$50's Hold for Litecoin
Litecoin found support at the base of the $50 handle as anticipated. We saw good support from $50.64, and a subsequent rally just above the next neighboring level at $51.92. We are seeing some resistance at the moment confirmed by red triangles on the KRI, and momentum seems to have slumped for now. We expect current levels to hold at least until the FOMC tomorrow.
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