Litecoin: You Don't Have to Love, But You Should Cheer For It

Litecoin. It's been a great leading indicator of big moves this year, both up and down.

Even though Litecoin is nothing more than a Bitcoin (BTC) test net, crypto fans should be hoping Litecoin (LTC) can get going again. The critical level in Litecoin is at a Fib speed resistance line near 63.

Bottom Line: A real breakout in Litecoin (LTC) above 63 could get the crypto market going. If speculative fever returns, LTC could go to 80. We don't want to get ahead of ourselves, but we think you should root for an LTC breakout.