Litecoin price fluctuates within sideways track, falling under the negative pressure formed by the EMA50, while stochastic shows overbought signals now.
Therefore, we believe that the chances are valid to resume the expected bearish trend for the upcoming period, which its next target located at 27.45, while holding below 32.55 represents the first condition to continue the expected decline.
Expected trading range for today is between 27.45 support and 32.55 resistance
Expected trend for today: Bearish