Litecoin Breaks Support!

Litecoin has slipped from support at $51.92, which has provided support all month. We are currently testing $50.64, which is a level we have mentioned many times here in these reports, and one dedicated readers should remember. This is our expectation for a lower bound, and if this does not hold the next support level is $45.48, deep in the $40 handle. If we are able to pivot from here, we must break through $51.92 again before considering $55.84 again, the upper bound of the range.