Litecoin Testing Lower Bounds

22 de abr. de 2022

Litecoin has rejected $114 as we anticipated in these reports. It has smashed through $111 and $109, finally finding support at $105. If this does not hold then $101 is the next level of support and should be considered a floor for now. If we are able to pivot, then $109, $111, and $114 are all possible targets, with $114 a max upper bound for now. The Kovach OBV is somewhat flat, so we will need more momentum to come through either way.