Litecoin made a concerted attempt to established the $60's. We topped out at our level at $61.75 exactly, confirming the veracity of our levels in these reports. We promptly rejected this level and fell back to support at $55.84. If we cannot sustain this, then we have some strong support levels in the low $50's. Otherwise, expect Litecoin to establish value in the mid $50's until momentum comes through either way.
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.