LTC Tests Highs, Finds Support!!

Litecoin topped out just below $141, before a red triangle on the KRI indicated that it lost momentum. After almost a 40% appreciation it was due for a pullback anyway. Currently we are finding support just below $130, and testing this level again. If it proves too difficult for LTC to handle, then we will have support at $124 then $120. The Kovach OBV is very strong, however so we anticipate some support around the levels mentioned.