Litecoin Struggles with $130

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Litecoin has continued to edge up, solidly breaking through the $120's into the low $130's. We have hit our profit target of $130, and have retraced a bit to test $124 again, but have found support just above this level, confirmed by several green triangles on the KRI. We are finding resistance just above $130, but if we can break through, then $134 is the next target. If we retrace further, we should have good support at $124, then $120 after that if needed.