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We have seen Litecoin unfold exactly as we expected. Litecoin dipped to a low of 70.61 from where it started to recover again. The dip to 70.61 completed a small expanded flat correction and Litecoin should now head higher again through minor resistance at 72.52 for a continuation higher towards 97.35 and above.
Ultimately, we are looking for Litecoin to rally towards the long-term target at 131.055.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
