A brief technical and on-chain analysis on Litecoin price. Here, FXStreet's analysts evaluate where LTC could be heading next.
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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
Ripple shows signs of weakness as it slides below $1.50 on Thursday. The correction from September highs of $1.66 aligns with recent struggles faced by major assets Bitcoin and Ethereum.
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Bitcoin trades broadly between support at $82,500 and resistance at $85,000. Ethereum similarly remains under pressure, trading below $2,700 while the $2,600 level provides immediate support. At the same time, Ripple has slipped below the pivotal $1.50 level.
Bitcoin remains under pressure, trading below $84,000 on Thursday after failing to close above the $85,000 resistance zone the previous day. US-listed spot ETFs recorded an outflow of $148.69 million on Wednesday, snapping the nine-day inflow streak since mid-September.
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