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Cryptocurrency News Articles
Litecoin (LTC) and Hedera Hashgraph (HBAR) Technical Analysis
Dec 19, 2024 at 04:01 am
The breakout target, calculated by measuring the triangle’s height, projects a move toward $230, aligning closely with the 0.5 Fibonacci retracement level.
Litecoin price analysis suggests a bullish breakout from a symmetrical triangle pattern on the daily chart. Breaking above the upper trendline resistance at $104 could lead to a significant rally toward $188 and potentially higher levels.
A four-hour HBAR price analysis chart shows a bearish reversal pattern forming within a descending triangle. Sellers appear to be gradually overpowering buyers, hinting at a potential 25% drop from the upper trendline resistance at $0.35.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
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