Litecoin Retraces, Finds Strong Support

Oct 25, 2021

Litecoin has retraced sharply from highs in the $200's, just above our level at $209. Support in the lower $200's held briefly, but we have since retraced back to the $100 handle, currently finding value in the $190's. We are facing resistance at $195, a level we have highlighted many times. If current levels don't hold, we should find support at $184, but if not, there is a vacuum zone down to $174.