LTCUSD is approaching resistance, potential drop!

LTCUSD is approaching our first resistance at 50.38 (horizontal pullback resistance, 38.2%, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 47.19 (horizontal swing low support, 100% Fibonacci extension).
RSI (89) is also approaching resistance and we might see a corresponding drop in price.
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