Litecoin Breaks Resistance!!

8 Feb 2022

Litecoin has ascended quickly from the low $100's to our next target, proposed yesterday, of $141. We blasted past resistance in the $130's, and soared through the vacuum zone above to hit this target. A red triangle on the KRI is confirming resistance at $141 for now, and the Kovach OBV has turned over sharply. At this point, we can expect continued support from the $130's, $134, then $130, in particular. If momentum picks up again, then $147 and $153 are the next targets.