Weakness in Litecoin
Litecoin / U.S. dollar BITSTAMP:LTCUSD
Litecoin has rejected $73.62, with many red triangles on the KRI confirming resistance at this level. We are currently seeing some meager support at $66.94, but if that does not hold there is a vacuum zone to $55.84. The price action is rounding off and the Kovach OBV is beginning to taper, which may portend another dump. We must first break $73.62 before considering higher levels, such as $77.39.
