Litcoin made a strong base at 110, just above the previous support of 100, and has bounced back up. The 20 day simple moving average (SMA) can be used for trading Litecoin. Traders can buy and hold Litecoin as long as it is above its 20 day SMA. Currently upside target of 170-180 is visible in the next 2 weeks. The next upside target is 225 over the next 8-10 weeks.