Litecoin Gets a Lift

19 apr 2022

Litecoin got a lift from the low $100's to $111. At the time of this writing, it is currently testing this level. The Kovach OBV is still relatively flat, and we will have steep resistance from the next level at $114. If we are able to break above $114, then there is a wide gulf of a vacuum zone to $120. At this point though, we are likely to range or retrace. The level $109 will provide support from below with $105 an anticipated floor price.