Litecoin Strong!

4 thg 11, 2022

Litecoin is holding the $60 handle after renewed adoption has been priced in. We were holding the low $50's for some time, but after the Moneygram news, we have solidified the $60 handle. We made attempts at breaking through $64.37, but a red triangle on the KRI suggests strong resistance here. The level $61.75 seems to be holding strong but watch the vacuum zone below. If we break through support we could easily retrace back to $55.84.