Can Litecoin Regain the $100's??

8 Mar 2022

Litecoin has fallen from the $100's breaking into the $90's once more. We saw several attempts to test $105 again, each of which we thwarted and resistance was confirmed by red triangles on teh KRI. The Kovach OBV has leveled off so we don't expect much action in LTC, however it is trying to regain $100, currently hovering about this level. We found support just above $94, and expect this level to hold if tested again. If we can somehow rally, $105 and $114 are the next targets.