Litecoin Stabilizes

13 Jul 2022

Litecoin has trended down through the vacuum zone. Unlike other crypto's, we don't have a level in proximity, but it appears that we have found support above $45.48, and are currently hovering around $48 at the time of this writing. The Kovach OBV is in bear territory, but could be reaching a bottom. If so, we could make a run for the $50's again, with $50.64 and $51.92 likely targets, the latter being a likely ceiling for now.