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Litecoin (LTC) Market update:-

📍 Current Price: $129.12 (+4.95%)
📈 Moving Averages:

MA(7): 126.32 (Short-term)

MA(50): 114.25 (Mid-term)

MA(100): 109.75 (Long-term)

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📊 Trend Analysis:

LTC is showing bullish momentum as it continues to trade above key moving averages. The short-term MA(7) is above the MA(50) and MA(100), indicating a strong uptrend.

🔹 Key Support Levels: $114.25 (MA50) & $109.75 (MA100)
🔹 Key Resistance Levels: $146.61 (Previous High) & $149.67

Litecoin recently tested the $85.30 support and bounced back strongly, confirming buyers' interest. If LTC maintains this momentum, a push towards $140 - $150 is likely.

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📈 Prediction:

✅ Bullish Scenario: If LTC stays above $126, it could test $140+ in the short term and possibly reach $150 if strong volume persists.
❌ Bearish Scenario: If LTC fails to hold $126, a retracement towards $114 (MA50) or even $100 could occur before a new leg up.

🔹 Pro Tip: Watch volume closely; a strong breakout above $146 will confirm further upside potential. 🚀

#LTC #Crypto Downturn: Hold or Sell? #BTC #ETH