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Litecoin Price Tests $130 Amid Bearish Market Signals

In the past 24 hours, the overall crypto market has been bearish, with Bitcoin and Ethereum experiencing price declines. However, Litecoin has shown upward movements, with a 0.67% price increase in the last day. It initially fell to an intra-day low of $114 but has since surged to reach a high of $131.48. Currently, LTC is trading at $119.76. Over the past week, Litecoin has increased in price by 7.73%. Technical indicators suggest a bullish dominance for Litecoin, with increased capital influx and a high bull power indicator value. In contrast, other cryptocurrencies like XRP and Cardano have shown bearish signals.

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