Litecoin Breaks Out, Can Momentum Sustain?

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Litecoin has pumped hard, coming just below our target of $64.37. We are seeing strong resistance here confirmed by a red triangle on the KRI. Nevertheless, we have broken through strong resistance at $61.75, which remained a barrier for LTC. If we can solidly break $64.37, then the next target is $66.94. If we retrace, then we should have support at $61.75, then there is a vacuum zone to $55.84.