Listings of Litecoin cryptocurrencies beginning of the current week can not be considered successful. The large supply gap caused the price to re-test the last local minima located in the price region of 145 dollars. If they are broken, the way to attack a key area around $ 100 opens up.
In the event of a downward scenario and a potential test of the support area of the support, it will be a good opportunity to take a long position.
An alternative scenario assumes defending the recent minima and increases at least closing the price gap around $ 160.
Risk Warning: The content of this analysis is for informational purposes only and does not constitute investment advice.
