quantguy

Litecoin Support at $150!!

BITSTAMP:LTCUSD   Litecoin
Litecoin has dipped down deeper into the mid $100 handle, finding support finally at $150, just above our level at $147. We have recovered ground just above $158, and appear to be clinging to support there. The Kovach OBV is still very bearish, but the crypto market is due for a pullback after such an extensive selloff. If we see momentum come through, then watch for $169 to provide resistance as this is the next target.

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