Crypto Market Analysis

LTCUSD Target of 125 From Current Value Area



Litecoin has been responding very nicely to the 5×1 angle. It is also right up against a pivot in time. Out of the majors (I consider any currency traded on Coinbase to be a ‘major’), Litecoin is the most sold off and has the least major participation. Fundamentally, it has the most real use value. Considering that the support level was found right inside the 110 value area on that 5×1, the next zone to reach is 125. This brings Litecoin back above and into its major harmonic trading range. It is most definitely the laggard and the major with the most upside potential.


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