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05.06.2025 09:53 AM
On the 4-hour chart of the Litecoin cryptocurrency, there is an appearance of a Descending Broadening Wedge pattern which indicates that there will be a strengthening in the near future, although currently there is a potential for a downward correction in Litecoin to the level of 85.33, but as long as this downward correction does not break and close below 83.65, Litecoin has the potential to rise again to the level of 92.69 and if the volatility and momentum of the strengthening support it, the level of 95.17 will be the next target to be aimed for.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
