Slow Recovery for Litecoin

Litecoin looks to be attempting a slow recovery after bottoming out in the low $100 handle. It faced resistance at the psychological level of $200 suggesting it is not quite ready for the $200 handle. We are currently getting support from $169 or so. There are clusters of levels from above and below to provide support and resistance, so it may take LTC some time to recover back to its former levels, or even close to them. The Kovach OBV is picking up, but still weak by crypto standards.