Litecoin Drops Below $90 Amid Bullish Indicators
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币界网报道：Litecoin (LTC) has declined over 90% from its all-time high, yet analysts highlight bullish indicators suggesting potential recovery. Despite the prolonged bear market, Litecoin's network fundamentals remain strong, with active addresses and transaction volumes showing resilience. Market observers point to historical patterns where Litecoin rebounded significantly after similar downturns. The upcoming halving event in 2023, which will reduce mining rewards by 50%, is seen as a key catalyst that could drive price appreciation. Technical analysis also reveals oversold conditions on longer timeframes, signaling possible accumulation opportunities for long-term investors.
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