FX.co ★ Elliott wave analysis of Litecoin for June 28, 2023

Litecoin will likely move a bit lower towards 82.00 to complete a small correction and then take off to challenge resistance near 93.80. A break above here will confirm the next impulsive rally higher towards 131.05 is in motion. Ultimately, we will be looking for Litecoin to move closer to the 1.618-time wave 1 at 171.43, but for now, look for Litecoin to move a tiny bit lower to test support near 82.00 and then up.