Short

Litecoin Struggles to Maintain $50

Litecoin has been trending downwards, breaking below our support levels in the $50's. We trekked briefly into the high $40's, finding support confirmed by a green triangle on the KRI. The Kovach OBV has flatlined suggesting we need more momentum to come through before we can anticipate any action. If so, the mid $50's seem like a good target. If we retrace further, we should have support from $45.48.

quantguy

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Litecoin Finds Support in the Low $50's

by quantguy

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