CandleFocus

Litecoin (LTC) Faces 25% Crash? Traders Brace for a Sell-Off

The cryptocurrency Litecoin (LTC) is expected to experience a significant price drop of around 25% due to bearish market sentiment and negative price action. Technical analysis suggests that if LTC fails to break above the $141 level, it could reach the support level at $95. Short-term traders are betting on the bearish side, while long-term holders are accumulating the token. Despite the bearish outlook, LTC is currently trading above the 200 EMA, indicating an uptrend.

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