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Litecoin braces for a 100% liftoff following cup and handle breakout
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Litecoin projected a 100% upswing following a cup and handle breakout. A move above the Golden Fibonacci Zone would set LTC on course to a breakout target at $360 and another possible 50% surge at the upper sloping trendline.
However, LTC might need to deal with a near-term correction before the projected rally as its daily RSI was at overbought levels. At the time of writing, LTC traded at $251.7, up by 20% over the last 24 hours.
Source: LTC/USD, TradingView
Litecoin was expected to continue its
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