Can Litecoin Break Out??

18 Agu 2022

Litecoin has slipped from highs around $64. We made another attempt to break through $64.37, but failed swiftly at this level exactly. Upon retracement, we broke through $61.75, but found support at $60. If we pivot here, then $51.75 and $64.37 will continue to provide resistance and should be considered prohibitive barriers for now. we should continue to find support in the low $60's, but if not, there is a vacuum zone to $55.84.