Litecoin to consolidate here before moving to 262.5

Litecoin is in a wave 3 rally of the impulse wave since March 2020. Wave 1 is a leading diagonal, which generally points to a huge upside move which we are in now. We have reached the 1.618 extension of wave 1 and will likely consolidate in this range for some time before heading to the next target - 262.5 - the 2.618 extension of wave 1.