Litecoin Price Action: Range-Low Deviation ?Litecoin / TetherCOINJAR:LTCUSDTCoinJarLitecoin price action has recently confirmed a potential deviation around the lower boundary of the higher-timeframe range near $49. This area is important from a structural perspective, as price has moved below the range low and is now attempting to establish acceptance back above it. As long as LTC remains above the $49 level, the deviation structure could remain valid and may increase the probability of a rotational move toward the opposite side of the range, with the higher-timeframe resistance area around $135 becoming a potential level of interest. However, this remains dependent on price maintaining acceptance above the range low. A sustained move back below $49 would weaken the deviation thesis and could increase the probability of a deeper corrective move toward lower support regions. Since this analysis is based on a line chart, the focus remains primarily on the broader structure and closing levels rather than intraday price fluctuations. For now, $49 remains the key level to monitor. Holding above it would keep the range-deviation structure intact, while a failure to reclaim or maintain this level would suggest that further downside may need to be considered. ---------------------------------------------------------------------------------------------- UK residents: Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more: coinjar.com/uk/risk-summary The article is an opinion expressed by the author at a point in time and does not represent the views of CoinJar UK Limited or CoinJar Australia Pty Ltd. Take care to consider the date of this article and be aware that this opinion is based on circumstances at the time of publishing. No responsibility or liability is accepted for any errors of fact or omission expressed therein. Past performance is not a reliable indicator of future results. This above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances; all readers should seek independent investment advice before investing in cryptocurrencies. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets.In the UK, it's legal to buy, hold, and trade crypto, however cryptocurrency is not regulated in the UK. It's vital to understand that once your money is in the crypto ecosystem, there are no rules to protect it, unlike with regular investments. You should not expect to be protected if something goes wrong. So, if you make any crypto-related investments, you're unlikely to have recourse to the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS) if something goes wrong. ---------------------------------------------------------------------------------------------- EU residents: Warning: If you invest in this product, you may lose some, or all, of the money you invest. The value of crypto-assets may rise or fall rapidly. Past performance is not indicative of future results. To learn more see our Risk Disclosures. CoinJar Europe Limited is authorised by the Central Bank of Ireland as a crypto-asset service provider (registration number C496731) ----------------------------------------------------------------------------------------------