Litecoin Lags, Faces Resistance

Litecoin has continued to lag in the $140-$150 range as we anticipated yesterday. We made a brief run for higher levels that was thwarted at our level at $153. Since then, we have made another run for lows but have found support just below our level at $147. There was a brief attempt at a pivot off this level, but two red triangles on the KRI are suggesting resistance. The Kovach OBV has completely flatlined, so it is doubtful that we will be able to make a run for the $150's any time soon. If we see another dump come through, $147 is not likely to provide much support, as we have recently cracked it. The next level below is $141, then there is a vacuum zone to $134.