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15.11.202307:56 Forex Analysis & Reviews: Elliott wave analysis of Litecoin for November 15, 2023

Exchange Rates 15.11.2023 analysis

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.

Torben Melsted,
Analytical expert of InstaSpot
© 2007-2024
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