More Momentum For Litecoin!!

Litecoin has caught some tremendous momentum, taking it back to highs at $227. We should see some resistance here, as this seems to be a pretty significant level for LTC. It has has a fairly wide vacuum zone below back to $209, so if we see some ranging, expect this to be the lower bound. If not, $202 or $195 should definitely hold. The Kovach OBV is very strong here, confirming the bull momentum. Our next target is $250, which is a technical level, a Fibonacci Extension level, as well as a psychological level.