Finally, on the 3rd of February, price managed to break out the and produced a new higher-high, hitting BTC 0.025 and breaking above 161.8% Fibs. On the correction down Litecoin rejected the uptrend after which it broke above the 200 Moving Average, which now does act as the support.
Current price action suggests another wave up towards BTC 0.03, which is 261.8% . On the downside, break and close below the 0.018 could send price lower, towards of the support levels.
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