LTC Running On Fumes--But Clear Road to $66?

LTC has broken through what could (arguably) be defined as the strongest possible resistance level between the recent consolidation zone (above the 200-Week MA) and the all-time high of $370. This channel contains a large portion of LTC's volume and may lead to high volatility and price discovery--with the next level of strong resistance at $66 and $71.

On the other hand, the RSI has run into a significant resistance level, and stochastic RSI has reached levels not seen since May, 2017.