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Litecoin Lacks Bullish Momentum, Unable to Resume Upside Momentum

coinidol.com

The support and resistance lines are very vital to the LTC price movement. As LTC price is below the EMAs, the support line is likely to be tested.

The price action is yet to determine the direction of LTC as buyers and sellers continue to struggle for price possession in the range-bound zone. The Fibonacci tool analysis of $39 low will hold if price breaks below the support at $45.

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Bitcoin LTC
$ 94.67

Timeline of Litecoin

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Bitcoin Bitcoin
70892.8000 2.20%
Ethereum Ethereum
3577.95000 2.17%
BNB BNB
588.549000 0.80%
Solana Solana
189.901000 2.87%
XRP XRP
0.62479400 2.18%