Litecoin Lifted from Low $100's

1 Mar 2022

Litecoin has gained strength and edged up in the $100 handle. We have finally crossed $105, but are meeting resistance from $114, which has proven prohibitive for LTC for the latter half of February. A red triangle on the KRI confirms resistance. The Kovach OBV has picked up, but is starting to wane as we appear to be rejecting $114 again. If so, then $105 and $100 should provide support. If we are able to break through then $120 is the next target.