FX.co ★ Elliott wave analysis of Litecoin for February 2, 2023

Litecoin continues to follow the expected path higher and we should soon see resistance at 107.82 tested. However, we expect Litecoin to follow through higher towards resistance at 113.02 after a brief consolidation near 107.82.

Longer term, we continue to look for much higher levels for Litecoin closer to 143.59 and higher.