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LTC Price Analysis: Litecoin Holds Support Level as Layer-2 Launch Signals Broader Utlity

Summary by Coin Desk
Litecoin LTC is clinging to key technical support around $89 as a mix of fundamental and macro developments shape its short-term outlook, according to CoinDesk Research's technical analysis data model.The cryptocurrency traded in a tight range over the last 24 hours, testing lows near $88.92 before recovering. Despite forming a bearish head-and-shoulders pattern, volume support at $89 suggests buyers are stepping in.This stability comes amid bro…

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Coin Desk broke the news in Manila, Philippines on Wednesday, June 4, 2025.
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