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Litecoin (LTC) trading analysis: Short-term bounce amidst broader downtrend
In the short term, Litecoin did witness a slight pullback of 0.57% in the last hour, as some traders likely opted to take profits from the recent upward momentum. However, when viewed on a daily timeframe, Litecoin is still maintaining a 2.16% gain, indicating consistent buying interest. chart The trading volume for Litecoin in the last 24 hours amounted to $268.56 million, signifying a healthy level of liquidity and active trading within the market. The presence of strong volume confirms that the recent price movements are substantive. Zooming out to a weekly perspective, Litecoin has demonstrated a 3.24% gain ... (full story)
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- Posted: Sep 17, 2023 9:32pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 97
