We are witnessing LTC in a consolidation pattern as it bounces between the .236 and .5 fib zones. Averaged RSI confirms consolidation as it avoids overbought or oversold conditions over the past 24 hours. LTC appears to have avoided being drawn into the low-volume pocket between 163 and 188. Therefore it is foreseeable that it could bounce upward to low volume areas ranging from 235 and 315. We shall see significant resistant at 235.
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