Litecoin Still Bullish!!

2021年5月6日

Litecoin has retraced a bit, falling just short of our next profit target, which is all time highs at $375. Currently it is holding at support after retracing to $322. Typically litecoin has sharp retracements, and it is not uncommon for it to give back the entire move. So the fact that we are seeing it hold current levels is encouraging. The Kovach OBV is strong, but has tapered since the retracement. We anticipate it to range a bit, if not retrace before making another run for highs. But this bull run in crypto does not appear to be over yet.