FX.co ★ Elliott wave analysis of Litecoin for December 26, 2022

Litecoin broke nicely above 66.80 to confirm the "GO" for the next impulsive rally towards 96.90 and 121.68 as the next upside targets. Short-term we could see a re-test of the broken resistance at 66.80. However, this former resistance will now act as support as this impulsive rally could make its way higher towards 96.90 and above.