Litecoin Breaks Under Parallel Channel: Analyst Predicts This Target
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Litecoin has recently broken below a parallel channel, as noted by analyst Ali Martinez. This technical development suggests that Litecoin may experience further price movement, potentially reaching a new target level.
March 19, 2025 | 7:45 am
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Litecoin has broken below a parallel channel, indicating potential further price movement. Analyst Ali Martinez suggests a new target level, which could impact Litecoin's short-term price.
The breaking of a parallel channel is a significant technical indicator that often precedes further price movement. Analyst Ali Martinez's prediction of a new target level suggests a potential downward trend for Litecoin in the short term.
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