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Litecoin Price Prediction: Long-term (LTC) Value Forecast – July 13

On June 22, the bulls failed to break the $140 overhead resistance as the market fell to a downward correction.
From the price action, the crypto’s price is likely to fall to the previous low at $87.
LTC/USD Long-term Trend: Bearish
Resistance Levels: $100, $110, $120
Support levels: $90, $80, $70

The LTC/USD pair is now in a bearish trend zone. On June 22, the bulls failed to break the $140 overhead resistance as the market fell to a downward correction. The bears have broken below the 12-day EMA and the 26-day EMA to reach the bearish trend zone. As the crypto’s price is below the EMAs, there is a likelihood that price will continue its fall. Nevertheless, the LTC price has fallen to a low at $98 as at the time of writing. From the price action, the crypto’s price is likely to…

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