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May 24, 2023 12:30 PM

LTC Storms Towards a Rebound ⚡ī¸đŸŒŠī¸ Will BTC and BNB Follow Suit? 

LTC Perpetual Futures ContractBinance

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The global crypto market faces cloudy weather with some sun in the next 24 hours ⛅ī¸, as the failure to reach an agreement on the US debt ceiling weighs on the market sentiment. This translates into a slightly bearish market đŸģ with downside risk.

The weather is however stormy ⛈ī¸ – signaling an imminent rebound – for Litecoin today. Litecoin has been subject to profit-taking 💰 after interest for this crypto asset soared following its release of its own LTC-20 standard earlier in May.

Over a one-week horizon, cloudy weather with some sun ☀ī¸ is predicted for Bitcoin and Binance Coin. This forecast can be translated into a slightly bearish market đŸģ with downside risk. The outlook is brighter for Ethereum and Ripple where a slightly bullish market 🐮 with upside potential is likely.

Follow us to stay updated with more crypto weather insights and reports!🌩ī¸â›…đŸŒˆ
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