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FX.co ★ Elliott wave analysis of Litecoin for November 13, 2023

Elliott wave analysis of Litecoin for November 13, 2023

Elliott wave analysis of Litecoin for November 13, 2023

Litecoin has tested its first resistance at 76.64 and will most likely see a temporary corrective dip closer to 68.10 before the next push higher towards 87.10 as the next larger sub-target. In the longer term, we will keep looking for Litecoin to gather upside momentum towards 131.05.

Support is now seen at 72.65 and then 68.10 before the next push higher.

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