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Why Litecoin Price May Crash to Sub $50 Levels?

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Summary
Nutrition label

62% Informative

Litecoin price jumped 1% to $ 63.7 during U.S. trading on Tuesday despite a general pullback in the crypto market.

The sudden liquidation of 45.2 K wallets suggests smaller investors are exiting, which could pave the way for long-term investors and a potential recovery.

A downsloping trendline drives a current correction trend in LTC .

The LTC price has traded sideways for nearly two weeks , wavering around $65 level.

VR Score

40

Informative language

25

Neutral language

48

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

short-lived

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