Litecoin Holds the Range

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Litecoin has retreated from highs at $174, falling back to the $160's. We are currently finding support at $165, as highlighted by a green triangle on the KRI. We appear to be establishing value in the range between $165 and $174. The Kovach OBV has leveled off for now, so we can anticipate some ranging until we get some momentum coming through. The next level above is $184, if we see the desired momentum. If not we will find support at $158.