Litecoin Faces Resistance
Litecoin / U.S. dollar BITSTAMP:LTCUSD
Litecoin has been able to recover higher levels, but has fallen short of $105 exactly as we predicted yesterday. Dedicated readers were prepared for this, and hopefully took profits if they bought in the $90’s, which we cited as having strong support. Indeed, we found support just above our level at $94.84, which we still anticipate as a likely floor if we sell off again. Otherwise, the range between $101 and $105 is likely to hold unless the crypto market pumps again.
