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FX.co ★ Elliott wave analysis of Litecoin for June 26, 2023

Elliott wave analysis of Litecoin for June 26, 2023

Elliott wave analysis of Litecoin for June 26, 2023

Litecoin tested resistance near 94.45 and the first try to breakthrough here was rejected. So, we should see a temporary setback close to support at 82.87 before the next attempt to break above resistance at 94.45. Once resistance at 94.45 is broken, we should see Litecoin gain momentum towards the next target at 131.05 and possibly even closer to the 171.45 target.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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