Litecoin Slides Lower
Litecoin has rejected highs around $60, and has steadily declined from there. Support in the $50's seems to be holding on by a thread, as the rest of the crypto market is looking pretty weak right now. We have just pierced our level at $51.92, with a vacuum zone down to $45.48, below. The Kovach OBV has flatlined suggesting that we need more momentum to come through either way before something interesting happens. If support does not hold at $45.48, then a likely floor is $39.05.
Join my discord at discord.io/quantguy
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.