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Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast

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Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast - NewsBTC

Quick Summary:

Related Reading: Cosmos (ATOM) Set For 50% Rally After Recent Plunge, Analyst Eyes $12 Target Focusing on the narrowing of the Bollinger Bands—a main signal of low market volatility— Bollinger’s study implies Litecoin could be about to undergo a notable price movement.

About time for LTC to wake up.— John Bollinger (@bbands) July 22, 2024 Snapshot Of The Current Markets With a market capitalisation of $5.35 billion and a current trading price of $73.27 Litecoin ranks as the 21st biggest cryptocurrency by market valuation.

Given that the lower Bollinger Band is almost zero, the stage is prepared for a possible breakout as historically such circumstances usually precede significant price changes.Squeezy, squeezy.

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Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast - NewsBTC (Picture 1)Litecoin (LTC) Set To ‘Wake Up’, According To Legendary Trader’s Forecast - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 14:30:16 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21762446

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 12 hours ago

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Publisher ID: #102

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