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Litecoin has broken nicely above resistance at 103.41 and 105.67 calling for much more upside progress towards 131.05 and ultimately closer to 171.43 too. Short-term we could see Litecoin make a small set-back to re-test the former resistance at 105.67, but this time it should ideally be able to act as a strong support for the next impulsive rally higher to 131.05 and above.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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