Litecoin price pushes on 50.00 level now, waiting to confirm breaking it to open the way to head towards our next target at 40.00.
In general, we will continue to suggest the bearish trend on the intraday and short term basis conditioned by the price stability below 68.00, noting that the EMA50 keeps supporting the suggested bearish wave.
Expected trading range for today is between 40.00 support and 55.00 resistance
Expected trend for today: Bearish