Just as we discussed yesterday, Litecoin was looking quite weak after rejecting $165, an extremely relevant technical level. We made a weak, but notable, attempt to break $158 again, which was immediately smacked down past the next level of support at $153. We smashed through this level past support in the $150's entirely, to finally find support at our at $147, the exact level we called out yesterday. Further support will follow at $141 if this does not hold, but it looks like we are finding a nice pivot here. Currently, we are making a run for $153 again, but don't expect for much after a dump like this. We are likely to find value amidst current levels before another move either way.
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