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Litecoin Recovers after Breaking Support

Litecoin broke $169, and was starting to look quite bearish before getting bought back in the middle of the vacuum zone above $158. Currently it is finding support at $169, but the Kovach OBV is rounding off a bit, so this may turn into resistance. Watch that vacuum zone down to $158 as current levels look wobbly. If we do regain strength, then $174 should be the next target, with $184 after that.

quantguy

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