Litecoin has tested its first resistance at 76.64 and will most likely see a temporary corrective dip closer to 68.10 before the next push higher towards 87.10 as the next larger sub-target. In the longer term, we will keep looking for Litecoin to gather upside momentum towards 131.05.
Support is now seen at 72.65 and then 68.10 before the next push higher.