Can Litecoin Hold $60?

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Litecoin is holding its range after testing and rejecting higher levels in the $60's after US inflation data came in unexpectedly hot. We are currently wavering about the $60 mark, with some volatility above and below. We do not seem to even have the strength to test $61.75 the next level above, let alone make a run for $64.37 again. If we fall further then $55.84 is sure to provide support.