Litecoin Price Analysis: LTC price triggers sharp decline after rejection at $110.
TL; Disaster Recovery Breakdown
LTC price triggers bearish reversal after hitting highs near $110
LTC resistance is at $105
Litecoin Price Prediction 2023-2032
LTC Price Prediction for 2023 – Up to $105.02
24 -25 My friends, please make your predictions:?
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How much is LTC worth?
LTC/USD has support at $105 as bulls failed to maintain the upward momentum as LTC price fell sharply amid selling pressure. In the past 24 hours, the price of LTC has fluctuated downwards, hitting a low of around $103.
LTC/USD buying confidence is low.
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Litecoin price is currently experiencing mild selling activity as it struggles to trade above the $110 level. As a result, the price failed to gain buying pressure and witnessed downward fluctuations near $110. However, bulls are trying to regain the old momentum by defending the immediate decline. 24-hour trading volume fell to $5.9 million, indicating lower interest in trading activity today. LTC price is currently trading at $105,
The bears are tightening their grip and currently, the bulls are trying to push the price towards an upward correction, while the bears are engaged in a fierce battle near the immediate support.
What to expect next from LTC price analysis?
Bulls are generating buying pressure to maintain prices; however, sellers may soon make a comeback. If LTC price maintains momentum above $105, it may climb towards $110.
If the bulls fail to initiate a surge, LTC price could fall below the immediate support line at $103, which could lead to a pullback to $92.
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