LTCUSD: Keep an eye on the demand zone

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LTCUSD: Keep an eye on the demand zoneLitecoin / US DollarCOINBASE:LTCUSDXTrendSpeedOn the daily chart, LTCUSD is currently trading at low levels; in the short term, focus on the demand zone between 39.2 and 42.1. If the price pulls back and stabilizes there, consider buying. Monitor resistance near 46.3; a breakout above this level could potentially form an inverse head-and-shoulders pattern.