Litecoin Rejects $174!!

Litecoin has retraced sharply after breaking $174. It peaked above this level and immediately rejected it. It is finding support at $169, which is a good thing, because there is a vacuum zone down to lower levels in the $100 handle, $158 being the nearest level of support. If that doesn't hold the next level after that is $147. We could see Litecoin range a bit, establishing value at current levels before another breakout to $184.