Litecoin Gets a Lift

15 Jun 2021

Litecoin has picked up, after finding support at around $158. We are currently testing $184, which seems to be a bit of a hurdle for LTC recently. Note the vacuum zone, however to $195, which takes us ever close to the $200 handle. It does not appear that LTC is quite ready for this level yet, but it certainly seems it is gaining the strength to conquer the mid $100 handle. The Kovach OBV is a bit oscillatory still, but is coming off of lows and appears to be picking up. If not, $158 or $169 should provide good support.