We have seen Litecoin unfold exactly as we expected. Litecoin dipped to a low of 70.61 from where it started to recover again. The dip to 70.61 completed a small expanded flat correction and Litecoin should now head higher again through minor resistance at 72.52 for a continuation higher towards 97.35 and above.
Ultimately, we are looking for Litecoin to rally towards the long-term target at 131.055.