Litecoin Maintains $100
Litecoin / U.S. dollar BITSTAMP:LTCUSD
Litecoin has dropped from $105, which we predicted yesterday. We noted that $105 was providing prohibitive resistance and there was no reason to expect any momentum in crypto unless some major news broke. The level $101 has provided support, confirmed by several green triangles on the KRI . We expect support to hold and for ranging to continue. However, watch the vacuum zone to $94, below. If we are able to break $105, there is a vacuum zone above as well to the next target at $114.
![2022 downtrend - Bearish case targets [close up]](https://thebitcoinstreetjournal.com/storage/2022/05/23222062-qAeJ_mid.png "2022 downtrend - Bearish case targets [close up]")
