Litecoin Holds the $50 Mark - Next Stop $80???
steemleo·@scaredycatguide·
0.000 HBDLitecoin Holds the $50 Mark - Next Stop $80???
With the recent bounce in crypto it's no surprise that Litecoin was able to hold the $50 support level and push higher. ## The Question is, What is Next?  Looking at the chart we can see the next resistance level is around the $78 level. That is the upside target I have my eye on, but there is some good price action around $62 as you can see from the dotted price line. There was a prior bottom there back at the end of August which could act as a resistance level so it will be interesting to see if Litecoin stalls here after rallying hard from $50. Some backing and filling wouldn't be the end of the world, but I wouldn't want to see price dip below the high 50's. Let's see what the week brings.
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