Litecoin price continues to fluctuate near the EMA50 and keeps its stability below it, noticing that stochastic enters the overbought areas now, waiting to motivate the price to decline in the upcoming sessions, to keep the bearish trend suggested conditioned by the price stability below 50.00.
Note that the main expected target of the current bearish wave is located at 35.25.
The expected trading range for today is between 38.00 support and 47.15 resistance
The expected trend for today: Bearish