FX.co ★ Elliott wave analysis of Litecoin for July 3, 2023

Litecoin has broken nicely above resistance at 103.41 and 105.67 calling for much more upside progress towards 131.05 and ultimately closer to 171.43 too. Short-term we could see Litecoin make a small set-back to re-test the former resistance at 105.67, but this time it should ideally be able to act as a strong support for the next impulsive rally higher to 131.05 and above.