Litecoin made a valiant attempt to solidify the $60's, but a strong selloff sent us straight back to the mid $50's. We broke through support at $55.84, and are in the middle of the vacuum zone between this level at $51.92. The low $50's should continue to hold in the event of another selloff. At this point, $55.84 will provide resistance if we are able to rally, and it is not likely we will see the $60's again any time soon unless we see significant momentum come through.
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