Litecoin Maintains the Range

Litecoin edged higher, hitting our level of $55.84, then immediately turning south, as expected and voiced here in these reports. We anticipate Litecoin to continue to hold this range in the low to mid $50's. Anticipate a floor of $51.92 or $50.64. We are not likely to break through $55.84 but if we do, the next target is $61.75.