Can Litecoin Test $300 Again??

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Litecoin found good support from $242, where it seems to have bottomed out for the time being. We saw two green triangles on the KRI confirming support at this level before catching a lift to higher levels in the upper $200's. We are currently flirting with $280, but some red triangles on the KRI are suggesting some resistance at this level. If we are able to break through, then $291 is the next level we must break to make higher highs. After $291, we have a vacuum zone to $322, which is our next target.