FX.co ★ Elliott wave analysis of Litecoin for May 31, 2023

Litecoin should ideally stall at minor support near 90.21 for the next move higher to 93.84 and then the neckline resistance of the S/H/S bottom at 94.90. A break above the latter will confirm a further climb to test resistance at 111.40 and possibly even higher.

However, for now, we will keep an eye on support near 90.21 for the next move higher to 93.84 and then 94.90.