we really need some bull momentum to come through before attempting higher levels.
Note
Litecoin continues to fall. Watch for support at $242, then $227.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.