Litecoin Rounds Off...

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Litecoin is consolidating in a very narrow range between $130 and $134. The price action is 'rounding off' suggesting the momentum we saw earlier has petered out. There is a vacuum zone below to $120, and one below that to $105. The Kovach OBV has completely stagnated so at best we can expect more ranging. If we do see momentum, we must first contend with $147 before considering higher levels.