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Litecoin is currently testing support in the 60.00 - 61.78 area, which we expect will be able to act as a floor for the next and likely successful break above resistance at 70.44 for a rally towards the long-term target at 131.05.
At no point can a break below support at 57.69 be allowed under the current count. An unexpected break below 57.69 will call for an alternative count, but the odds for this seem very low.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
