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LTC/USD Key market levels: Resistance levels: $125, $135, $145 Support levels: $100, $90, $80 LTC/USD – Daily chart The daily chart of LTC/ USDT shows the crypto market positions on the drawn downtrend line along with the smaller SMA. The 50-day SMA indicator is above the 10-day SMA indicator.
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Support was located at $105. Stochastic and Relative Strength Index oscillators are biased to the upside. The value of the altcoin is likely to hold its position in a recovery move with less weight to the upside to average the $125 resistance level
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Will the LTC/USD price fall from its $125 and $100 trading zones as soon as the market breaks down the downtrend line? It is not technically projectable that the LTC/USD price will break out of its current trading points of $125 and $100 any time soon, rather we believe that it will regain strength as the market positions itself on the Bitcoin trend line. Stochastic oscillations against some upward range lines suggest that a remaining buying force is at a particular trading point higher. If the bulls stay strong, the price can rally towards some of the previous highs.
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Despite Recent Drop Below $40,000, Recent Data Shows Rise In demand for Bitcoin (BTC) from institutional investors as investors rush to buy BTC “at a discount.”
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price is in a downside correction as it is at risk of falling further to $11. Following the recent crash, selling pressure eased as Chainlink resumed a seemingly steady sideways move in the $13-$15 price range.
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Last day was very volatile and bearish for BTC/USD trading as trade The cryptocurrency market experiences unsteady movements around the $40,000 line. There is currently a record high and low of $41,169 and $39,192, which represent the current trading zones of the crypto economy against the USD.
Between mid-March and early April, the ETH network fee jumped from $5.98 per transaction to $43.41 on April 5, an increase of more than 600%. However, network fees did not rise again after that and have maintained downward momentum as of this writing.
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LTC/USD is below all Technical Analysis indicators. There was an increase in the valuation of the Altcoin against the US dollar as price characteristics between $102 and $113, at a positive 10 percentage rate in the last few hours
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UNI/USDT trading has begun, and we saw a lag at a point of major trading resistance as the crypto market returns to a move decreasing. The price once fell lower to around $9. But now it trades at $9.3, maintaining a positive percentage rate of 2%.
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