Litecoin price awaits the break – Analysis - 29-01-2019

Litecoin price settles around 30.00 barrier, and we still waiting to break 29.55 to confirm extending the bearish wave on the short term basis, noting that stochastic current positivity might push the price to provide temporary sideways trading before resuming the negative attempts again.

In general, we will continue to suggest the bearish trend in the upcoming period conditioned by the price stability below 33.10, reminding you that our next main target is located at 27.45.

Expected trading range for today is between 28.00 support and 32.00 resistance

Expected trend for today: Bearish