Litecoin price tested the key resistance 56.80 and returns to decline again, settling around 53.00, to keep the bearish trend scenario valid until now, waiting to break 50.00 level to head towards 40.00 as a next main station, while breaching 56.80 represents positive key that will push the price to achieve gains that reach 70.00 on the near term basis.
Expected trading range for today is between 45.00 support and 56.00 resistance
Expected trend for today: Bearish