Litecoin Plummets to the Low $50's
Support for Litecoin caved as predicted yesterday. We were hanging onto $55.84 by a thread and support finally broke. We then plummeted through the vacuum zone, which we also anticipated yesterday, to support in the low $50's. Currently we are just above our level at $51.92, with $50.64 right below to provide further support if needed. If those level cave, then there is a vacuum zone below down to $45.48. If we pivot from current levels, then $55.84 is the next target.
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