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24.01.202505:24 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of Litecoin Cryptocurrency, Friday January 24, 2025.

Relevance up to 20:00 UTC--5

Exchange Rates 24.01.2025 analysis

With the appearance of convergence between Litecoin's price movement and the CCI (30) indicator on its daily chart, in the next few days there is potential for this cryptocurrency to weaken, where as long as there is no further strengthening that breaks through and closes above the 139.21 level, this cryptocurrency will weaken down, where the 99.26 level will be tested. If this level is successfully broken and closes below that level, Litecoin has the potential to continue its weakening back to the 86.56 and 70.08 levels as the next targets if the momentum of the weakening and its volatility support it.

(Disclaimer)

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Arief Makmur,
Analytical expert of InstaSpot
© 2007-2025
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