Litecoin Continues to Threaten $100

As Bitcoin has been falling, it is hard to imagine a situation where Litecoin would be completely different.

Litecoin initially tried to rally on Monday but then gave back the gains to show signs of hesitation. The $100 level of course is an area that will attract traders due to the large, round, psychological importance of this market. This is an area that we have seen support previously, and therefore it is likely that we see this area continue to be important.

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