Litecoin Finds Support

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Litecoin is currently finding good support at $130, currently hovering just under. It appears as though this level may be a point of control. Watch the vacuum zone down to $120. We briefly tested below this, but have rejected it swiftly. The Kovach OBV is pretty flat, so perhaps Litecoin will remain in this range and establish value between $130 and $134. This is a pretty narrow range, so after some time we should expect a breakout.