I made this chart to look at current support and resistance for the near future. We entered a new upward channel when LTC clearly broke though the 44 resistance a couple days ago, and are now looking to test at 48.
If it breaks through 48, could move up to 55 again as it did during the fireworks on 4th of July! Of course, prices drop below 44, it could return to the previous resistance of 37. Things are still uncertain with the recent introduction of BitCash, so I'm going to proceed carefully.
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