Litecoin has blasted through resistance in the $100 handle, at $191 and $195, specifically, to solidify the $200's. We are currently meeting resistance at the first technical level at $209, as identified by two red triangles on the KRI. We are seeing support from $202, as identified by a green triangle on the KRI. We have not seen much in the way of a retracement, but if we do, then $195 should provide support. Our next target is $217.
Comment:
As predicted, Litecoin corrects a bit, but is still finding support around $200
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