Litecoin Rallies Over 10%! Find Out Why...Litecoin has spiked dramatically with over a 10% move taking us up to the $60's. We reached our profit target almost to the cent, at $61.75. A red triangle on the KRI confirmed resistance there, and we are currently experiencing a bit of a pullback, retracing just below $60 at the time of this writing. At present, the only justification for this move seems to be that Moneygram users can now make payments in Litecoin , in addition to Ethereum and Bitcoin. Others suggest it may be related to the Dogecoin pump. If momentum picks up, we must break through $61.75 before we can consider higher levels in the $60's. If we are not able to sustain the momentum, then we are likely to retrace this move, where $55.84 will provide support.