Litecoin Clings to the $60's

16 Agu 2022

Litecoin is holding onto the $60's after a hard selloff rejected our level at $64.37. We broke past the next level down at $61.75, but are finding strong support at the base of the $60 handle confirmed by a cluster of green triangles on the KRI. If we are able to pivot from the base of the $60 handle, we could make another run for $61.75, then $64.37, which should be considered a ceiling for now. Watch the vacuum zone below to $55.84.