Litecoin Edges Lower

Litecoin has retraced further into the $200 handle, finding support at $217. We are seeing some green triangles forming here on the KRI suggesting support. The Kovach OBV has fallen dramatically, and if the selloff continues, we should see support at $209 and $202. If we are able to muster the strength for a rally or relief rally, then $227, $242, and $251 are the next targets from above. It will take significant momentum to acheive highs again, near $300.