Litecoin Tests Highs Again!!

28 Tem 2021

Litecoin has recovered highs along with Bitcoin. It is currently hovering just below our technical level at $141, and just below the highs of the amazon rally at $139. A red triangle on the KRI suggests that it is having difficulty with these higher levels, but we could see a bull consolidation pattern in the making, suggesting that LTC is establishing value at current levels for the moment, before building enough steam for a breakout. If that is the case, we should be able to break $141, and perhaps cross the vacuum zone to $147. If not, $130 should continue to provide support.