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📢📢Recent Developments:
🚨Transaction Milestone: Litecoin has processed its 300 millionth transaction, marking a significant achievement in its journey toward decentralized financial inclusion.
🚨Spot ETF Prospects: The price of Litecoin spiked more than 8% as Canary's spot Litecoin ETF made a move to prepare for its potential approval.
🚨Technical Analysis🚨:
🚨Moving Averages: Litecoin's 50-day moving average is currently at $114.84, while its 200-day moving average stands at $88.28, both indicating a 'Buy' signal.
🚨Resistance and Support Levels: Key resistance levels are identified at $140, while support levels are at $128.83.
🚨Technical Indicators: The Relative Strength Index (RSI) is at 62.94, suggesting a neutral trend. The Moving Average Convergence Divergence (MACD) is at 4.33, indicating a potential bearish crossover.