Litecoin Hugs Lower Bounds

Oct 12, 2022

Litecoin has found support at the lower bound of the range, with $51.92 holding nicely. We should anticipate further support at $50.64 if things turn south, but these two levels have provided consistent support over the past month, so we do not LTC falling much further. If so, there is a vacuum zone to the mid $40's. The level $55.84 should hold as the upper bound of the range. We will need to break this level if we wish to ever test the $60's again, but that is a highly unlikely right now or in the near future.