Litecoin price did not show any strong move since morning, as it fluctuates around 55.00 level, noticing that stochastic loses its positive momentum clearly to show overbought signals now.
Therefore, our bearish overview will remain valid for today conditioned by the price stability below 67.50, reminding you that our next main target is located at 40.00.
Expected trading range for today is between 45.00 support and 60.00 resistance
Expected trend for today: Bearish