cryptolopolis

Watching LTC/USD movement closely

BITSTAMP:LTCUSD   Litecoin
With the crypto markets seeming to defy gravity lately, I'm watching LTC closely. If we continue in this upward trend, we're about to find a major support line--at least in the near term. If, however, this $102-$104 price range turns into resistance, I expect to see a correction back to the $85ish dollar range-- which is, by the way, still above closing price just a couple of days ago. I'm neutral, watching, and holding for now, with my stops set in the in the neighborhood of $93

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