Litecoin Dips, Can Lower Levels Hold??

17 dic 2021

Litecoin sold off with the rest of the crypto market, giving up the $150's and finding support exactly where we anticipated, at $147. It does look like we are finding support at current levels, but if not, $141 is the next level down. The Kovach OBV has dropped notably, but is somewhat flat, which may suggest that value could start to form soon. We anticipate Litecoin to level off in the $140's, with $158 a ceiling for now. If we can't hold the $140's then $134 is the next level down.