Litecoin Strong!
Litecoin is holding the $60 handle after renewed adoption has been priced in. We were holding the low $50's for some time, but after the Moneygram news, we have solidified the $60 handle. We made attempts at breaking through $64.37, but a red triangle on the KRI suggests strong resistance here. The level $61.75 seems to be holding strong but watch the vacuum zone below. If we break through support we could easily retrace back to $55.84.
Join my discord at discord.io/quantguy
Related publications
Disclaimer
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.